504 Program Risk Oversight Act passed the House 95 days after introduction and awaits a vote in the Senate
IntroducedOct 17, 2025
ReportedNov 18, 2025
Passed one chamberJan 20, 2026
Passed both—
Law—
What it changes · CRS summary
Written by the Congressional Research Service [2]. 82 words.
504 Program Risk Oversight Act This bill requires the Small Business Administration (SBA) to annually conduct a risk analysis of all loans guaranteed under the 504 loan program. The 504 loan program provides long-term, fixed-rate financing to qualifying small businesses for major fixed assets, such as land, buildings, equipment, and machinery. The SBA must annually report the results of the risk analysis for each preceding fiscal year, including the steps taken by the SBA to mitigate the risks identified in the analysis.
Context
- 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 12 bills enacted since 2013
- Text versions
- 4, from introduced in house to referred in senate · 667 words
- Subjects
- Bank accounts, deposits, capitalCivil actions and liabilityCongressional oversightGovernment information and archivesGovernment studies and investigationsPerformance measurement
- Latest action
- Jan 26, 2026: Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
- Records
- Congress.gov · Bill text
Exhibit 1Passage odds band at each stage, rated when the bill reached it [4]
Related bills · 0
The bill status record lists no related bills.
Exhibit 2Articles naming the bill per day, last 90 days, US sources [3]