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This bill revises the application requirements for the Small Business Administration's 7(a) loan and 504 loan programs.
Specifically, the bill requires applications for such loans to include (1) the applicant's date of birth; and (2) a certification that the applicant or all beneficial owners are citizens, nationals, or lawful permanent residents of the United States.
The bill specifies that certain individuals are ineligible for such loans, including (1) asylees, (2) refugees, (3) individuals issued a visa to remain in the United States, (4) individuals legally classified as nonimmigrants, (5) individuals to whom deferred action has been granted pursuant to the Deferred Action for Childhood Arrivals, and (6) individuals without lawful status under the immigration laws of the United States.
Written by the nonpartisan Congressional Research Service, describing H.R. 2966 as introduced in House on Apr 17, 2025. It is not the text of the measure; a later amendment may have changed what it does.
House Jun 6, 2025
American Entrepreneurs First Act
Passed
217 Yea 190 Nay 25 not voting
Party-line vote 8 of 407 voting members broke with their own party: 8 Democrats.
DemocratsIndependentsRepublicansFilled: YeaRing: NayGrey: not voting or present
432 members on this roll call, from the official House record. Party majorities need at least five voting members, so an independent never counts as breaking with a party.
Signing on is not a vote: a member can cosponsor H.R. 2966 and vote against it. 1 signed when it was filed.
Organizations that named H.R. 2966 in a lobbying disclosure. Only those that cited the bill by number appear, so this is a floor, not a full list.
5 disclosures name this measure. Retrieved from LDA.gov on 2026-10-04. Senate Office of Public Records cannot vouch for the data or analyses derived from these data after the data have been retrieved from LDA.gov.