# 119-hr-7229: Territorial SBA Loan Guaranty Adjustment Act of 2026

119-hr-7229, Territorial SBA Loan Guaranty Adjustment Act of 2026, is a 119th Congress bill sponsored by Del. Moylan, James C. [R-GU-At Large] (R-GU); status introduced; PRIA reads it as touching household money (as of 2026-04-21).

- Canonical: https://policyrisk.com/legislation/119-hr-7229
- As of: 2026-04-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-7229
- Congress: 119
- Title: Territorial SBA Loan Guaranty Adjustment Act of 2026
- Status: introduced
- Introduced: 2026-01-22
- Sponsor: Del. Moylan, James C. [R-GU-At Large] (R-GU)
- Cosponsors: 3
- Policy area: Commerce
- Touches household money: yes
- Last recorded action: 2026-04-21

## Summary

**90 percent SBA participation for deferred loans to covered territory businesses.** This bill would require the Small Business Administration to guarantee 90% of loans to covered territory businesses that are financed on a deferred basis, while preserving specified exceptions and updating a statutory cross-reference. - Covered territory businesses: Loans financed on a deferred basis would be backed 90% by the SBA under this arrangement, increasing the Administration's guaranteed share for those loans. - Lenders and other guarantors: Other lenders or guarantors would provide the remaining 10% of each loan under the participation framework. - Small Business Administration and law: The bill preserves exclusions for loans described in paragraphs (9), (14)(A), (16), (31), and (34), and for pilot programs under paragraph (25). It also adds a conforming amendment to include the new subparagraph in existing cross-references.

## Cosponsors (3)

- Del. King-Hinds, Kimberlyn [R-MP-At Large] (R-MP), 2026-01-22T00:00:00.000Z
- Rescom. Hernández, Pablo Jose [D-PR-At Large] (D-PR), 2026-02-02T00:00:00.000Z
- Del. Radewagen, Aumua Amata Coleman [R-AS-At Large] (R-AS), 2026-03-05T00:00:00.000Z

## Provisions PRIA read

- More loan backing for territory small businesses: benefit, medium. If enacted, the bill would set the Small Business Administration's share at 90% for agreements that participate in deferred-basis 7(a) loans to covered territory businesses. The 90% rule would not apply to loans described in section 7(a) paragraphs (9), (14)(A), (16), (31), or (34). It also would n…

## Related bills

- 119-hr-9877: Health Equity and Accountability Act of 2026
- 119-hr-3151: SHIPS for America Act of 2025
- 119-hr-9237: Take Care of America’s Veterans Act
- 119-hr-3816: Weather Act Reauthorization Act of 2025
- 119-hr-5168: Puerto Rico Nutrition Assistance Fairness Act
- 119-hr-4393: DIGNIDAD (Dignity) Act of 2025

## Sources
- [119-hr-7229 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/7229)

## Related
- [119-hr-9877: Health Equity and Accountability Act of 2026](https://policyrisk.com/legislation/119-hr-9877)
- [119-hr-3151: SHIPS for America Act of 2025](https://policyrisk.com/legislation/119-hr-3151)
- [119-hr-9237: Take Care of America’s Veterans Act](https://policyrisk.com/legislation/119-hr-9237)
- [119-hr-3816: Weather Act Reauthorization Act of 2025](https://policyrisk.com/legislation/119-hr-3816)
- [119-hr-5168: Puerto Rico Nutrition Assistance Fairness Act](https://policyrisk.com/legislation/119-hr-5168)
- [119-hr-4393: DIGNIDAD (Dignity) Act of 2025](https://policyrisk.com/legislation/119-hr-4393)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-7229 (as of 2026-04-21).