US Congress · 119th Congress (2025-2026)

HR 2966In Second Chamber

American Entrepreneurs First Act of 2025

Source of recordUS Congress · congress.govLast synced Jul 31, 2026

Chamber

House

Progress

Where this bill stands in the legislative process.

Introduced
Passed House
Passed Senate
To President
Became Law

Overview

The American Entrepreneurs First Act requires the Small Business Administration to collect more detailed information from loan applicants. Specifically, applications for 7(a) and 504 loans must now include the applicant’s date of birth and a certification confirming that the applicant or all beneficial owners are U.S. citizens, nationals, or lawful permanent residents. Individuals currently receiving certain immigration benefits or lacking lawful status are ineligible to receive these loans.

Key provisions

Loan applications for 7(a) and 504 programs must include applicant’s date of birth.
Applicants must certify citizenship or lawful permanent residency status.
Beneficial owners of applicant concerns must also meet citizenship/residency requirements.
Applicants must certify that no owners are ineligible persons.
Applicants must provide an alien registration number for lawful permanent residents.
Applications submitted after the bill’s enactment without required information are ineligible.
Certain individuals are ineligible, including asylees, refugees, and those lacking lawful immigration status.
The bill defines ‘ineligible person’ to include specific immigration statuses.

Who is affected

Small business owners
Small business applicants
The Small Business Administration
Immigrants
U.S. Citizens

Bill text

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Apr 17, 2025XMLView source

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Legislative history

17 recorded actions · showing the most recent 12

May 21, 2025House

Placed on the Union Calendar, Calendar No. 83.

May 21, 2025House

Reported (Amended) by the Committee on Small Business. H. Rept. 119-112.

May 21, 2025

Reported (Amended) by the Committee on Small Business. H. Rept. 119-112.

Jun 3, 2025House

Rules Committee Resolution H. Res. 458 Reported to House. Rule provides for consideration of H.R. 2483, H.R. 2931, H.R. 2966 and H.R. 2987. The resolution provides for consideration of H.R. 2483 under a structured rule and for consideration of H.R. 2931, H.R. 2966, and H.R. 2987 under a closed rule. The resolution provides for one hour of debate and one motion to recommit on each bill.

Jun 6, 2025House

Motion to reconsider laid on the table Agreed to without objection.

Jun 6, 2025House

On passage Passed by the Yeas and Nays: 217 - 190 (Roll no. 156). (text: CR H2510-2511)

Jun 6, 2025

Passed/agreed to in House: On passage Passed by the Yeas and Nays: 217 - 190 (Roll no. 156).

Jun 6, 2025House

The previous question was ordered pursuant to the rule.

Jun 6, 2025House

DEBATE - The House proceeded with one hour of debate on H.R. 2966.

Jun 6, 2025House

Rule provides for consideration of H.R. 2483, H.R. 2931, H.R. 2966 and H.R. 2987. The resolution provides for consideration of H.R. 2483 under a structured rule and for consideration of H.R. 2931, H.R. 2966, and H.R. 2987 under a closed rule. The resolution provides for one hour of debate and one motion to recommit on each bill.

Jun 6, 2025House

Considered under the provisions of rule H. Res. 458. (consideration: CR H2510-2515)

Jun 9, 2025Senate

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

Votes

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American Entrepreneurs First Act of 2025

Progress

Overview

Key provisions

Who is affected

Bill text

Sponsors

Primary sponsor

Cosponsor

Legislative history

Votes

Vote map

Floor votes and chamber actions

Recorded roll calls

Geography

Arguments

Arguments in favor

Arguments opposed

Notable changes

Geography

Legislative history

Votes

Vote map

Floor votes and chamber actions

Recorded roll calls

Progress

Overview

Key provisions

Who is affected

Bill text

Sponsors

Primary sponsor

Cosponsor

Legislative history

Votes

Vote map

Floor votes and chamber actions

Recorded roll calls

Related bills

Geography

Arguments

Arguments in favor

Arguments opposed

Notable changes

Geography

Legislative history

Votes

Vote map

Floor votes and chamber actions

Recorded roll calls