H.R. 1804 · 119th Congress · Commerce
7(a) Loan Agent Oversight Act
How the House voted
Yea from the left, nay from the right, each side by party
House · Jun 3, 2025
Roll call ↗405
3
Passed the House.
Passed the House on June 3, 2025.
Latest action: Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship
- IntroducedMar 3, 2025
- CommitteeMar 24, 2025
- Passed HouseJun 3, 2025
- Passed Senate
- Became law
On the record
- Cosponsors
- 1
- all Democrat
- Committees
- Senate Committee on Small Business and EntrepreneurshipHouse Committee on Small Business
- Lobbying
- At least 2
- organizations named it2025 Q1 to 2026 Q3
What it does
The bill adds a reporting requirement about the agents who help businesses get SBA 7(a) loans.
How each member voted
The House roll call, passed the House, June 3, 2025
Yea unless marked
D · House · NC-12
R · House · AL-4
D · House · CA-33
R · House · MO-4
R · House · GA-12
The bill adds a reporting requirement about the agents who help businesses get SBA 7(a) loans. It amends Section 47 of the Small Business Act to require the SBA to submit an annual report to Congress on 7(a) agents. Each report must state the number of 7(a) agents assisting loan applicants, broken down by type of agent, and the number of fraudulent loans made where the applicant used a 7(a) agent. It must state the rate at which the SBA purchased loans where an agent was used, and the number and dollar value of referral fees paid to agents, broken down by whether the applicant or the lender paid. Without naming individual agents, the report must analyze the risk created by agents responsible for at least 1 percent of the dollar value or number of agent-assisted loans. It must also analyze interest rates on agent-assisted loans and describe how the SBA communicates with agents. A 7(a) agent is defined as a person who provides covered services, meaning help completing a 7(a) loan application or consulting, broker, or referral services for such a loan.
Each stop is a step the bill’s own record states, with the date it happened. A ring is a step not yet taken. A bill becomes law when the President signs it or Congress overrides a veto.
At least 2 organizations named this measure in a lobbying filing. A floor, not a total: they were counted by the client name on 8 quarterly reports filed by 2 organizations lobbying for themselves in 2025 Q1, 2025 Q2, 2025 Q3, 2025 Q4, 2026 Q1, 2026 Q2 and 2026 Q3. An organization that lobbied this measure without naming it is not counted here.
The filings record that lobbying was reported on the measure. The form has no per-bill dollar figure and no field for a position, so nothing here says how much was spent or which side an organization took.
The organizations named: National Association of Government Guaranteed Lenders Inc; National Small Business Association. Listed as filed. They are every client name on the filings counted here.
From the LD-2 quarterly lobbying filings published at lda.gov by the Senate Office of Public Records. Read for 2025 Q1, 2025 Q2, 2025 Q3, 2025 Q4, 2026 Q1, 2026 Q2 and 2026 Q3. Our copy holds 24 fewer filings for 2025 Q1, 39 fewer filings for 2025 Q2, 42 fewer filings for 2025 Q3, 33 fewer filings for 2025 Q4, 28 fewer filings for 2026 Q1, 48 fewer filings for 2026 Q2 and 218 fewer filings for 2026 Q3 than the Senate's register counts, so those quarters are the filings we could read rather than every one filed. 2026 Q4 is still inside its filing window, so that quarter is only the filings posted so far.
Congress.gov bill status and cosponsor records; the House Clerk and Senate roll calls; lobbying reports filed under the Lobbying Disclosure Act (lda.gov); the plain summary and provisions are read from the bill text, each with its section.