H.R. 7401House bill · 119th CongressIn the SenateCommerce

Small Business Lending Fraud Prevention Act

Sponsored byDaniel MeuserR-PA-9Introduced Feb 5, 2026Full text on congress.gov ↗

Latest action (Jul 13, 2026) Received in the Senate and Read twice and on Small Business and Entrepreneurship.

What it does

Congressional Research Service, Feb 20, 2026

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, 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.

Face Value

as passed the House
100Narrow

How much of this bill its name accounts for.

  • Every bill starts at100
  • Nothing counted against it: one area of law, and short enough that length doesn't register.

Face Value measures reach, not honesty. A big bill can be accurately named, and a low score is not an accusation — it means the contents reach further than any short title could describe. Count it yourself ↗ How this is worked out

What Congress did

1 recorded
  • On decisive vote

    House · Jun 24, 2026

    A fast-track vote: no amendments, short debate, and two thirds needed to pass. Used for bills expected to be uncontroversial.

    4150

    Passed

    Every vote →

Discussion

7 comments

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24
delta_dawn_laDemoHI-2voted Nay26d ago
Voting no. Not because the goal is wrong, but because this creates a new process on top of three that already exist and don't talk to each other.
14
delta_dawn_laDemoHI-2voted Nay28d ago
Genuine question for people on both sides: what does success look like five years out? If we can't answer that, what are we voting on?
8
hollowbrookDemoTX-14voted Nay24d ago
This is my worry too — the cost estimate always assumes full compliance and full compliance never happens.
9
marisol_qDemoPA-14voted Yea19d ago
Honest question, not a gotcha: what would change your mind on this?
9
PragmaticPeteDemoAL-3voted Yea21d ago
In favour, with a caveat: the effective date is doing a lot of work here. If it slips, everything else in this bill is theoretical.
7
PragmaticPeteDemoAL-3voted Yea28d ago
The plain-English summary is clearer than most, and the core mechanism seems sound. My question is enforcement — who actually checks that this happens?
9
marisol_qDemoPA-14voted Yea24d ago
Sure, but 'the states are doing it' cuts the other way for me. If it's working there, why federalise it?
Your position on H.R. 740157% Yea · 7 VoteWire users