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American Entrepreneurs First Act of 2025 (H.R. 2966)

Referred to Committee
Introduced 4/17/2025•119th Congress•House

Latest Action

Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.

6/9/2025 • Senate

Summary

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.

Introduced in House • 4/17/2025

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Topics & Subjects

Policy Area: Commerce
Administrative law and regulatory proceduresGovernment lending and loan guaranteesImmigration status and proceduresSmall Business AdministrationSmall business

Amendments (1)

This bill has 1 amendment proposed or adopted.

View all amendments on Congress.gov

Related Federal Spending

Sponsor & Cosponsors (2)

Party Breakdown

0
Democrats
2
Republicans
0
Independents

Sponsor

R[
Rep. Van Duyne, Beth [R-TX-24]

Republican • TX-24

Sponsored 4/17/2025

Cosponsors (1)

R[
Rep. Cloud, Michael [R-TX-27]

R-TX-27

Joined 4/17/2025

Bill Journey

Originated in the House

Introduced

April 17, 2025

Committee Review

April 30, 2025

Ordered to be Reported (Amended) by the Yeas and Nays: 15 - 11.

Floor Debate

June 6, 2025

Passed Chamber

June 6, 2025

Other Chamber

President

Enacted into Law

Text Versions (4)

Referred in Senate6/9/2025
Engrossed in House6/6/2025
Reported in House5/21/2025
Introduced in House4/17/2025

Committee Reports (1)

Details

Bill TypeHR
Current StatusReferred to Committee
Cosponsors1

Sources and method

· Record updated Sep 8, 2026
  • Congress.govLibrary of Congress
    Status, actions, sponsors, cosponsors, committees and text
    Record updated Sep 8, 2026 · Loaded Nov 1, 2026, 12:17 AM ET
  • CRS bill summaryCongressional Research Service, via Congress.gov
    Official summary
    Summary of the “Introduced in House” version, Apr 17, 2025 · Loaded Nov 1, 2026, 12:17 AM ET
  • House roll-call votesOffice of the Clerk, U.S. House of Representatives
    Roll-call results on this bill
    Latest roll call Jun 6, 2025 · Loaded Nov 1, 2026, 12:17 AM ET
  • USAspending.govU.S. Department of the Treasury
    Related Federal Spending section
  • FEC filingsFederal Election Commission
    Funding & Lobbying section
  • Lobbying disclosures (LDA)Secretary of the Senate and Clerk of the House
    Funding & Lobbying section

All sources: Public domain (17 U.S.C. § 105) · Method: Data sources → · Campaign finance →

AI-written text on this page is labeled where it appears. It is written from the sources above and is not a source itself. How we analyze data →

Dates shown where the source reports one. “Loaded” is when CIV.IQ last fetched the record.