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Bill · 119th Congress · HR 825
Assisting Small Businesses Not Fraudsters Act
Refreshed 3 h ago
Introduced 2025-01-28Topic: economy jobsSummary
Summary by the Congressional Research ServiceAssisting Small Businesses Not Fraudsters Act This bill prohibits individuals convicted of certain financial crimes from receiving assistance from the Small Business Administration (SBA). Specifically, the bill prohibits individuals who have been convicted of a crime involving financial misconduct or a false statement with respect to certain COVID-19 loans (e.g., Paycheck Protection Program loans, Restaurant Revitalization Fund grants, and Shuttered Venue Operators grants) from receiving any financial assistance from the SBA (other than a disaster loan). The prohibition includes SBA assistance to small businesses that have an owner, officer, director, or key employee who has been convicted of such a crime.
Sponsors
- Roger Williams Republican sponsor
- 3 cosponsors
Recorded votes
| Date | Chamber | Question | Result | Yeas | Nays |
|---|---|---|---|---|---|
| 2025-02-24 | House roll 43 | On Motion to Suspend the Rules and Pass | Passed | 405 | 0 |
Action history
| Date | Chamber | Action | Status effect |
|---|---|---|---|
| 2025-02-25 | Senate | Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship. | refer |
| 2025-02-24 | House | Motion to reconsider laid on the table Agreed to without objection. | |
| 2025-02-24 | House | On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 405 - 0 (Roll no. 43). (text: CR H737) | |
| 2025-02-24 | Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 405 - 0 (Roll no. 43). (text: CR H737) | floor pass | |
| 2025-02-24 | House | Considered as unfinished business. (consideration: CR H748) | |
| 2025-02-24 | House | At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed. | |
| 2025-02-24 | House | DEBATE - The House proceeded with forty minutes of debate on H.R. 825. | |
| 2025-02-24 | House | Considered under suspension of the rules. (consideration: CR H737-739) | |
| 2025-02-24 | House | Mr. Williams (TX) moved to suspend the rules and pass the bill. | |
| 2025-01-28 | House | Referred to the House Committee on Small Business. | refer |
| 2025-01-28 | Introduced in House | introduce | |
| 2025-01-28 | Introduced in House | introduce |