Legislation1w ago
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To authorize implementation grants to community-based nonprofits to operate one-stop reentry centers.
HR8548Rep. Kamlager-Dove, Sydney [D-CA-37] (D-CA)
introduced
HR7401119th CongressWALLET
Small Business Lending Fraud Prevention Act
Sponsored By: Representative Rep. Meuser, Daniel [R-PA-9]
In Committee
Summary
Preparticipation conflict of interest certification. This bill would require Small Business Administration employees who will personally and substantially participate in originating, reviewing, or approving SBA loans to certify in writing that they have no conflicts under 18 U.S.C. 208 or 5 C.F.R. 2635.502. Certifications begin 270 days after enactment. If an employee later learns of a conflict they must immediately tell a supervisor and recuse from the loan. The Administrator must issue implementing regulations within 180 days.
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Bill Overview
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
New conflict checks for SBA staff
If enacted, beginning 270 days after enactment, SBA employees who will personally and substantially originate, review, or approve SBA loans would need to sign a written certification to the Administrator before participating. The certification would state the employee knows of no conflict under 18 U.S.C. 208 or 5 C.F.R. 2635.502, that they understand applicable federal and SBA conflict rules, and that they will disclose and recuse if they later learn of a prohibited conflict. The SBA Administrator would have to issue implementing regulations within 180 days of enactment.
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Sponsors & CoSponsors
Sponsor
Rep. Meuser, Daniel [R-PA-9]
PA • R
Cosponsors
Rep. Goodlander, Maggie [D-NH-2]
NH • D
Sponsored 2/5/2026
Roll Call Votes
No roll call votes available for this bill.
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