Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Small Business Administration relating to "Citizenship and Residency Requirements and Recission of Procedural Notice 5000-872050" and "Revised Applicant Ownership, Citizenship, and Residency Requirements for 7(a) and 504 Loans".

Introduced→

In Committee→

Passed One Chamber→

Passed Both Chambers→

Became Law

Latest action: Referred to the House Committee on Small Business. — 07/23/2026

What This Bill Does

No official summary has been published for this bill yet — this is common for bills that were only recently introduced. You can read the full bill text on Congress.gov ↗.

Sponsor

Nydia M. Velázquez ↗

D · New York

Introduced

07/23/2026

Policy Area

Commerce

📋 Full Bill Text & History on Congress.gov ↗

What This Bill Does

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