HR 5788
119th Congress
House
Commerce
Bank accounts, deposits, capital
Civil actions and liability
Congressional oversight
Government information and archives
Government studies and investigations
Performance measurement
504 Program Risk Oversight Act
Everywhere this bill has been
13 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 26, 2026
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Jan 20, 2026
Motion to reconsider laid on the table Agreed to without objection.
Jan 20, 2026
On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H933)
Jan 20, 2026
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H933)
Jan 20, 2026
DEBATE - The House proceeded with forty minutes of debate on H.R. 5788.
Jan 20, 2026
Considered under suspension of the rules. (consideration: CR H932-934)
Jan 20, 2026
Mr. Williams (TX) moved to suspend the rules and pass the bill.
Dec 12, 2025
Placed on the Union Calendar, Calendar No. 352.
Dec 12, 2025
Reported by the Committee on Small Business. H. Rept. 119-404.
Nov 18, 2025
Ordered to be Reported by the Yeas and Nays: 27 - 0.
Nov 18, 2025
Committee Consideration and Mark-up Session Held
Oct 17, 2025
Referred to the House Committee on Small Business.
Oct 17, 2025
Introduced in House
Plain-English summary
504 Program Risk Oversight Act
This bill requires the Small Business Administration (SBA) to annually conduct a risk analysis of all loans guaranteed under the 504 loan program.
The 504 loan program provides long-term, fixed-rate financing to qualifying small businesses for major fixed assets, such as land, buildings, equipment, and machinery.
The SBA must annually report the results of the risk analysis for each preceding fiscal year, including the steps taken by the SBA to mitigate the risks identified in the analysis.
What's happening now
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Committees of jurisdiction
2