United States · Bill · HR
H.R. 7401 (119th)
Small Business Lending Fraud Prevention Act
Introduced
5 February 2026
Last action
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Status
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Sponsors
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Subjects
Discovery layer
Source updated
15 July 2026
Summary
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). The SBA must issue regulations implementing the requirements of this bill.
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Timeline
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Votes
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Versions
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Documents
5 official files
Referred in Senate
Referred in Senate
Referred in Senate · EN · 13 July 2026
Engrossed in House
Engrossed in House · EN · 24 June 2026
Reported in House
Reported in House · EN · 20 February 2026
Reported to House
summary · EN · 20 February 2026
Introduced in House
Introduced in House · EN · 5 February 2026
Sponsors
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Related records
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/119th-congress/house-bill/7401
- Open data entity: https://api.congress.gov/v3/bill/119/hr/7401