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HR 2966 119th Congress House Commerce Administrative law and regulatory procedures Government lending and loan guarantees Immigration status and procedures Small Business Administration Small business

American Entrepreneurs First Act of 2025

Introduced: April 17, 2025 Introduced by: Van Duyne, Beth Republican · Texas See on congress.gov
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 Everywhere this bill has been 15 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 9, 2025
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Jun 6, 2025
Motion to reconsider laid on the table Agreed to without objection.
Jun 6, 2025
On passage Passed by the Yeas and Nays: 217 - 190 (Roll no. 156). (text: CR H2510-2511)
Jun 6, 2025
Passed/agreed to in House: On passage Passed by the Yeas and Nays: 217 - 190 (Roll no. 156).
Jun 6, 2025
The previous question was ordered pursuant to the rule.
Jun 6, 2025
DEBATE - The House proceeded with one hour of debate on H.R. 2966.
Jun 6, 2025
Rule provides for consideration of H.R. 2483, H.R. 2931, H.R. 2966 and H.R. 2987. The resolution provides for consideration of H.R. 2483 under a structured rule and for consideration of H.R. 2931, H.R. 2966, and H.R. 2987 under a closed rule. The resolution provides for one hour of debate and one motion to recommit on each bill.
Jun 6, 2025
Considered under the provisions of rule H. Res. 458. (consideration: CR H2510-2515)
Jun 3, 2025
Rules Committee Resolution H. Res. 458 Reported to House. Rule provides for consideration of H.R. 2483, H.R. 2931, H.R. 2966 and H.R. 2987. The resolution provides for consideration of H.R. 2483 under a structured rule and for consideration of H.R. 2931, H.R. 2966, and H.R. 2987 under a closed rule. The resolution provides for one hour of debate and one motion to recommit on each bill.
May 21, 2025
Placed on the Union Calendar, Calendar No. 83.
May 21, 2025
Reported (Amended) by the Committee on Small Business. H. Rept. 119-112.
Apr 30, 2025
Ordered to be Reported (Amended) by the Yeas and Nays: 15 - 11.
Apr 30, 2025
Committee Consideration and Mark-up Session Held
Apr 17, 2025
Referred to the House Committee on Small Business.
Apr 17, 2025
Introduced in House
 Votes taken on this bill 1
DateChamberWhat was voted onResultYes–No
Jun 6, 2025 House · vote #156 On Passage Passed 217–190 See who voted →
 Plain-English summary Congressional Research Service

American Entrepreneurs First Act

This bill revises the application requirements for the Small Business Administration's 7(a) loan and 504 loan programs.

Specifically, the bill requires applications for such loans to include (1) the applicant's date of birth; and (2) a certification that the applicant or all beneficial owners are citizens, nationals, or lawful permanent residents of the United States.

The bill specifies that certain individuals are ineligible for such loans, including (1) asylees, (2) refugees, (3) individuals issued a visa to remain in the United States, (4) individuals legally classified as nonimmigrants, (5) individuals to whom deferred action has been granted pursuant to the Deferred Action for Childhood Arrivals, and (6) individuals without lawful status under the immigration laws of the United States.

What's happening now June 9, 2025

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

 Committees of jurisdiction 2
 Cosponsors 1
All 1 Republican 1