{"bill":{"id":"119-hr-5788","congress":119,"type":"HR","number":5788,"title":"504 Program Risk Oversight Act","originChamber":"House","introducedDate":"2025-10-17","sponsors":[{"bioguideId":"T000491","fullName":"Rep. Tran, Derek [D-CA-45]","party":"D","state":"CA","district":45}],"cosponsorsCount":3,"latestAction":{"actionDate":"2026-01-26","text":"Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship."},"policyArea":"Commerce","subjects":["Bank accounts, deposits, capital","Civil actions and liability","Congressional oversight","Government information and archives","Government studies and investigations","Performance measurement"],"actions":[{"date":"2026-01-26","text":"Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.","type":"IntroReferral","chamber":"Senate","hasVote":false},{"date":"2026-01-20","text":"Motion to reconsider laid on the table Agreed to without objection.","type":"Floor","chamber":"House floor actions","hasVote":false},{"date":"2026-01-20","text":"On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H933)","type":"Floor","chamber":"House floor actions","hasVote":false},{"date":"2026-01-20","text":"Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H933)","type":"Floor","chamber":"Library of Congress","hasVote":false},{"date":"2026-01-20","text":"DEBATE - The House proceeded with forty minutes of debate on H.R. 5788.","type":"Floor","chamber":"House floor actions","hasVote":false},{"date":"2026-01-20","text":"Considered under suspension of the rules. (consideration: CR H932-934)","type":"Floor","chamber":"House floor actions","hasVote":false},{"date":"2026-01-20","text":"Mr. Williams (TX) moved to suspend the rules and pass the bill.","type":"Floor","chamber":"House floor actions","hasVote":false},{"date":"2025-12-12","text":"Placed on the Union Calendar, Calendar No. 352.","type":"Calendars","chamber":"House floor actions","hasVote":false},{"date":"2025-12-12","text":"Reported by the Committee on Small Business. H. Rept. 119-404.","type":"Committee","chamber":"House floor actions","hasVote":false},{"date":"2025-12-12","text":"Reported by the Committee on Small Business. H. Rept. 119-404.","type":"Committee","chamber":"Library of Congress","hasVote":false},{"date":"2025-11-18","text":"Ordered to be Reported by the Yeas and Nays: 27 - 0.","type":"Committee","chamber":"House committee actions","hasVote":false},{"date":"2025-11-18","text":"Committee Consideration and Mark-up Session Held","type":"Committee","chamber":"House committee actions","hasVote":false},{"date":"2025-10-17","text":"Referred to the House Committee on Small Business.","type":"IntroReferral","chamber":"House floor actions","hasVote":false},{"date":"2025-10-17","text":"Introduced in House","type":"IntroReferral","chamber":"Library of Congress","hasVote":false},{"date":"2025-10-17","text":"Introduced in House","type":"IntroReferral","chamber":"Library of Congress","hasVote":false}],"summary":"<p><strong>504 Program Risk Oversight Act</strong></p><p>This bill requires the Small Business Administration (SBA) to annually conduct a risk analysis of all loans guaranteed under the 504 loan program.</p><p>The 504 loan program provides long-term, fixed-rate financing to qualifying small&nbsp;businesses for major fixed assets, such as land, buildings, equipment, and machinery.</p><p>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.</p>","updateDate":"2026-01-30T04:08:16Z"},"markets":[],"stateBills":[],"meta":{"sources":["congress.gov"],"latencyMs":618,"ts":"2026-04-15T03:44:24.144Z"},"nextActions":{"inspect":[],"related":[{"description":"Search related legislation","method":"GET","url":"/api/public/query-gov?q=504%20Program%20Risk%20Oversight%20Act"}]}}