HR. 2966In Committee
American Entrepreneurs First Act of 2025
Plain-English overview
What this bill does
Revise Small Business Administration 7(a) and 504 loan eligibility by requiring citizenship and immigration status certifications and excluding several noncitizen categories from receiving loans
Key points
- Require borrower citizenship certification
- Require applicant date of birth
- Prohibit loans for specified noncitizens
Current status
Where it stands
Status
In Committee
Latest action
2025-06-09 — Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Related context
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Discovery signals
About these signals
Impact and Momentum are relative discovery aids calculated by Legislation Lemur. They help you scan the congressional record; they are not predictions, endorsements, ideological ratings, or measures of policy importance.
Impact ScoreOverall observed legislative footprint and accumulated activity.
MomentumHow recently active or changing the bill appears in available data.