# 119-sjres-202: A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Small Business Administration relating to "Citizenship and Residency Requirements and Recission of Procedural Notice 5000-872050" and "Revised Applicant Ownership, Citizenship, and Residency Requirements for 7(a) and 504 Loans".

119-sjres-202, A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Small Business Administration relating to "Citizenship and Residency Requirements and Recission of Procedural Notice 5000-872050" and "Revised Applicant Ownership, Citizenship, and Residency Requirements for 7(a) and 504 Loans"., is a 119th Congress bill sponsored by Sen. Markey, Edward J. [D-MA] (D-MA); status introduced (as of 2026-09-10).

- Canonical: https://policyrisk.com/legislation/119-sjres-202
- As of: 2026-09-10
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-sjres-202
- Congress: 119
- Title: A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Small Business Administration relating to "Citizenship and Residency Requirements and Recission of Procedural Notice 5000-872050" and "Revised Applicant Ownership, Citizenship, and Residency Requirements for 7(a) and 504 Loans".
- Status: introduced
- Introduced: 2026-07-23
- Sponsor: Sen. Markey, Edward J. [D-MA] (D-MA)
- Cosponsors: 0
- Policy area: Commerce
- Touches household money: no
- Last recorded action: 2026-09-10

## Summary

**Nullifies two SBA rules on citizenship, residency, and ownership for 7(a) and 504 loans.** Those rules are titled "Citizenship and Residency Requirements and Recission of Procedural Notice 5000-872050" (Feb. 2, 2026) and "Revised Applicant Ownership, Citizenship, and Residency Requirements for 7(a) and 504 Loans" (Feb. 11, 2026), and the resolution preserves the prior eligibility and procedural framework for these loan programs.

## Related bills

- 119-s-2120: Older Americans Act Reauthorization Act of 2025
- 119-s-5071: Children's Safe Welcome Act of 2026
- 119-s-5022: Cannabis Administration and Opportunity Act
- 119-s-2838: Protecting Our Democracy Act
- 119-s-2819: Head Start for America's Children Act
- 119-s-5283: Momnibus Act

## Sources
- [119-sjres-202 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-joint-resolution/202)

## Related
- [119-s-2120: Older Americans Act Reauthorization Act of 2025](https://policyrisk.com/legislation/119-s-2120)
- [119-s-5071: Children's Safe Welcome Act of 2026](https://policyrisk.com/legislation/119-s-5071)
- [119-s-5022: Cannabis Administration and Opportunity Act](https://policyrisk.com/legislation/119-s-5022)
- [119-s-2838: Protecting Our Democracy Act](https://policyrisk.com/legislation/119-s-2838)
- [119-s-2819: Head Start for America's Children Act](https://policyrisk.com/legislation/119-s-2819)
- [119-s-5283: Momnibus Act](https://policyrisk.com/legislation/119-s-5283)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-sjres-202 (as of 2026-09-10).