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HR 1804 · in committee · major

7(a) Loan Agent Oversight Act

What this bill does

  • The SBA must publish yearly reports on loan agents who help small businesses apply for federal loans.
  • Small business owners and loan agents in the SBA's 7(a) lending program are affected.
  • The reports will track fraud cases, loan success rates, and fees paid to agents with no new funding required.

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Community Threads

Started by Cosponsor

  1. 01

    How might publishing yearly reports on loan agents' fraud cases and fees affect small business owners' ability to choose reliable agents?

  2. 02

    What trade-offs exist between transparency through agent reporting and the potential cost burden on loan agents operating in the 7(a) program?

  3. 03

    What specific metrics in these reports would best help identify whether loan agents are serving borrowers fairly versus prioritizing their own fees?

Cosponsor writes these to seed civic discussion — they aren't user posts. Sign in to reply.

Sponsor · R-PA-9

Daniel Meuser

Citizen cosponsors

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In Congress

1/ 435

House Reps cosponsoring

Introduced 2025-06-04

Joining the bill

Legislative timeline

  1. 2025-06-04 · senate · IntroReferral

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

  2. 2025-06-03 · house · Floor

    Motion to reconsider laid on the table Agreed to without objection.

  3. 2025-06-03 · house · Floor

    On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 405 - 3 (Roll no. 147). (text: CR H2398)

  4. 2025-06-03 · Floor

    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): 405 - 3 (Roll no. 147). (text: CR H2398)

  5. 2025-06-03 · house · Floor

    Considered as unfinished business. (consideration: CR H2403-2404)

  6. 2025-06-03 · house · Floor

    At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.

  7. 2025-06-03 · house · Floor

    DEBATE - The House proceeded with forty minutes of debate on H.R. 1804.

  8. 2025-06-03 · house · Floor

    Considered under suspension of the rules. (consideration: CR H2398-2399)

  9. 2025-06-03 · house · Floor

    Mr. Williams (TX) moved to suspend the rules and pass the bill.

  10. 2025-03-24 · house · Calendars

    Placed on the Union Calendar, Calendar No. 22.

  11. 2025-03-24 · house · Committee

    Reported by the Committee on Small Business. H. Rept. 119-33.

  12. 2025-03-24 · Committee

    Reported by the Committee on Small Business. H. Rept. 119-33.

  13. 2025-03-05 · house · Committee

    Ordered to be Reported by the Yeas and Nays: 25 - 0.

  14. 2025-03-05 · house · Committee

    Committee Consideration and Mark-up Session Held

  15. 2025-03-03 · house · IntroReferral

    Referred to the House Committee on Small Business.

  16. 2025-03-03 · IntroReferral

    Introduced in House

  17. 2025-03-03 · IntroReferral

    Introduced in House

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