H.R. 4481 · 117th Congress

Small Business 7(a) Loan Agent Transparency Act

Introduced on Jul 16, 2021 by Dean Phillips (D-MN-3). 6 cosponsors, 6 of them from another party. Latest action (Nov 3, 2021): Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.

Stage
Passed one chamber
Introduced
Jul 16, 2021
Cosponsors
6
6 from the other party
Policy area
Commerce
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Progress

The furthest stage the measure reached. Simple and concurrent resolutions do not go to the President.

  1. Introduced
  2. Reported by committee
  3. Passed one chamber
  4. 4Passed both chambers
  5. 5Sent to the President
  6. 6Became law

Official title

To amend the Small Business Act to establish requirements for 7(a) agents, and for other purposes.

Subjects

  • Government lending and loan guarantees
  • Licensing and registrations
  • Small business

Summary

By the Congressional Research Service (Passed House, Nov 2, 2021). Public domain.

Small Business 7(a) Loan Agent Transparency Act

This bill provides oversight of 7(a) loan agents, including by requiring the Small Business Administration (SBA) to establish a registration system for such agents whereby certain data may be collected and by mandating that such agents register with the system and pay an annual registration fee.

These agents provide referral and loan application services related to the SBA's 7(a) Program. Under the 7(a) Program, the SBA guarantees up to 80% of a private lender's loan to a small business borrower who cannot obtain credit elsewhere on reasonable terms and conditions.

Sponsor and cosponsors

Cosponsors by party as of the day they signed on. Original cosponsors signed on the day of introduction.

Dean PhillipsD-MN-3Sponsor

Republicans · 6

Roll calls

Recorded votes on the measure. Most measures move by voice vote or unanimous consent, which record no individual positions.

  1. On Motion to Suspend the Rules and Pass
    Nov 2, 2021· House· Passage· Passed 407–9

History

Every action as published, oldest first. Roll calls link to how each member voted.

  1. Jul 16, 2021Introduced in House
  2. Jul 16, 2021Introduced in House
  3. Jul 16, 2021 · HouseReferred to the House Committee on Small Business.
  4. Jul 29, 2021 · HouseCommittee Consideration and Mark-up Session Held.
  5. Jul 29, 2021 · HouseOrdered to be Reported by Voice Vote.
  6. Oct 12, 2021Reported by the Committee on Small Business. H. Rept. 117-141.
  7. Oct 12, 2021 · HouseReported by the Committee on Small Business. H. Rept. 117-141.
  8. Oct 12, 2021 · HousePlaced on the Union Calendar, Calendar No. 101.
  9. Nov 2, 2021 · HouseMs. Velazquez moved to suspend the rules and pass the bill.
  10. Nov 2, 2021 · HouseConsidered under suspension of the rules. (consideration: CR H6090-6091)
  11. Nov 2, 2021 · HouseDEBATE - The House proceeded with forty minutes of debate on H.R. 4481.
  12. Nov 2, 2021 · HouseAt the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
  13. Nov 2, 2021 · HouseConsidered as unfinished business. (consideration: CR H6101-6102)
  14. Nov 2, 2021Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 407 - 9 (Roll no. 351).(text: CR H6090)House · Roll call 351
  15. Nov 2, 2021 · HouseOn motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 407 - 9 (Roll no. 351). (text: CR H6090)House · Roll call 351
  16. Nov 2, 2021 · HouseMotion to reconsider laid on the table Agreed to without objection.
  17. Nov 3, 2021 · SenateReceived in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.

Committees

Committees and subcommittees the measure was referred to.

Agencies in its committees' jurisdiction

Analisa's mapping of committee jurisdiction to federal agencies; the bill may touch others, or none of these.

Sources and method

Every figure on this page traces to these records.

  • Bill status: bills and resolutions, sponsors, actions, subjects and CRS summaries (U.S. Government Publishing Office (GovInfo), from Congress.gov (Library of Congress))GovInfo Bill Status bulk data (Congress.gov; summaries by the Congressional Research Service) · data current to Oct 3, 2026 · loaded Oct 3, 2026 · license: Public domain (U.S. Government work, 17 U.S.C. § 105)
  • Members of Congress, their terms, committees and identifiers (The @unitedstates project (from the Biographical Directory of the U.S. Congress, the House and the Senate))unitedstates/congress-legislators: legislators, committees and current committee membership · data current to Oct 3, 2026 · loaded Oct 3, 2026 · license: CC0 1.0 (public domain dedication)
  • House roll-call votes (Office of the Clerk, U.S. House of Representatives)Office of the Clerk, U.S. House of Representatives, roll-call vote records · data current to Oct 3, 2026 · loaded Oct 3, 2026 · license: Public domain (U.S. Government work, 17 U.S.C. § 105)
  • Senate roll-call votes and DW-NOMINATE scores (Voteview (UCLA Department of Political Science))Lewis, Jeffrey B., Keith Poole, Howard Rosenthal, Adam Boche, Aaron Rudkin, and Luke Sonnet (2026). Voteview: Congressional Roll-Call Votes Database. https://voteview.com/ · data current to Oct 3, 2026 · loaded Oct 3, 2026 · license: Free to use with the required citation
  • Lobbying disclosures (LD-1 registrations, LD-2 quarterly reports, LD-203 contribution reports) (Clerk of the U.S. House of Representatives)Clerk of the House, Lobbying Disclosure Act filings (organizations only; lobbyists' names are not loaded) · data current to Oct 5, 2026 · loaded Oct 5, 2026 · license: Public domain (U.S. Government work, 17 U.S.C. § 105)
  • Positions are shown only where a roll call recorded them; voice votes and unanimous consent record none.