S. 3980 Introduced Finance and Financial Sector

Federal Loan Systems Modernization Act of 2026

A bill to authorize the creation of a "Lending.gov" as a shared services platform to provide a single source of access to loans provided by Federal agencies, and modern technology to support effective management of Federal credit programs, in order to reduce costs, prevent fraud, increase the speed of origination, improve transparency, improve access and customer experience, and for other purposes.

  1. Introduced
  2. Committee
  3. Passed Senate
  4. Passed House
  5. To President
  6. Became law
Sponsor Sen. Blackburn, Marsha [R-TN] Introduced March 4, 2026 Cosponsors 1 (1 D) Latest action March 4, 2026

Summary

The Congressional Research Service has not published a summary of this bill yet.

Congress.gov

Actions

  1. Mar 4, 2026 Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
  2. Mar 4, 2026 Introduced in Senate

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