HR 4531 117th Congress House Commerce Congressional oversight Fraud offenses and financial crimes Government information and archives Government lending and loan guarantees Government studies and investigations

7(a) Loan Agent Oversight Act

Introduced: July 19, 2021 Introduced by: Meuser, Daniel Republican · Pennsylvania See on congress.gov

Everywhere this bill has been 14 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Nov 3, 2021

Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.

Nov 2, 2021

Considered under suspension of the rules. (consideration: CR H6092-6093)

Nov 2, 2021

Ms. Velazquez moved to suspend the rules and pass the bill.

Nov 2, 2021

Motion to reconsider laid on the table Agreed to without objection.

Nov 2, 2021

DEBATE - The House proceeded with forty minutes of debate on H.R. 4531.

Nov 2, 2021

Considered as unfinished business. (consideration: CR H6102-6103)

Nov 2, 2021

At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.

Nov 2, 2021

On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 411 - 9 (Roll no. 352). (text: CR H6092)

Oct 12, 2021

Placed on the Union Calendar, Calendar No. 104.

Oct 12, 2021

Reported by the Committee on Small Business. H. Rept. 117-144.

Jul 29, 2021

Ordered to be Reported by Voice Vote.

Jul 29, 2021

Committee Consideration and Mark-up Session Held.

Jul 19, 2021

Referred to the House Committee on Small Business.

Jul 19, 2021

Introduced in House

Votes taken on this bill 1

Date	Chamber	What was voted on	Result	Yes–No
Nov 2, 2021	House · vote #352	On Motion to Suspend the Rules and Pass	Passed	411–9	See who voted →

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Plain-English summary Congressional Research Service

7(a) Loan Agent Oversight Act

This bill requires the Small Business Administration (SBA) to submit an annual report containing specified information related to 7(a) loan agents. These agents provide fee-based referral and loan application services related to the SBA's 7(a) Program. Under the 7(a) Program, the SBA provides loans and loan guarantees to small business borrowers who cannot obtain credit elsewhere on reasonable terms and conditions.

The required report must include (1) the number and type of agents assisting applicants for 7(a) loans, (2) the number of fraudulent loans made for which an applicant used the services of a 7(a) agent, and (3) the number and aggregate dollar value of referral fees paid to 7(a) agents.

What's happening now November 3, 2021

Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.

Bill text 4 versions

Engrossed in House Formatted Text PDF Formatted XML
Introduced in House Formatted Text PDF Formatted XML
Referred in Senate Formatted Text PDF Formatted XML
Reported in House Formatted Text PDF Formatted XML

Source documents hosted by congress.gov.

Committees of jurisdiction 2

Small Business Committee
House of Representatives
Small Business and Entrepreneurship Committee
Senate

Cosponsors 1

Van Duyne, Beth

Texas · Jul 29, 2021

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APA

U.S. Congress. (2026). H.R. 4531: 7(a) Loan Agent Oversight Act. 117th Congress. Open America. https://openamerica.io/bill/117-HR-4531/

MLA

"H.R. 4531: 7(a) Loan Agent Oversight Act." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-HR-4531/.

Bluebook (legal)

H.R. 4531, 117th Cong. (2026), https://openamerica.io/bill/117-HR-4531/.

Markdown link

[H.R. 4531: 7(a) Loan Agent Oversight Act](https://openamerica.io/bill/117-HR-4531/)