House Bill 5427 - To prohibit individuals convicted of defrauding the Government from receiving any assistance from the Small Business Administration, and for other purposes.

Purpose and Summary

Chamber: House

Introduced date: 2023-09-13

Recent Activity

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

Alternative Names

To prohibit individuals convicted of defrauding the Government from receiving any assistance from the Small Business Administration, and for other purposes.

To prohibit individuals convicted of defrauding the Government from receiving any assistance from the Small Business Administration, and for other purposes.

Associated Legislation

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Policy Areas

Commerce

Potential Impact

Credit and credit markets

Criminal investigation, prosecution, interrogation

Fraud offenses and financial crimes

Government lending and loan guarantees

Small business

Sponsors and Supporters

Rep. Williams, Roger [R-TX-25]

Cosponsors and Supporters

Rep. Mfume, Kweisi [D-MD-7]

Rep. Bean, Aaron [R-FL-4]

Committees and Subcommittees

Small Business and Entrepreneurship Committee

Small Business Committee

Variations and Revisions

To prohibit individuals convicted of defrauding the Government from receiving any assistance from the Small Business Administration, and for other purposes.

12/15/2023, 11:00 PM

This bill prohibits individuals convicted of certain financial crimes from receiving assistance from the Small Business Administration (SBA).

Specifically, the bill prohibits individuals who have been convicted of a crime involving financi...

Congress
118

Number
HR - 5427

Introduced on
2023-09-13

# Amendments
0

Sponsors
+5

Cosponsors
+5

Variations and Revisions

11/29/2023

Status of Legislation

Bill Introduced
Introduced to House
Passed in House
Introduced to Senate
Senate to Vote

Purpose and Summary

This bill prohibits individuals convicted of certain financial crimes from receiving assistance from the Small Business Administration (SBA).

Specifically, the bill prohibits individuals who have been convicted of a crime involving financi...

Alternative Names
Official Title as IntroducedTo prohibit individuals convicted of defrauding the Government from receiving any assistance from the Small Business Administration, and for other purposes.

Policy Areas
Commerce

Potential Impact
Credit and credit markets•
Criminal investigation, prosecution, interrogation•
Fraud offenses and financial crimes•
Government lending and loan guarantees•
Small business

Comments

Recent Activity

Latest Summary12/15/2023

This bill prohibits individuals convicted of certain financial crimes from receiving assistance from the Small Business Administration (SBA).

Specifically, the bill prohibits individuals who have been convicted of a crime involving financi...


Latest Action11/29/2023
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.