119th Congress · introduced in the House · Feb 5, 2026
Small Business Lending Fraud Prevention Act
Official title from Congress.gov
Latest action (Jul 13, 2026): Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
View on Congress.govPolicy area: Commerce
Congressional Research Service summary, version: Reported to House (Feb 20, 2026)
Small Business Lending Fraud Prevention Act
This bill requires Small Business Administration (SBA) employees who participate in the origination, review, or approval of SBA loans to certify in writing prior to such participation that the employee
• does not have any conflict of interest with respect to the loan,
• will disclose any such conflict of interest arising after the certification is made, and
• understands the requirements with respect to conflicts of interest applicable SBA employees.
Under current law, federal employees must disclose financial conflicts of interest with respect to a particular matter and recuse themselves from such matter (with limited exceptions upon authorization from the employee's agency designee).
Show the full summary (1 more paragraphs)Includes amendment, cloture, and procedural votes. Each is labeled with its exact question; only a passage question is a vote to pass the bill.
House · Jun 24, 2026 · Roll call 225 · Passed
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Motion to reconsider laid on the table Agreed to without objection.
On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 415 - 0, 1 Present (Roll no. 225). Roll call details
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 415 - 0, 1 Present (Roll no. 225). Roll call details
Considered as unfinished business. (consideration: CR H4226-4227)
At the conclusion of debate, the chair put the question on the motion to suspend the rules. Mr. Williams (TX) objected to the vote on the grounds that a quorum was not present. Further proceedings on the motion were postponed. The point of no quorum was considered as withdrawn.
DEBATE - The House proceeded with forty minutes of debate on H.R. 7401.
Considered under suspension of the rules. (consideration: CR H4140-4141; text: CR H4140)
Mr. Williams (TX) moved to suspend the rules and pass the bill.
Placed on the Union Calendar, Calendar No. 426.
Reported by the Committee on Small Business. H. Rept. 119-500.
Reported by the Committee on Small Business. H. Rept. 119-500.
Ordered to be Reported by the Yeas and Nays: 24 - 0.
Committee Consideration and Mark-up Session Held
Referred to the House Committee on Small Business.
Introduced in House
Introduced in House
Actions from Congress.gov, newest first.
Administrative law and regulatory procedures · Government employee pay, benefits, personnel management · Government ethics and transparency, public corruption · Small Business Administration
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