H.R. 5788 · 119th Congress · Commerce
504 Program Risk Oversight Act
Bill summary not provided; unable to determine bill's content and effects. AI-read
What it does
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.
Summary by the Congressional Research Service, Dec 12, 2025 (Reported to House). CRS summarizes bills impartially; it does not take positions.
Roll call votes
No recorded roll call votes on this bill. Most bills never get one; many pass by voice vote or unanimous consent, or stay in committee.
What members said about it
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U.S. Representative Derek Tran’s (D-CA-45) announced today the successful advancement of bipartisan legislation to protect small businesses against threats from foreign adversaries.
Latest action
Jan 26, 2026 · Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.