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H.R. 2966 House Commerce

American Entrepreneurs First Act

Introduced
Apr 17, 2025
Sponsor
Rep. Van Duyne, Beth (R-TX-24)
View on Congress.gov

STAGE 4 OF 8 — HOUSE FLOOR

Currently in the House. Last action: received in the senate and read twice and referred to the committee on small business and entrepreneurship on Jun 9, 2025.

  1. House Introduced in House Apr 17, 2025
  2. House Referred to the House Committee on Small Business. Apr 17, 2025
  3. House Committee Consideration and Mark-up Session Held Apr 30, 2025
  4. House Ordered to be Reported (Amended) by the Yeas and Nays: 15 - 11. Apr 30, 2025
  5. House Reported (Amended) by the Committee on Small Business. H. Rept. 119-112. May 21, 2025
  6. House Placed on the Union Calendar, Calendar No. 83. May 21, 2025
  7. House Rules Committee Resolution H. Res. 458 Reported to House. Rule provides for consideration of H.R. 2483, H.R. 2931, H.R. 2966 and H.R. 2987. The resolution provides for consideration of H.R. 2483 under a structured rule and for consideration of H.R. 2931, H.R. 2966, and H.R. 2987 under a closed rule. The resolution provides for one hour of debate and one motion to recommit on each bill. Jun 3, 2025
  8. House Considered under the provisions of rule H. Res. 458. (consideration: CR H2510-2515) Jun 6, 2025
  9. House Rule provides for consideration of H.R. 2483, H.R. 2931, H.R. 2966 and H.R. 2987. The resolution provides for consideration of H.R. 2483 under a structured rule and for consideration of H.R. 2931, H.R. 2966, and H.R. 2987 under a closed rule. The resolution provides for one hour of debate and one motion to recommit on each bill. Jun 6, 2025
  10. House DEBATE - The House proceeded with one hour of debate on H.R. 2966. Jun 6, 2025
  11. House The previous question was ordered pursuant to the rule. Jun 6, 2025
  12. House Passed/agreed to in House: On passage Passed by the Yeas and Nays: 217 - 190 (Roll no. 156). Jun 6, 2025
  13. House On passage Passed by the Yeas and Nays: 217 - 190 (Roll no. 156). (text: CR H2510-2511) Jun 6, 2025
  14. House Motion to reconsider laid on the table Agreed to without objection. Jun 6, 2025
  15. House
    On Passage Jun 6, 2025
    Agreed Yea 217 Nay 190 Roll Call
  16. Senate Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship. Jun 9, 2025

Cosponsors

1

Subjects

Administrative law and regulatory proceduresGovernment lending and loan guaranteesImmigration status and proceduresSmall Business AdministrationSmall business

Committees

  • Small Business and Entrepreneurship Committee
    • [Referred To, Jun 9, 2025]
  • Small Business Committee
    • [Reported By, May 21, 2025]
    • [Markup By, Apr 30, 2025]
    • [Referred To, Apr 17, 2025]

Summary

American Entrepreneurs First ActThis bill revises the application requirements for the Small Business Administration's 7(a) loan and 504 loan programs.Specifically, the bill requires applications for such loans to include (1) the applicant's date of birth; and (2) a certification that the applicant or all beneficial owners are citizens, nationals, or lawful permanent residents of the United States.The bill specifies that certain individuals are ineligible for such loans, including (1) asylees, (2) refugees, (3) individuals issued a visa to remain in the United States, (4) individuals legally classified as nonimmigrants, (5) individuals to whom deferred action has been granted pursuant to the Deferred Action for Childhood Arrivals, and (6) individuals without lawful status under the immigration laws of the United States.

[Summary as of: Introduced in House]

Bill Text

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