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HR 825 · in committee · significant

Assisting Small Businesses Not Fraudsters Act

What this bill does

  • The bill bars people convicted of financial crimes related to COVID-19 loans from receiving SBA assistance.
  • Small business owners, officers, directors, and key employees with certain financial crime convictions are affected.
  • The ban applies immediately to all SBA assistance except disaster loans, with no sunset date specified.

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Community Threads

Started by Cosponsor

  1. 01

    How should policymakers balance preventing fraud in SBA lending against creating permanent barriers to economic participation for people with prior convictions?

  2. 02

    What evidence exists that individuals convicted of COVID-loan fraud pose a higher risk than other applicants, and should that differ by crime severity or time elapsed?

  3. 03

    If this ban excludes disaster loans, does that create an unintended loophole that undermines the bill's fraud-prevention goals?

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

Sponsor · R-TX-25

Roger Williams

Citizen cosponsors

0

In Congress

3/ 435

House Reps cosponsoring

Introduced 2025-02-25

Joining the bill

Legislative timeline

  1. 2025-02-25 · senate · IntroReferral

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

  2. 2025-02-24 · house · Floor

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

  3. 2025-02-24 · house · Floor

    On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 405 - 0 (Roll no. 43). (text: CR H737)

  4. 2025-02-24 · 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 - 0 (Roll no. 43). (text: CR H737)

  5. 2025-02-24 · house · Floor

    Considered as unfinished business. (consideration: CR H748)

  6. 2025-02-24 · 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. 2025-02-24 · house · Floor

    DEBATE - The House proceeded with forty minutes of debate on H.R. 825.

  8. 2025-02-24 · house · Floor

    Considered under suspension of the rules. (consideration: CR H737-739)

  9. 2025-02-24 · house · Floor

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

  10. 2025-01-28 · house · IntroReferral

    Referred to the House Committee on Small Business.

  11. 2025-01-28 · IntroReferral

    Introduced in House

  12. 2025-01-28 · IntroReferral

    Introduced in House

Congress.gov ↗

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