HR 5788 ยท 504 Program Risk Oversight Act
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
- Introduced
- Oct 17, 2025
- Latest action
- Jan 26, 2026
- Sponsor
- Rep. Derek Tran [D-CA-45]
- Policy area
- Commerce
- Cosponsors
- 3
Summary
504 Program Risk Oversight Act This bill requires the Small Business Administration (SBA) to annually conduct a risk analysis of all loans guaranteed under the 504 loan program. The 504 loan program provides long-term, fixed-rate financing to qualifying small businesses for major fixed assets, such as land, buildings, equipment, and machinery. The SBA must annually report the results of the risk analysis for each preceding fiscal year, including the steps taken by the SBA to mitigate the risks identified in the analysis.
Recent actions
- Jan 26, 2026 Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
- Jan 20, 2026 Motion to reconsider laid on the table Agreed to without objection.
- Jan 20, 2026 On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H933)
- Jan 20, 2026 Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H933)
- Jan 20, 2026 DEBATE - The House proceeded with forty minutes of debate on H.R. 5788.
- Jan 20, 2026 Considered under suspension of the rules. (consideration: CR H932-934)
- Jan 20, 2026 Mr. Williams (TX) moved to suspend the rules and pass the bill.
- Dec 12, 2025 Placed on the Union Calendar, Calendar No. 352.
Votes
No recorded votes are available for this bill.