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.

Full bill text →

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Federal level0State or local level0Markets/private0Unconstitutional0

SubjectsAdministrative law and regulatory proceduresGovernment employee pay, benefits, personnel managementGovernment ethics and transparency, public corruptionSmall Business Administration

XML scalars

congress: 119
type: HR
number: 7401
originChamber: House
originChamberCode: H
introducedDate: 2026-02-05
updateDate: 2026-09-08T18:08:35Z
updateDateIncludingText: 2026-09-08T18:08:35Z
title: Small Business Lending Fraud Prevention Act
legislationUrl: https://www.congress.gov/bill/119th-congress/house-bill/7401

Constitutional authority statement (CDATA)

[Congressional Record Volume 172, Number 26 (Thursday, February 5, 2026)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. MEUSER:H.R. 7401.Congress has the power to enact this legislation pursuantto the following:Article 1 Section 8[Page H2041]

Pipeline

Track

federal_terminal

Stage

Final Outcome

Stage rank

Sponsor

Rep. Meuser, Daniel [R-PA-9] · [R-PA-9] · M001204
Rep-PA-9 current · 4 terms · @RepMeuser · 7 district offices

Sponsor record (congress_legislators)

Bio (legislators)

bioguide

M001204

status

current

official_full

Daniel Meuser

first

Daniel

middle

null

last

Meuser

suffix

null

nickname

null

birthday

1964-02-10

gender

Current term (4 total)

type

rep

state

district

class

null

party

Republican

caucus

null

start

2025-01-03

end

2027-01-03

end_type

null

how

null

url

https://meuser.house.gov

address

350 Cannon House Office Building Washington DC 20515-3809

office

350 Cannon House Office Building

phone

202-225-6511

fax

null

contact_form

null

rss_url

null

Leadership roles (0)

none

Committee memberships (6)

Contracting and Infrastructure (house) · house · rank 2
Economic Growth, Tax, and Capital Access (house) · house · rank 2
Financial Institutions (house) · house · rank 8
House Committee on Financial Services (house) · house · rank 16 · site
House Committee on Small Business (house) · house · rank 3 · site
Oversight and Investigations (house) · house · Chairman · rank 1

Social media

Twitter: @RepMeuser
Facebook: @RepMeuser

District offices (7)

121 Progress Ave, Suite 110, Losch Plaza, Pottsville, PA, 17901-2968 · 570-871-6370 · 40.68623,-76.19489
400 S 8th St, Lebanon County Courthouse, Lebanon, PA, 17042 · 717-603-1459 · 40.3329066,-76.42320509999999
330 Pine Street, 1st Floor, Executive Plaza, Williamsport, PA, 17701 · 570-202-0658 · 41.2412339,-77.0028713
1000 Market Street, Suite 39, Office of Rep. Robert Leadbeter, Market Street Plaza, Bloomsburg, PA, 17815 · 570-871-6370 · By appointment only · 40.9938097,-76.4526697
134 W Front Street, Suite 102, Office of Rep. Robert Leadbeter, Berwick, PA, 18603 · 570-871-6370 · By appointment only · 41.0539757,-76.2347432
511 Mile Road, Tunkhannock, PA, 18657 · 570-665-3083 · 41.558628,-75.953906
61 N 3rd St, 2nd floor, Hamburg Municipal Center, Hamburg, PA, 19526 · 610-428-0869 · 40.5564356,-75.984104

Other names (0)

none

Sponsor FEC record (fec_live)

Candidate record (candidates) · cycle 2026

candidate_id

H8PA10147

cycle

2026

name

MEUSER, DANIEL

party

REPUBLICAN PARTY

office

House

state

district

incumbent_challenge

Incumbent

candidate_status

active_through

2026

election_year

null

first_file_date

2007-10-09

last_file_date

2024-11-11

last_f2_date

2024-11-11

address

null

Candidate summary (candidate_summaries) · cycle 2026

cycle

2026

total_receipts

$1,903,077.51

total_disbursements

$1,765,991.01

cash_on_hand_end_period

$170,733.23

debts_owed_by_committee

$250,000.00

coverage_start_date

2025-01-01

coverage_end_date

2026-06-30

Connected committees (0)

none

Cosponsors (1)

Rep. Goodlander, Maggie [D-NH-2] · [D-NH-2] · G000604 · Co-sponsored 2026-02-05 · original
Dem-NH-2 current · 1 term · @RepGoodlander · 3 district offices

Committees (2)

Small Business and Entrepreneurship Committee [Senate Standing]
2026-07-13T20:50:27ZReferred To
Small Business Committee [House Standing]
2026-02-20T17:07:01ZReported By
2026-02-11T15:43:05ZMarkup By
2026-02-05T15:02:10ZReferred To

Actions — from XML (17)

2026-07-13IntroReferralvia Senate
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
2026-06-24 17:06:13FloorH38310via House floor actions
Motion to reconsider laid on the table Agreed to without objection.
2026-06-24 17:06:11FloorH37300via House floor actions
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).
VoteHouse roll 225 — source
2026-06-24 17:06:11Floor8000via Library of Congress
Passed/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).
VoteHouse roll 225 — source
2026-06-24 16:31:46FloorH30000via House floor actions
Considered as unfinished business. (consideration: CR H4226-4227)
2026-06-23 14:59:53FloorH37210via House floor actions
At 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.
2026-06-23 14:54:16FloorH8D000via House floor actions
DEBATE - The House proceeded with forty minutes of debate on H.R. 7401.
2026-06-23 14:54:15FloorH30000via House floor actions
Considered under suspension of the rules. (consideration: CR H4140-4141; text: CR H4140)
2026-06-23 14:54:12FloorH30300via House floor actions
Mr. Williams (TX) moved to suspend the rules and pass the bill.
2026-02-20CalendarsH12410via House floor actions
Placed on the Union Calendar, Calendar No. 426.
2026-02-20CommitteeH12200via House floor actions
Reported by the Committee on Small Business. H. Rept. 119-500.
2026-02-20Committee5000via Library of Congress
Reported by the Committee on Small Business. H. Rept. 119-500.
2026-02-11Committeevia House committee actions
Ordered to be Reported by the Yeas and Nays: 24 - 0.
2026-02-11Committeevia House committee actions
Committee Consideration and Mark-up Session Held
2026-02-05IntroReferralH11100via House floor actions
Referred to the House Committee on Small Business.
2026-02-05IntroReferralIntro-Hvia Library of Congress
Introduced in House
2026-02-05IntroReferral1000via Library of Congress
Introduced in House

Actions — from bill_actions table (0)

none

Titles

Short Titles from RFS (Referred to Senate) bill textRFSS2026-07-15T13:08:25Z
Small Business Lending Fraud Prevention Act
Short Title(s) as Passed HouseEHH2026-06-26T04:23:25Z
Small Business Lending Fraud Prevention Act
Official Titles from EH (Engrossed in House) bill textEHH2026-06-26T04:23:25Z
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.
Short Title(s) as Reported to HouseRHH2026-02-21T04:53:23Z
Small Business Lending Fraud Prevention Act
Display Title2026-02-07T05:08:22Z
Small Business Lending Fraud Prevention Act
Short Title(s) as IntroducedIH2026-02-07T05:08:21Z
Small Business Lending Fraud Prevention Act
Official Title as IntroducedIH2026-02-07T05:03:35Z
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.

Text versions (from XML)

Referred in Senate2026-07-13T04:00:00Z
https://www.govinfo.gov/content/pkg/BILLS-119hr7401rfs/xml/BILLS-119hr7401rfs.xml
Engrossed in House2026-06-24T04:00:00Z
https://www.govinfo.gov/content/pkg/BILLS-119hr7401eh/xml/BILLS-119hr7401eh.xml
Reported in House2026-02-20T05:00:00Z
https://www.govinfo.gov/content/pkg/BILLS-119hr7401rh/xml/BILLS-119hr7401rh.xml
Introduced in House2026-02-05T05:00:00Z
https://www.govinfo.gov/content/pkg/BILLS-119hr7401ih/xml/BILLS-119hr7401ih.xml

Versions — from bill_versions table (0)

none

Policy area

Commerce

Summaries

07 · 2026-02-20 · Reported to House

Small Business Lending Fraud Prevention Act

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.

Related bills

none

Amendments (0)

none

Laws

none

Committee reports

H. Rept. 119-500

Calendar number

null

CBO cost estimates

H.R. 7401, Small Business Lending Fraud Prevention Act2026-04-14T16:25:00Z
https://www.cbo.gov/publication/62337
As reported by the House Committee on Small Business on February 20, 2026

Latest action

Date

2026-07-13

Text

Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.

Time

null

Dublin Core

format

text/xml

language

rights

Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

contributor

Congressional Research Service, Library of Congress

description

This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.

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119

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7401

bill_slug

hr-7401-119

title

Small Business Lending Fraud Prevention Act

short_title

Small Business Lending Fraud Prevention Act

sponsor_bioguide_id

M001204

sponsor_name

Rep. Meuser, Daniel [R-PA-9]

sponsor_party

sponsor_state

introduced_date

2026-02-05

latest_action_date

2026-07-13

latest_action_text

Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.

status

Committee

policy_area

Commerce

subjects_json

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

govinfo_billstatus_path

BILLSTATUS-119hr7401

raw_billstatus_xml

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