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Small Business Lending Fraud Prevention Act
3/5/2026, 10:06 PM
Summary of Bill HR 7401
The bill "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" was introduced in the 119th Congress as H.R. 7401 on February 5, 2026.
Read the Full Bill
Current Status of Bill HR 7401
Bill HR 7401 is currently in the status of Bill Introduced since February 5, 2026. Bill HR 7401 was introduced during Congress 119 and was introduced to the House on February 5, 2026.  Bill HR 7401's most recent activity was Placed on the Union Calendar, Calendar No. 426. as of February 20, 2026
Bipartisan Support of Bill HR 7401
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
1Democrat Cosponsors
1Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 7401
Primary Policy Focus
CommerceAlternate Title(s) of Bill HR 7401
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.
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.
Comments
Declan Bowden
722
1 month ago
I support this bill, it will help stop bad stuff.
Mikayla Creech
642
29 days ago
So glad they finally passed this bill to crack down on small business lending fraud! About time they did something about it. But I wonder, what will the long term effects be on our economy? #HR7401 #SmallBusinessFraudPreventionAct
Liv Spivey
685
1 month ago
Seems like a good idea. Who does this help?
Sponsors and Cosponsors of HR 7401
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