HR. 7401Introduced
Small Business Lending Fraud Prevention Act
Requires written conflict of interest certifications from Small Business Administration employees involved in SBA loan origination review or approval and directs implementing regulations
Plain-English overview
What this bill does
Requires written conflict of interest certifications from Small Business Administration employees involved in SBA loan origination review or approval and directs implementing regulations
Key points
- Require employee certifications
- Require conflict disclosures
- Direct SBA regulations
Current status
Where it stands
Status
Introduced
Latest action
2026-06-24 — Motion to reconsider laid on the table Agreed to without objection.
Related context
Topics and policy areas
undefinedAdministrative law and regulatory proceduresCommerceGovernment employee pay, benefits, personnel managementGovernment ethics and transparency, public corruptionSmall Business Administration