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A bill to prohibit the Administrator of the Small Business Administration from directly making loans under the 7(a) loan program, and for other purposes.

7/30/2025, 12:44 PM

Summary of Bill S 2486

A bill introduced in the 119th Congress and numbered S. 2486 aims to prevent the Administrator of the Small Business Administration from directly issuing loans under the 7(a) loan program, and includes additional provisions for other purposes.

Current Status of Bill S 2486

Bill S 2486 is currently in the status of Bill Introduced since July 28, 2025. Bill S 2486 was introduced during Congress 119 and was introduced to the Senate on July 28, 2025.  Bill S 2486's most recent activity was Read twice and referred to the Committee on Small Business and Entrepreneurship. as of July 28, 2025

Bipartisan Support of Bill S 2486

Total Number of Sponsors
2
Democrat Sponsors
0
Republican Sponsors
2
Unaffiliated Sponsors
0
Total Number of Cosponsors
8
Democrat Cosponsors
0
Republican Cosponsors
8
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 2486

Primary Policy Focus

Alternate Title(s) of Bill S 2486

A bill to prohibit the Administrator of the Small Business Administration from directly making loans under the 7(a) loan program, and for other purposes.
A bill to prohibit the Administrator of the Small Business Administration from directly making loans under the 7(a) loan program, and for other purposes.

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