Govoptes

HR 2966 · American Entrepreneurs First Act of 2025

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

Introduced
Apr 17, 2025
Latest action
Jun 9, 2025
Sponsor
Rep. Beth Van Duyne [R-TX-24]
Policy area
Commerce
Cosponsors
1

Summary

American Entrepreneurs First Act This bill revises the application requirements for the Small Business Administration's 7(a) loan and 504 loan programs. Specifically, the bill requires applications for such loans to include (1) the applicant's date of birth; and (2) a certification that the applicant or all beneficial owners are citizens, nationals, or lawful permanent residents of the United States. The bill specifies that certain individuals are ineligible for such loans, including (1) asylees, (2) refugees, (3) individuals issued a visa to remain in the United States, (4) individuals legally classified as nonimmigrants, (5) individuals to whom deferred action has been granted pursuant to the Deferred Action for Childhood Arrivals, and (6) individuals without lawful status under the immigration laws of the United States.

Recent actions

  1. Jun 9, 2025 Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
  2. Jun 6, 2025 Motion to reconsider laid on the table Agreed to without objection.
  3. Jun 6, 2025 On passage Passed by the Yeas and Nays: 217 - 190 (Roll no. 156). (text: CR H2510-2511)
  4. Jun 6, 2025 Passed/agreed to in House: On passage Passed by the Yeas and Nays: 217 - 190 (Roll no. 156).
  5. Jun 6, 2025 The previous question was ordered pursuant to the rule.
  6. Jun 6, 2025 DEBATE - The House proceeded with one hour of debate on H.R. 2966.
  7. Jun 6, 2025 Rule provides for consideration of H.R. 2483, H.R. 2931, H.R. 2966 and H.R. 2987. The resolution provides for consideration of H.R. 2483 under a structured rule and for consideration of H.R. 2931, H.R. 2966, and H.R. 2987 under a closed rule. The resolution provides for one hour of debate and one motion to recommit on each bill.
  8. Jun 6, 2025 Considered under the provisions of rule H. Res. 458. (consideration: CR H2510-2515)

Votes

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