House · On Motion to Suspend the Rules and PassPassed
Yea 415 Nay 0 Present / not voting 16
H.R. 7401 · 119th CongressIn committee
Small Business Lending Fraud Prevention Act
Latest action. Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Live record from Congress.gov, updated as the official record changes.
What this bill would do
Official summary · Congressional Research ServiceSmall 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.
Written by analysts at the Congressional Research Service and published on Congress.gov, not by Civibrief. Summarized at the "Reported to House" stage on February 20, 2026. It describes the bill, it is not the legal text.
Status
Introduced
February 5, 2026
In committee
July 13, 2026
Passed a chamber
Cleared Congress
Enacted
Common questions
Composed from the official recordWhere is it in the process, and what happens next?
4 steps remain before this bill could become law.
The record's latest action, on July 13, 2026: Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
- Clearing the committees it was referred to, and being scheduled for a floor vote
- Passage by the House
- Passage by the Senate
- The President's signature. If the President vetoes it, two-thirds of both chambers must vote to override.
How likely is it to become law?
Civibrief does not forecast outcomes and this page has no opinion about this one. What the record supports is a base rate, which is a fact about the whole pile, not a prediction about this measure.
In the 118th Congress (2023-24), 274 of the 16,565 bills and joint resolutions introduced became law, about 1.7 percent. That count covers every measure at every stage, including the many that never left committee.
This one is not there yet: 4 steps are still outstanding, listed above.
Has anyone actually voted on it?
Yes. 1 recorded roll-call vote cites this measure, listed further down this page with every member's position.
Who is behind it?
Daniel Meuser (R-PA) introduced it on February 5, 2026, and 1 member has since signed on as a cosponsor.
They are 1 Democrat.
Cosponsoring is a formal signature on the text. It is not a commitment to vote for the measure, it does not bind anyone's party, and a long list of cosponsors is a measure of attention rather than of prospects.
How long has it been in play?
It was introduced on February 5, 2026, 217 days ago. The most recent recorded action was 59 days ago, on July 13, 2026.
Measures do not carry over. Anything the 119th Congress has not finished by January 3, 2027 dies when the term ends, and has to be introduced again from the start in the next Congress.
Every answer above is assembled from this measure's own record on Congress.gov and from published counts of what Congress has passed before. Civibrief does not predict outcomes and takes no position on any measure.
Vote history
- HousePassed on a recorded vote (official bill record may lag)
- SenateAwaiting Senate vote
- PresidentAwaits both chambers