Us Congress 2025-2026 Regular Session

Us Congress House Bill HB2966 Compare Versions

Only one version of the bill is available at this time.

Old	New	Differences
1	1	I
2	2	119THCONGRESS
3	3	1
4	4	STSESSION H. R. 2966
5	5	To require the Administrator of the Small Business Administration to require
6	6	an applicant for certain loans of the Administration to provide certain
7	7	citizenship status documentation, and for other purposes.
8	8	IN THE HOUSE OF REPRESENTATIVES
9	9	APRIL17, 2025
10	10	Ms. V
11	11	ANDUYNE(for herself and Mr. CLOUD) introduced the following bill;
12	12	which was referred to the Committee on Small Business
13	13	A BILL
14	14	To require the Administrator of the Small Business Adminis-
15	15	tration to require an applicant for certain loans of the
16	16	Administration to provide certain citizenship status docu-
17	17	mentation, and for other purposes.
18	18	Be it enacted by the Senate and House of Representa-1
19	19	tives of the United States of America in Congress assembled, 2
20	20	SECTION 1. SHORT TITLE. 3
21	21	This Act may be cited as the ‘‘American Entre-4
22	22	preneurs First Act’’. 5
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25	25	•HR 2966 IH
26	26	SEC. 2. REQUIREMENTS FOR CITIZENSHIP STATUS DOCU-1
27	27	MENTATION FOR CERTAIN LOAN PROGRAMS 2
28	28	OF THE SMALL BUSINESS ADMINISTRATION. 3
29	29	(a) I
30	30	NGENERAL.—The Administrator of the Small 4
31	31	Business Administration shall ensure that any application 5
32	32	for a loan submitted under section 7(a) of the Small Busi-6
33	33	ness Act (15 U.S.C. 636(a)) or title V of the Small Busi-7
34	34	ness Investment Act of 1958 (15 U.S.C. 695 et seq.) in-8
35	35	cludes the following information: 9
36	36	(1) The date of birth for each individual appli-10
37	37	cant for such loan or for each individual owner of 11
38	38	an applicant concern. 12
39	39	(2) Certification that— 13
40	40	(A) an individual applicant for such loan is 14
41	41	a citizen of the United States, a national of the 15
42	42	United States, or a lawful permanent resident 16
43	43	of the United States; or 17
44	44	(B) an applicant concern for such loan or 18
45	45	a guarantor for such loan is 100 percent bene-19
46	46	ficially owned by individuals who are either citi-20
47	47	zens of the United States, nationals of the 21
48	48	United States, or lawful permanent residents of 22
49	49	the United States. 23
50	50	(3) Certification that no direct or indirect 24
51	51	owner of an applicant concern for such loan is an in-25
52	52	eligible person. 26
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55	55	•HR 2966 IH
56	56	(4) Documentation of the alien registration 1
57	57	number of any lawful permanent resident who is— 2
58	58	(A) an individual applicant for such loan; 3
59	59	or 4
60	60	(B) an owner of an applicant concern. 5
61	61	(b) P
62	62	ROHIBITION.—An applicant for a loan under 6
63	63	section 7(a) of the Small Business Act (15 U.S.C. 636(a)) 7
64	64	or title V of the Small Business Investment Act of 1958 8
65	65	(15 U.S.C. 695 et seq.) is ineligible for such loan if— 9
66	66	(1) the applicant submits the application for 10
67	67	such loan after the date of the enactment of this Act 11
68	68	and such application does not contain the informa-12
69	69	tion required under subsection (a); 13
70	70	(2) in the case such applicant is an applicant 14
71	71	concern, any direct or indirect owner of such appli-15
72	72	cant concern is an ineligible person; or 16
73	73	(3) in the case such applicant is an individual 17
74	74	applicant, such applicant is an ineligible person. 18
75	75	(c) I
76	76	NELIGIBLEPERSONDEFINED.—In this Act, the 19
77	77	term ‘‘ineligible person’’ means— 20
78	78	(1) an asylee; 21
79	79	(2) a refugee; 22
80	80	(3) an individual issued a visa to remain in the 23
81	81	United States; 24
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84	84	•HR 2966 IH
85	85	(4) an alien classified as a nonimmigrant under 1
86	86	any subparagraph of section 101(a)(15) of the Im-2
87	87	migration and Nationality Act (8 U.S.C. 3
88	88	1101(a)(15)); 4
89	89	(5) an alien to whom deferred action has been 5
90	90	granted pursuant to the Deferred Action for Child-6
91	91	hood Arrivals policy announced by the Secretary of 7
92	92	Homeland Security on June 15, 2012; or 8
93	93	(6) an alien present in the United States with-9
94	94	out lawful status under the immigration laws (as 10
95	95	such term is defined in section 101(a) of the Immi-11
96	96	gration and Nationality Act (8 U.S.C. 1101(a))). 12
97	97	Æ
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