H.R. 825: Assisting Small Businesses Not Fraudsters Act

119th Congress · introduced 2025-01-28 · Commerce · Latest: Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.

federal

What does this mean?

Official title

Assisting Small Businesses Not Fraudsters Act

Plain summary

Assisting Small Businesses Not Fraudsters Act This bill prohibits individuals convicted of certain financial crimes from receiving assistance from the Small Business Administration (SBA). Specifically, the bill prohibits individuals who have been convicted of a crime involving financial misconduct or a false statement with respect to certain COVID-19 loans (e.g., Paycheck Protection Program loans, Restaurant Revitalization Fund grants, and Shuttered Venue Operators grants) from receiving any financial assistance from the SBA (other than a disaster loan). The prohibition includes SBA assistance to small businesses that have an owner, officer, director, or key employee who has been convicted of such a crime.

Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.

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A “Nay” vote

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What does this mean? (plain words)

Official text

Assisting Small Businesses Not Fraudsters Act

Source: Congressional Research Service summary (Introduced in House)

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Officials and money

Sponsor: Rep. Williams, Roger [R-TX-25] · 3 cosponsors

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Recorded votes

House roll call 43 (2025): On Motion to Suspend the Rules and Pass, H R 825 (2025-02-24): Passed

Words on this page, explained (1)

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Sources

Congressional Research Service summary (Introduced in House)
Congress.gov
Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-119hr825.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/119/hr>

Record fed-us-cong119-hr825 · catalog fed-us-congress-bills-cong119 · updated 2026-11-03 by psicol fed-bills