# 119-hr-7401: Small Business Lending Fraud Prevention Act

119-hr-7401, Small Business Lending Fraud Prevention Act, is a 119th Congress bill sponsored by Rep. Meuser, Daniel [R-PA-9] (R-PA); status passed_house; PRIA reads it as touching household money (as of 2026-09-10).

- Canonical: https://policyrisk.com/legislation/119-hr-7401
- As of: 2026-09-10
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-7401
- Congress: 119
- Title: Small Business Lending Fraud Prevention Act
- Status: passed_house
- Introduced: 2026-02-05
- Sponsor: Rep. Meuser, Daniel [R-PA-9] (R-PA)
- Cosponsors: 1
- Policy area: Commerce
- Touches household money: yes
- Last recorded action: 2026-09-10

## 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. - 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.

## Cosponsors (1)

- Rep. Goodlander, Maggie [D-NH-2] (D-NH), 2026-02-05T00:00:00.000Z

## Votes

| Date | Chamber | Question | Result | Yea | Nay |
| --- | --- | --- | --- | --- | --- |
| 2026-06-24T00:00:00.000Z | house | On Motion to Suspend the Rules and Pass | Passed | 415 | 0 |

## Provisions PRIA read

- New conflict checks for small business loans: benefit, low. 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…

## Related bills

- 119-hr-9237: Take Care of America’s Veterans Act
- 119-hr-6644: 21st Century ROAD to Housing Act
- 119-hr-3151: SHIPS for America Act of 2025
- 119-hr-1229: United States-Israel Defense Partnership Act of 2025
- 119-hr-137: TCJA Permanency Act
- 119-hr-3633: Digital Asset Market Clarity Act

## Sources
- [119-hr-7401 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/7401)

## Related
- [119-hr-9237: Take Care of America’s Veterans Act](https://policyrisk.com/legislation/119-hr-9237)
- [119-hr-6644: 21st Century ROAD to Housing Act](https://policyrisk.com/legislation/119-hr-6644)
- [119-hr-3151: SHIPS for America Act of 2025](https://policyrisk.com/legislation/119-hr-3151)
- [119-hr-1229: United States-Israel Defense Partnership Act of 2025](https://policyrisk.com/legislation/119-hr-1229)
- [119-hr-137: TCJA Permanency Act](https://policyrisk.com/legislation/119-hr-137)
- [119-hr-3633: Digital Asset Market Clarity Act](https://policyrisk.com/legislation/119-hr-3633)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-7401 (as of 2026-09-10).