HR 4474
Equal Shot Act of 2025
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Bill overview
The Equal Shot Act of 2025 prohibits the Small Business Administration (SBA) from discriminating against businesses in the firearms industry when considering financial assistance applications, such as loans or loan guarantees. This means that companies involved in designing, manufacturing, selling, or promoting firearms and related products – including affiliates and trade associations – will not be unfairly excluded from SBA programs. The bill aims to ensure equal access to SBA resources for businesses within the firearms sector.
Key provisions
- Prohibits discrimination against firearm entities, affiliates, and trade associations.
- Applies to financial assistance under the Small Business Act and the Small Business Investment Act.
- Defines ‘firearm entity’ broadly to include manufacturers, distributors, and retailers.
- Includes firearm entity affiliates such as shooting ranges and training providers.
- Recognizes firearm trade associations as part of the definition.
Who is affected
- Small Business Administration (SBA)
- Firearm entities
- Firearm entity affiliates
- Firearm trade associations
- Applicants for SBA loans and loan guarantees
Notable changes
- Ensures equal access to SBA financial assistance for the firearms industry.
- Clarifies that existing SBA policies and practices regarding firearm businesses may need to be reviewed.
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Primary sponsor
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119th CONGRESS — 1st Session
H. R. 4474
IN THE HOUSE OF REPRESENTATIVES
A BILL
To promote fair and equal treatment by the Administrator of the Small Business Administration with respect to certain firearms industry applicants for assistance, and for other purposes.
This Act may be cited as the Equal Shot Act of 2025
.
The Administrator of the Small Business Administration may not adopt any policy, practice, guidance, or directive that discriminates against an otherwise eligible applicant for financial assistance under the Small Business Act (15 U.S.C. 631 et seq.) or the Small Business Investment Act of 1958 (15 U.S.C. 661 et seq.), including an applicant for a loan or loan guarantee, solely because such applicant is a—
firearm entity;
firearm trade association.
In this Act: