504 Program Risk Oversight Act
119-HR-5788119th CongressIntroduced Oct 17, 2025Commerce
Market Probability
No market
Status
Introduced
Committee
Floor Vote
Other Chamber
Signed
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Sponsor
Rep. Tran, Derek [D-CA-45](D-CA-45)3 cosponsors
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.
Subjects
Bank accounts, deposits, capitalCivil actions and liabilityCongressional oversightGovernment information and archivesGovernment studies and investigationsPerformance measurement
Actions (15)
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Jan 26, 2026Senate
Motion to reconsider laid on the table Agreed to without objection.
Jan 20, 2026House floor actions
On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H933)
Jan 20, 2026House floor actions
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, 2026Library of Congress
DEBATE - The House proceeded with forty minutes of debate on H.R. 5788.
Jan 20, 2026House floor actions
Considered under suspension of the rules. (consideration: CR H932-934)
Jan 20, 2026House floor actions
Mr. Williams (TX) moved to suspend the rules and pass the bill.
Jan 20, 2026House floor actions
Placed on the Union Calendar, Calendar No. 352.
Dec 12, 2025House floor actions
Reported by the Committee on Small Business. H. Rept. 119-404.
Dec 12, 2025House floor actions
Reported by the Committee on Small Business. H. Rept. 119-404.
Dec 12, 2025Library of Congress
Ordered to be Reported by the Yeas and Nays: 27 - 0.
Nov 18, 2025House committee actions
Committee Consideration and Mark-up Session Held
Nov 18, 2025House committee actions
Referred to the House Committee on Small Business.
Oct 17, 2025House floor actions
Introduced in House
Oct 17, 2025Library of Congress
Introduced in House
Oct 17, 2025Library of Congress