American Entrepreneurs First Act of 2025 (H.R. 2966)
Referred to CommitteeLatest 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
Topics & Subjects
Amendments (1)
This bill has 1 amendment proposed or adopted.
View all amendments on Congress.govRelated Federal Spending
Sponsor & Cosponsors (2)
Party Breakdown
Sponsor
Cosponsors (1)
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)
Committee Reports (1)
Committees
Details
Sources and method
· Congress.gov, CRS, House Clerk, USAspending, FEC, LDA · Record updated Sep 8, 2026
- Congress.govLibrary of CongressStatus, actions, sponsors, cosponsors, committees and textRecord updated Sep 8, 2026 · Loaded Nov 1, 2026, 12:17 AM ET
- CRS bill summaryCongressional Research Service, via Congress.govOfficial summarySummary 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 RepresentativesRoll-call results on this billLatest roll call Jun 6, 2025 · Loaded Nov 1, 2026, 12:17 AM ET
- USAspending.govU.S. Department of the TreasuryRelated Federal Spending section
- FEC filingsFederal Election CommissionFunding & Lobbying section
- Lobbying disclosures (LDA)Secretary of the Senate and Clerk of the HouseFunding & Lobbying section
All sources: Public domain (17 U.S.C. § 105) · Method: Data sources → · Campaign finance →
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Dates shown where the source reports one. “Loaded” is when CIV.IQ last fetched the record.