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Bill · 119th Congress · HR 2966

American Entrepreneurs First Act of 2025

Refreshed 5 h ago

Introduced 2025-04-17Topic: economy jobs

Summary

Summary by the Congressional Research Service

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.

Full text and official record on Congress.gov

Sponsors

Recorded votes

DateChamberQuestionResultYeasNays
2025-06-06House roll 156On PassagePassed217190

Action history

DateChamberActionStatus effect
2025-06-09SenateReceived in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.refer
2025-06-06HouseMotion to reconsider laid on the table Agreed to without objection.
2025-06-06HouseOn passage Passed by the Yeas and Nays: 217 - 190 (Roll no. 156). (text: CR H2510-2511)
2025-06-06Passed/agreed to in House: On passage Passed by the Yeas and Nays: 217 - 190 (Roll no. 156).floor pass
2025-06-06HouseThe previous question was ordered pursuant to the rule.
2025-06-06HouseDEBATE - The House proceeded with one hour of debate on H.R. 2966.
2025-06-06HouseRule 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.
2025-06-06HouseConsidered under the provisions of rule H. Res. 458. (consideration: CR H2510-2515)
2025-06-03HouseRules Committee Resolution H. Res. 458 Reported to House. 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.
2025-05-21HousePlaced on the Union Calendar, Calendar No. 83.
2025-05-21HouseReported (Amended) by the Committee on Small Business. H. Rept. 119-112.report
2025-05-21Reported (Amended) by the Committee on Small Business. H. Rept. 119-112.report
2025-04-30HouseOrdered to be Reported (Amended) by the Yeas and Nays: 15 - 11.refer
2025-04-30HouseCommittee Consideration and Mark-up Session Heldrefer
2025-04-17HouseReferred to the House Committee on Small Business.refer
2025-04-17Introduced in Houseintroduce
2025-04-17Introduced in Houseintroduce
Source: GovInfo Bill Status (Library of Congress), fetched 2026-09-11. Provisions and opinion polling arrive in a later release.