US Federal 2025-2026 Regular Session

US Federal House Bill HB825

Introduced
1/28/25  
Refer
1/28/25  

Caption

Assisting Small Businesses Not Fraudsters ActThis 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.

Congress_id

119-HR-825

Policy_area

Commerce

Introduced_date

2025-01-28

Companion Bills

US SB1047

Related bill Assisting Small Businesses Not Fraudsters Act

Previously Filed As

US A4834

Requires businesses receiving financial assistance from EDA be prohibited from any gender gap payment practice to their employees.

US SB6167

Prohibiting homebuyers from receiving multiple state-funded down payment assistance loans or grants.

US SF4389

Persons convicted of a crime of violence prohibition from receiving MFIP, medical assistance, economic assistance and food support, and MinnesotaCare

US SB148

Prohibiting those convicted of murder from financially profiting from the death of the victim.

US HB2153

Prohibiting homebuyers from receiving multiple state-funded down payment assistance loans or grants.

US HB2350

Relating to financial assistance to small businesses; prescribing an effective date.

US SB1047

Assisting Small Businesses Not Fraudsters Act

US AB124

Prohibiting persons who have been convicted of a violent crime from changing their name and providing a penalty.

US SB146

Prohibiting persons who have been convicted of a violent crime from changing their name and providing a penalty.

US A02055

Relates to financial assistance to small businesses for the purpose of pollution prevention, control and compliance.

Similar Bills

No similar bills found.