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This bill requires Small Business Administration (SBA) employees who participate in the origination, review, or approval of SBA loans to certify in writing prior to such participation that the employee
Under current law, federal employees must disclose financial conflicts of interest with respect to a particular matter and recuse themselves from such matter (with limited exceptions upon authorization from the employee's agency designee).
The SBA must issue regulations implementing the requirements of this bill.
Written by the nonpartisan Congressional Research Service, describing H.R. 7401 as reported to House on Feb 20, 2026. It is not the text of the measure; a later amendment may have changed what it does.
House Jun 24, 2026
Small Business Lending Fraud Prevention Act
Passed · Two-thirds required
415 Yea 0 Nay 15 not voting · 1 present
Crossed both parties No voting member broke with their own party.
DemocratsIndependentsRepublicansFilled: YeaRing: NayGrey: not voting or present
431 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. 7401 and vote against it. 1 signed when it was filed.