Monday, June 9th, 2025
$9 Billion Rescissions Package: Provides more than $9 billion in previously enacted spending that would be rescinded, or canceled, as requested by the Trump administration under H.R.4. The revoked funding would primarily affect US foreign aid and development programs, as well as federal support for public broadcasting. The measure will be considered under procedures which gives Congress 45 days to consider rescissions requests that can be passed with a simple majority in the Senate.
Save SBA from Sanctuary Cities: The House passed H.R.2931 (211-199), which would relocate Small Business Administration (SBA) offices from jurisdictions considered "sanctuary cities" to locations that comply with federal immigration law. The bill mandates that the SBA identify and relocate its regional, district, or local offices in sanctuary cities, prohibiting the SBA from establishing new offices in such jurisdictions. The legislation also sets deadlines for relocation and potential penalties for non-compliance.
Banning SBA Loans for Immigrants: The House passed H.R.2966 (217-190), which would restrict access to Small Business Administration (SBA) loans to just those small businesses that are 100% owned by a U.S. citizen, a U.S. national, or an individual with Lawful Permanent Resident (LPR) status, explicitly banning loans to businesses partially owned by any other category of immigrant.
Plain Language in Contracting: The House passed H.R.787, which would require agencies to use easy-to-understand language for certain procurement notices pertaining to small businesses. The bill is meant to ensure that small businesses have access to federal contracting opportunities.
SUPPORT for Patients and Communities Reauthorization: The House passed H.R.2483, which is a bipartisan bill that aims to reauthorize and expand upon programs established under the 2018 SUPPORT Act to address the opioid crisis and improve access to mental health and substance use disorder treatment.
Connecting Small Businesses with Career and Technical Education Graduates: The House passed H.R.1642, which is a bipartisan bill aimed at ensuring small businesses have access to information about Career and Technical Education programs and can, more importantly, hire accomplished and competent CTE graduates. The bill would require Small Business Development Centers (SBDCs) and Women’s Business Centers (WBCs) to provide information to small businesses about hiring career and technical education graduates and provide graduates with information on how to launch a small business.
7(a) Loan Agent Oversight: The House passed H.R.1804, which is bipartisan legislation aimed at strengthening accountability and combating fraud within the Small Business Administration’s (SBA) 7(a) Loan Program. It does so by requiring the Office of Credit Risk Management to submit an annual report to Congress regarding the performance of and risk associated with loans generated through loan agent activity. The SBA’s Inspector General has reported that nearly 15 percent of all 7(a) loans include a loan agent. Unfortunately, the Office of the Inspector General has also reported that there has been more than $335 million in documented loan agent fraud.
Capping Excessive Awarding of SBLC Entrants: The House passed H.R.2987 (214-198), which caps the number of for-profit small business lending companies (SBLCs) eligible to participate in the Small Business Administration's (SBA) 7(a) loan program. The bill would limit the number of SBLCs to 16, addressing concerns about the program's stability and integrity following changes that loosened underwriting
