H.R. 825 Passed the House Commerce

Assisting Small Businesses Not Fraudsters Act

To prohibit individuals convicted of defrauding the Government from receiving any assistance from the Small Business Administration, and for other purposes.

  1. Introduced
  2. Committee
  3. Passed House
  4. Passed Senate
  5. To President
  6. Became law
Sponsor Rep. Williams, Roger [R-TX-25] Introduced January 28, 2025 Cosponsors 3 (3 D) Latest action February 25, 2025

Summary

Assisting 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.

Summary by the Congressional Research Service, Library of Congress.

Congress.gov

Roll-call votes

Actions

  1. Feb 25, 2025 Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
  2. Feb 24, 2025 Motion to reconsider laid on the table Agreed to without objection.
  3. Feb 24, 2025 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)
  4. Feb 24, 2025 Considered as unfinished business. (consideration: CR H748)
  5. Feb 24, 2025 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.
  6. Feb 24, 2025 DEBATE - The House proceeded with forty minutes of debate on H.R. 825.
  7. Feb 24, 2025 Considered under suspension of the rules. (consideration: CR H737-739)
  8. Feb 24, 2025 Mr. Williams (TX) moved to suspend the rules and pass the bill.
  9. Jan 28, 2025 Referred to the House Committee on Small Business.
  10. Jan 28, 2025 Introduced in House

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