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.
Action Date | Type | Text | Source |
---|---|---|---|
2025-06-09 | IntroReferral | Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship. | Senate |
2025-06-06 | Floor | Motion to reconsider laid on the table Agreed to without objection. | House floor actions |
2025-06-06 | Vote | On passage Passed by the Yeas and Nays: 217 - 190 (Roll no. 156). (text: CR H2510-2511) | House floor actions |
2025-06-06 | Floor | The previous question was ordered pursuant to the rule. | House floor actions |
2025-06-06 | Floor | DEBATE - The House proceeded with one hour of debate on H.R. 2966. | House floor actions |
2025-06-06 | Floor | 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. | House floor actions |
2025-06-06 | Floor | Considered under the provisions of rule H. Res. 458. (consideration: CR H2510-2515) | House floor actions |
2025-06-03 | Floor | Rules 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. | House floor actions |
2025-05-21 | Calendars | Placed on the Union Calendar, Calendar No. 83. | House floor actions |
2025-05-21 | Committee | Reported (Amended) by the Committee on Small Business. H. Rept. 119-112. | House floor actions |
2025-04-30 | Committee | Ordered to be Reported (Amended) by the Yeas and Nays: 15 - 11. | House committee actions |
2025-04-30 | Committee | Committee Consideration and Mark-up Session Held | House committee actions |
2025-04-17 | IntroReferral | Referred to the House Committee on Small Business. | House floor actions |
2025-04-17 | IntroReferral | Introduced in House | Library of Congress |