The record

LegislationLegislation· Jun 2025
HR 2966 Passed House — in Senate

Sponsored by Beth Van Duyne (R)

American Entrepreneurs First Act of 2025

Restricts Small Business Administration loans to US citizens and lawful permanent residents.

Tradeoff

Bars people with temporary visas, , or no legal status from SBA 7(a) and 504 loans. Requires applicants to submit birth dates and citizenship documentation.

What's in it

See official bill text

The House passed this 217-190 on June 6, 2025 — sitting in the Senate.

  1. House

    Introduced

    (Apr 17, 2025)

  2. House

    Committee on Small Business(Apr 17, 2025)

  3. House

    The Committee on Small Business voted to send it to the floor

    Reported 15 - 11(Apr 30, 2025)

    Committee report H. Rept. 119-112.

  4. House

    Passage of the bill

    Passed(Roll #156 · Jun 6, 2025)

    217 yeanay 190

  5. Senate

    Received from the House

    on Small Business and Entrepreneurship(Jun 9, 2025)

Passage votes so far· Jun 6, 2025· 119th Congress · 2025–2027