H.R. 7401 House Commerce
Small Business Lending Fraud Prevention Act
STAGE 4 OF 8 — HOUSE FLOOR
Currently in the House. Last action: motion to reconsider laid on the table agreed to without objection on Jun 24, 2026.
- House Introduced in House Feb 5, 2026
- House Referred to the House Committee on Small Business. Feb 5, 2026
- House Committee Consideration and Mark-up Session Held Feb 11, 2026
- House Ordered to be Reported by the Yeas and Nays: 24 - 0. Feb 11, 2026
- House Reported by the Committee on Small Business. H. Rept. 119-500. Feb 20, 2026
- House Placed on the Union Calendar, Calendar No. 426. Feb 20, 2026
- House Considered under suspension of the rules. (consideration: CR H4140-4141; text: CR H4140) Jun 23, 2026
- House Mr. Williams (TX) moved to suspend the rules and pass the bill. Jun 23, 2026
- House Considered under suspension of the rules. Jun 23, 2026
- House DEBATE - The House proceeded with forty minutes of debate on H.R. 7401. Jun 23, 2026
- House 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 The point of no quorum was considered as withdrawn. Jun 23, 2026
- House Considered as unfinished business. Jun 24, 2026
- House 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). Jun 24, 2026
- 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). Jun 24, 2026
- House Motion to reconsider laid on the table Agreed to without objection. Jun 24, 2026
- House Latest voteOn Motion to Suspend the Rules and Pass Jun 24, 2026
Cosponsors
1
Subjects
Administrative law and regulatory proceduresGovernment employee pay, benefits, personnel managementGovernment ethics and transparency, public corruptionSmall Business Administration
Committees
- Small Business Committee
- Reported By , Feb 20, 2026
- Markup By , Feb 11, 2026
- Referred To , Feb 5, 2026
Summary
Small Business Lending Fraud Prevention ActThis 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, andunderstands 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).The SBA must issue regulations implementing the requirements of this bill.
Summary as of: Reported to House
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