The record

LegislationLegislation· Jun 2026
HR 7396 Passed House — in Senate

Sponsored by Sharice Davids (D)

Native American Entrepreneurial Opportunity Act

Creates an Office of Native American Affairs within the Small Business Administration.

Tradeoff

Establishes a new SBA office to help Native American entrepreneurs access business loans, contracting opportunities, and training. The office will operate for 7 years, then expire unless Congress extends it.

What's in it

See official bill text

Costs less than $500,000 over 2026-2031 for federal administrative expenses.

The $500,000 is only the federal administrative cost to codify an existing office and add reporting requirements — the real policy impact is on Native American entrepreneurs who gain formalized SBA support and oversight for seven years.

H.R. 7396, Native American Entrepreneurial Opportunity Act · Feb 2026

Passed the House by on June 23, 2026 — sitting in the Senate.

  1. House

    Introduced

    (Feb 5, 2026)

  2. House

    Committee on Small Business(Feb 5, 2026)

  3. House

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

    Reported 24 - 0(Feb 11, 2026)

    Committee report H. Rept. 119-498.

  4. House

    Passage of the bill

    Passed by (Jun 23, 2026)

    No individual votes were recorded.

  5. Senate

    Received from the House

    on Small Business and Entrepreneurship(Jun 24, 2026)