American Entrepreneurs First Act of 2025 passed the House 50 days after introduction and awaits a vote in the Senate
Written by the Congressional Research Service [2]. 123 words.
American Entrepreneurs First Act 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.
- Committees
- House Small Business Committee
Senate Small Business and Entrepreneurship Committee - Policy area
- Commerce: 44 of 2,416 bills became law, 113th–118th (1.8%)
- Sponsor
- 0 of 105 bills enacted since 2013
- Text versions
- 4, from introduced in house to referred in senate · 462 words
- Subjects
- Administrative law and regulatory proceduresGovernment lending and loan guaranteesImmigration status and proceduresSmall Business AdministrationSmall business
- Latest action
- Jun 9, 2025: Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
- Records
- Congress.gov · Bill text
Each bill appears once, under its strongest link. 1 in all.
Procedural (rules, motions) · 1
- 119th H.Res. 458 Providing for consideration of the bill (H.R. 2483) to reauthorize certain programs that provide for opioid use disorder prevention, treatme R · Agreed to