All Roll Calls
Yes: 415 • No: 0
119-hr-7401119th CongressWALLET
Small Business Lending Fraud Prevention Act
Sponsored By: Representative Meuser, Daniel [R-PA-9]
Passed House
Summary
Conflict-of-interest certifications for SBA loan staff. This bill would require any Small Business Administration employee who personally and substantially participates in originating, reviewing, or approving an SBA loan to sign a written certification that they have no prohibited conflicts, to disclose any conflict they learn about afterward, and to recuse themselves from the loan. The requirement takes effect 270 days after enactment and the Administrator must issue implementing regulations within 180 days.
Show full summary
- Employees: Staff who personally and substantially participate in SBA loan origination, review, or approval must sign a pre-participation conflict certification, immediately report any later conflicts, and recuse from the loan.
- Small businesses and borrowers: Loan decisions would face an added, formal conflict-check step intended to reduce decisions influenced by employee conflicts.
- The Small Business Administration: The Administrator must publish regulations to implement this certification and disclosure framework 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 small business loans
The Small Business Administration (SBA) Administrator would issue rules within 180 days after enactment. Starting 270 days after enactment, any SBA employee who would help originate, review, or approve an SBA loan would have to sign a written certification to the Administrator before working on the loan. The employee would certify they know of no prohibited conflict, understand federal conflict-of-interest rules, and will tell a supervisor and step aside if a conflict appears later. This would aim to reduce conflicts in SBA loan decisions.
Sponsors & CoSponsors
Sponsor
Meuser, Daniel [R-PA-9]
PA • R
Cosponsors
Rep. Goodlander, Maggie [D-NH-2]
NH • D
Sponsored 2/5/2026
Roll Call Votes
house vote • 6/24/2026
On Motion to Suspend the Rules and Pass
Yes: 415 • No: 0