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119th Congress Commerce

H.R. 7401: Small Business Lending Fraud Prevention Act

Passed HouseJun 24, 2026

  1. Introduced (completed)Feb 5, 2026
  2. Passed House (completed)Jun 24, 2026, 415–0
  3. Passed Senate (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Reported to House, Feb 20, 2026

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).

Read the full summary

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

Written by the Congressional Research Service, Library of Congress.

Key votes

House final vote, Jun 24, 2026

On Motion to Suspend the Rules and Pass

Passed 415–0

Yea 415two-thirds 277Nay 0

  • Democrats205 yea, 0 nay
  • Republicans209 yea, 0 nay
  • Independents1 yea, 0 nay
See how all 416 members voted

Showing 431 of 431 members

Yea 415

Republicans (209)

Democrats (205)

Independents (1)

Present 1

Republicans (1)

Not voting 15

Senate

Not yet voted

Passed the House Jun 24, 2026. Awaiting Senate action.

Roll calls

1 vote on this bill

Showing 1 of 1 roll calls

  • Jun 24, 2026HouseOn Motion to Suspend the Rules and PassFinal passagePassed, yea-nay 415–0
    Roll call 225 tally by party
    PartyYeaNayPresentNot voting
    Democrats205007
    Republicans209018
    Independents1000
    Total4150115

    House roll call 225: On Motion to Suspend the Rules and Pass. Passed.

    How each member voted (431)

Amendments

0 offered

No amendments were offered to this bill.

Cosponsors

1

Bipartisan support.

Who scored on this bill

72 points earned
  1. 1Daniel Meuser R-PA SponsorDrew cross-party cosponsors, introduced, marked up, reported, passed House5 events+68
  2. 2Maggie Goodlander D-NHCosponsored; cosponsored bill passed2 events+4
See all scorers and every scoring event

Introductions and cosponsorships count toward weekly caps and show no points.

Other bills by Daniel Meuser

History

  1. Jun 24, 2026Passed the House, 415–0.
  2. Feb 5, 2026Introduced in the House by Daniel Meuser.
Show the full action history (17 actions)
  1. Jul 13, 2026Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
  2. Jun 24, 2026Considered as unfinished business. (consideration: CR H4226-4227)
  3. Jun 24, 2026Considered as unfinished business.
  4. 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).
  5. Jun 24, 2026On 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).
  6. Jun 24, 2026Motion to reconsider laid on the table Agreed to without objection.
  7. Jun 23, 2026Considered under suspension of the rules. (consideration: CR H4140-4141; text: CR H4140)
  8. Jun 23, 2026Mr. Williams (TX) moved to suspend the rules and pass the bill.
  9. Jun 23, 2026Considered under suspension of the rules.
  10. Jun 23, 2026DEBATE - The House proceeded with forty minutes of debate on H.R. 7401.
  11. Jun 23, 2026At 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.
  12. Feb 20, 2026Reported by the Committee on Small Business. H. Rept. 119-500.
  13. Feb 20, 2026Placed on the Union Calendar, Calendar No. 426.
  14. Feb 11, 2026Committee Consideration and Mark-up Session Held
  15. Feb 11, 2026Ordered to be Reported by the Yeas and Nays: 24 - 0.
  16. Feb 5, 2026Introduced in House
  17. Feb 5, 2026Referred to the House Committee on Small Business.