S2562119th CongressWALLET

Equal Shot Act of 2025

Sponsored By: Senator Risch, James E. [R-ID]

Introduced

Summary

Protects firearm-related businesses from discrimination in SBA lending. This bill would bar the Small Business Administration from refusing loans, loan guarantees, or other financial assistance solely because an applicant is a firearm entity, a firearm entity affiliate, or a firearm trade association and would define those covered terms.

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

SBA loan access for firearm businesses

If enacted, the bill would stop the SBA from discriminating against eligible firearm businesses when they apply for loans. It would cover firearm entities, affiliates, and trade associations, including ranges and firearm instruction businesses. The rule would apply to loans and loan guarantees and would not change other eligibility rules. These definitions and the ban would take effect upon enactment.

Sponsors & CoSponsors

Sponsor

Risch, James E. [R-ID]

ID • R

Cosponsors

  • Sen. Justice, James C. [R-WV]

    WV • R

    Sponsored 7/31/2025

  • Sen. Daines, Steve [R-MT]

    MT • R

    Sponsored 7/31/2025

  • Cindy Hyde-Smith

    MS • R

    Sponsored 7/31/2025

  • Sen. Crapo, Mike [R-ID]

    ID • R

    Sponsored 7/31/2025

  • Sen. Lee, Mike [R-UT]

    UT • R

    Sponsored 7/31/2025

  • Sen. Lummis, Cynthia M. [R-WY]

    WY • R

    Sponsored 7/31/2025

  • Shelley Capito

    WV • R

    Sponsored 7/31/2025

  • Sen. Cassidy, Bill [R-LA]

    LA • R

    Sponsored 7/31/2025

  • Sen. Graham, Lindsey [R-SC]

    SC • R

    Sponsored 7/31/2025

  • Sen. Fischer, Deb [R-NE]

    NE • R

    Sponsored 7/31/2025

  • Sen. Sheehy, Tim [R-MT]

    MT • R

    Sponsored 7/31/2025

  • Sen. Scott, Tim [R-SC]

    SC • R

    Sponsored 7/31/2025

  • Sen. Budd, Ted [R-NC]

    NC • R

    Sponsored 7/31/2025

  • Sen. Kennedy, John [R-LA]

    LA • R

    Sponsored 7/31/2025

  • Sen. Blackburn, Marsha [R-TN]

    TN • R

    Sponsored 7/31/2025

  • Sen. Lankford, James [R-OK]

    OK • R

    Sponsored 7/31/2025

  • Sen. Tuberville, Tommy [R-AL]

    AL • R

    Sponsored 7/31/2025

  • Dan Sullivan

    AK • R

    Sponsored 8/2/2025

Roll Call Votes

No roll call votes available for this bill.

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