H.R. 7401 · 119th Congress

Small Business Lending Fraud Prevention Act

Introduced on Feb 5, 2026 by Daniel Meuser (R-PA-9). One cosponsor. Latest action (Jul 13, 2026): Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.

Stage
Passed one chamber
Introduced
Feb 5, 2026
Cosponsors
1
1 from the other party
Policy area
Commerce

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 require employees of the Small Business Administration to certify that the employee does not have any prohibited conflicts of interest with respect to loans in which the employee is involved, and for other purposes.

Subjects

  • Administrative law and regulatory procedures
  • Government employee pay, benefits, personnel management
  • Government ethics and transparency, public corruption
  • Small Business Administration

Summary

By the Congressional Research Service (Reported to House, Feb 20, 2026). Public domain.

Small Business Lending Fraud Prevention Act

This bill requires Small Business Administration (SBA) employees who participate in the origination, review, or approval of SBA loans to certify in writing prior to such participation that the employee

  • does not have any conflict of interest with respect to the loan,
  • will disclose any such conflict of interest arising after the certification is made, and
  • understands the requirements with respect to conflicts of interest applicable SBA employees.

Under current law, federal employees must disclose financial conflicts of interest with respect to a particular matter and recuse themselves from such matter (with limited exceptions upon authorization from the employee's agency designee).

The SBA must issue regulations implementing the requirements of this bill.

Sponsor and cosponsors

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

Daniel MeuserR-PA-9Sponsor

Democrats · 1

Roll calls

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

  1. Jun 24, 2026· House· Passage· Passed 415–0

History

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

  1. Feb 5, 2026Introduced in House
  2. Feb 5, 2026Introduced in House
  3. Feb 5, 2026 · HouseReferred to the House Committee on Small Business.
  4. Feb 11, 2026 · HouseCommittee Consideration and Mark-up Session Held
  5. Feb 11, 2026 · HouseOrdered to be Reported by the Yeas and Nays: 24 - 0.
  6. Feb 20, 2026Reported by the Committee on Small Business. H. Rept. 119-500.
  7. Feb 20, 2026 · HouseReported by the Committee on Small Business. H. Rept. 119-500.
  8. Feb 20, 2026 · HousePlaced on the Union Calendar, Calendar No. 426.
  9. Jun 23, 2026 · HouseMr. Williams (TX) moved to suspend the rules and pass the bill.
  10. Jun 23, 2026 · HouseConsidered under suspension of the rules. (consideration: CR H4140-4141; text: CR H4140)
  11. Jun 23, 2026 · HouseDEBATE - The House proceeded with forty minutes of debate on H.R. 7401.
  12. Jun 23, 2026 · HouseAt the conclusion of debate, the chair put the question on the motion to suspend the rules. Mr. Williams (TX) objected to the vote on the grounds that a quorum was not present. Further proceedings on the motion were postponed. The point of no quorum was considered as withdrawn.
  13. Jun 24, 2026 · HouseConsidered as unfinished business. (consideration: CR H4226-4227)
  14. Jun 24, 2026Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 415 - 0, 1 Present (Roll no. 225).House · Roll call 225
  15. Jun 24, 2026 · HouseOn motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 415 - 0, 1 Present (Roll no. 225).House · Roll call 225
  16. Jun 24, 2026 · HouseMotion to reconsider laid on the table Agreed to without objection.
  17. Jul 13, 2026 · 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 6, 2026 · loaded Oct 6, 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.