S 2659
504 Credit Risk Management Improvement Act of 2025
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Bill overview
The 504 Credit Risk Management Improvement Act of 2025 aims to strengthen oversight of the Small Business Administration’s 504 loan program. It enhances the Office of Credit Risk Management’s authority to supervise certified development companies, conduct regular file reviews, and take enforcement actions when necessary. The bill also introduces a fee for certified development companies to help cover administrative costs and requires the SBA to issue rules clarifying environmental compliance for these companies under the National Environmental Policy Act.
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