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Bill · 119th Congress · HR 5788
504 Program Risk Oversight Act
Refreshed 4 h ago
Introduced 2025-10-17Topic: economy jobs · governance ethics · budgetSummary
Summary by the Congressional Research Service504 Program Risk Oversight Act This bill requires the Small Business Administration (SBA) to annually conduct a risk analysis of all loans guaranteed under the 504 loan program. The 504 loan program provides long-term, fixed-rate financing to qualifying small businesses for major fixed assets, such as land, buildings, equipment, and machinery. The SBA must annually report the results of the risk analysis for each preceding fiscal year, including the steps taken by the SBA to mitigate the risks identified in the analysis.
Sponsors
- Derek Tran Democrat sponsor
- 3 cosponsors
Action history
| Date | Chamber | Action | Status effect |
|---|---|---|---|
| 2026-01-26 | Senate | Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship. | refer |
| 2026-01-20 | House | Motion to reconsider laid on the table Agreed to without objection. | |
| 2026-01-20 | House | On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H933) | |
| 2026-01-20 | Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H933) | floor pass | |
| 2026-01-20 | House | DEBATE - The House proceeded with forty minutes of debate on H.R. 5788. | |
| 2026-01-20 | House | Considered under suspension of the rules. (consideration: CR H932-934) | |
| 2026-01-20 | House | Mr. Williams (TX) moved to suspend the rules and pass the bill. | |
| 2025-12-12 | House | Placed on the Union Calendar, Calendar No. 352. | |
| 2025-12-12 | House | Reported by the Committee on Small Business. H. Rept. 119-404. | report |
| 2025-12-12 | Reported by the Committee on Small Business. H. Rept. 119-404. | report | |
| 2025-11-18 | House | Ordered to be Reported by the Yeas and Nays: 27 - 0. | refer |
| 2025-11-18 | House | Committee Consideration and Mark-up Session Held | refer |
| 2025-10-17 | House | Referred to the House Committee on Small Business. | refer |
| 2025-10-17 | Introduced in House | introduce | |
| 2025-10-17 | Introduced in House | introduce |