Who it affects
- SBA employees starting, reviewing, or approving loans
- Small Business Administration
Passed the HouseSmall businessGovernment ethics
Small Business Lending Fraud Prevention Act
H.R. 7401 · House bill · Introduced Feb. 5, 2026
The Small Business Lending Fraud Prevention Act would require SBA employees starting, reviewing, or approving loans to certify in writing they have no conflicts of interest.
At a glance
Where it stands
Passed the House 415 to 0 on June 24.
How South Carolina voted
Lobbying and money
No lobbying reported yet
Lobbyists report every three months, about 20 days after each quarter ends. We have January 2025 through September 2026 reports. Newer reports will be added once filed and published.
What it would do
- Small Business Administration (SBA) employees would provide written certifications before starting, reviewing, or approving SBA loans.
- They would certify that they have no conflicts of interest involving the loan.
- They would promise to disclose any conflicts that arise after signing.
- They would certify that they understand the conflict-of-interest rules that apply to them.
- The SBA would issue rules to carry out these requirements.
Written with AI from the official summary by Congress's research office.
How South Carolina voted
House vote coverage is incomplete for 2025–2026. Vote and flagged-bill counts reflect imported records only; missing votes don't mean a member didn't vote.
House vote
Vote to pass
Fast-track vote that needs two-thirds
June 24, 2026 · Passed 415 to 0
- Republicans
- 209 yes
- 0 no
- Democrats
- 205 yes
- 0 no
- Independents
- 1 yes
- 0 no
Groups that lobbied on it and gave to SC's members
PAC, lobbyist campaign and qualifying employee money this election, shown separately and never added together. Lobbying reports name the bills a group worked on, not which side it took.
No lobbying reported yet. Lobbyists report every three months, about 20 days after each quarter ends. We have January 2025 through September 2026 reports. Newer reports will be added once filed and published.
Official record
Official title, sponsor and status
- 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.
- Sponsor
- Rep. Meuser, Daniel (R-PA)
- Introduced
- Feb. 5, 2026
- Cosponsors
- 1
- Committees
- Senate Small Business and Entrepreneurship Committee; House Small Business Committee
- Latest action
- July 13, 2026 · Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Official summary from the Congressional Research Service
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.
Summary on Congress.gov ↗Everyone who lobbied on this bill (0 groups)
No lobbying report we have loaded names this bill. That doesn't mean no lobbying took place.
Lobbyists report every three months, about 20 days after each quarter ends. We have January 2025 through September 2026 reports. Newer reports will be added once filed and published. Reports for October through December 2026 are due January 20, 2027.