H.R. 7401 · 119th Congress · Commerce
Small Business Lending Fraud Prevention Act
How the House voted
Yea from the left, nay from the right, each side by party
House · Jun 24, 2026
Roll call ↗415
0
Passed the House.
Passed the House on June 24, 2026.
Latest action: Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship
- IntroducedFeb 5, 2026
- CommitteeFeb 20, 2026
- Passed HouseJun 24, 2026
- Passed Senate
- Became law
On the record
- Cosponsors
- 1
- all Democrat
- Committees
- Senate Committee on Small Business and EntrepreneurshipHouse Committee on Small Business
- Lobbying
- None read
- No filing read so far names H.R. 7401
What it does
This bill makes Small Business Administration employees sign a conflict-of-interest certification before they touch an SBA loan.
How each member voted
The House roll call, passed the House, June 24, 2026
Yea unless marked
D · House · NC-12
R · House · AL-4
D · House · CA-33
R · House · MO-4
R · House · GA-12
This bill makes Small Business Administration employees sign a conflict-of-interest certification before they touch an SBA loan. Any employee who will personally and substantially participate in originating, reviewing, or approving an SBA loan must certify in writing, before participating, that they have no conflict of interest prohibited under 18 U.S.C. 208 or 5 C.F.R. 2635.502. In that certification the employee must also promise to disclose and recuse if they learn of such a conflict later, and attest that they understand the applicable conflict-of-interest rules. The requirement begins 270 days after enactment. The Administrator must issue implementing regulations within 180 days of enactment. The bill adds no new penalty for a false certification or for failing to certify; it creates the attestation duty and leaves existing conflict-of-interest law in place.
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.
No organization named this measure in a lobbying filing we could read with confidence. That is not a finding that nobody lobbied it. The disclosure form takes a free text description of the issue, and a reference that could not be pinned to exactly one measure is refused rather than guessed.
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.