# 119-s-2486: Protecting Access to Credit for Small Businesses Act

119-s-2486, Protecting Access to Credit for Small Businesses Act, is a 119th Congress bill sponsored by Sen. Scott, Tim [R-SC] (R-SC); status introduced; PRIA reads it as touching household money (as of 2026-09-10).

- Canonical: https://policyrisk.com/legislation/119-s-2486
- As of: 2026-09-10
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-2486
- Congress: 119
- Title: Protecting Access to Credit for Small Businesses Act
- Status: introduced
- Introduced: 2025-07-28
- Sponsor: Sen. Scott, Tim [R-SC] (R-SC)
- Cosponsors: 8
- Policy area: Commerce
- Touches household money: yes
- Last recorded action: 2026-09-10

## Summary

**Prohibits the Small Business Administration from originating new direct 7(a) loans.** The bill would require the SBA to continue servicing any direct 7(a) loans made before enactment and would not explicitly change other SBA loan or guarantee authorities.

## Cosponsors (8)

- Sen. Budd, Ted [R-NC] (R-NC), 2025-07-28T00:00:00.000Z
- Sen. Barrasso, John [R-WY] (R-WY), 2025-07-28T00:00:00.000Z
- Sen. Hyde-Smith, Cindy [R-MS] (R-MS), 2025-07-28T00:00:00.000Z
- Sen. Risch, James E. [R-ID] (R-ID), 2025-07-28T00:00:00.000Z
- Sen. Daines, Steve [R-MT] (R-MT), 2025-07-28T00:00:00.000Z
- Sen. Scott, Rick [R-FL] (R-FL), 2025-07-28T00:00:00.000Z
- Sen. Cramer, Kevin [R-ND] (R-ND), 2025-07-28T00:00:00.000Z
- Sen. Crapo, Mike [R-ID] (R-ID), 2025-07-28T00:00:00.000Z

## Provisions PRIA read

- SBA stops making direct small business loans: mixed, medium. If enacted, the SBA would be barred from making any new direct 7(a) loans starting on the date of enactment. The SBA would still have to service any direct 7(a) loans it made before the date of enactment. Small businesses seeking 7(a) loans would need to use private lenders or SBA-guaranteed loan o…

## Related bills

- 119-s-3752: SAVE America Act
- 119-s-401: Fair Access to Banking Act
- 119-s-587: Death Tax Repeal Act of 2025
- 119-s-186: No Taxpayer Funding for Abortion and Abortion Insurance Full Disclosure Act of 2025
- 119-s-6: Born-Alive Abortion Survivors Protection Act
- 119-s-3697: SAVE Moms and Babies Act of 2026

## Sources
- [119-s-2486 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/2486)

## Related
- [119-s-3752: SAVE America Act](https://policyrisk.com/legislation/119-s-3752)
- [119-s-401: Fair Access to Banking Act](https://policyrisk.com/legislation/119-s-401)
- [119-s-587: Death Tax Repeal Act of 2025](https://policyrisk.com/legislation/119-s-587)
- [119-s-186: No Taxpayer Funding for Abortion and Abortion Insurance Full Disclosure Act of…](https://policyrisk.com/legislation/119-s-186)
- [119-s-6: Born-Alive Abortion Survivors Protection Act](https://policyrisk.com/legislation/119-s-6)
- [119-s-3697: SAVE Moms and Babies Act of 2026](https://policyrisk.com/legislation/119-s-3697)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-2486 (as of 2026-09-10).