Bill would bar pandemic relief fraudsters from SBA loans
Passed one chamberH.R. 825Latest action
Sponsor: Roger Williams · Representative · TX
AIDecoded by AI · checked against the recordRead the official text
Official title: Assisting Small Businesses Not Fraudsters Act
119th Congress
Topics: Jobs & the economy
Introduced:
Read the official bill on Congress.govIn plain words
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People convicted of pandemic relief fraud would be banned from most future SBA financial assistance.
35-second read · 4 questions answered below
What does this do?
The "Assisting Small Businesses Not Fraudsters Act" would block people convicted of fraud or false statements tied to COVID-19 relief programs, like PPP loans and pandemic disaster loans or grants, from getting most SBA financial help. Businesses linked to such a person would also become ineligible while that person remains involved. An exception preserves access to certain disaster loans, and the rule would not affect existing government contracts.
Who does it affect?
Affects small business owners, officers, directors, major shareholders, or key employees convicted of pandemic relief fraud, and the businesses connected to them.
Why does it matter?
The measure aims to stop individuals found guilty of defrauding pandemic relief programs from continuing to access government-backed financial support.
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Where does it stand?
- IntroducedJan 28, 2025
- House committee
- House vote
- SenateYou are here · Feb 25, 2025
- The president's desk
Right now: it passed the House, and the official record shows nothing new since. If the Senate changes it, it goes back to the House before reaching the president.
Latest action: — Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Recorded votes
Roll-call votes recorded since January 3, 2025.
House · · Roll call 43
As recorded
- Question
- On Motion to and Pass
- Result:
- Passed
- 405
- Nay
- 0
- 0
- 27
Republicans 205 yes, 12 not voting · Democrats 200 yes, 15 not voting
Official recordHow members voted
The official record lists how each member voted.Official record