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HR4531: 7(a) Loan Agent Oversight Act (117th Congress)
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HR4531: 7(a) Loan Agent Oversight Act

117th Congress (2021–2023) · House bill · Sponsor: Rep. Meuser, Daniel [R-PA-9]

This page covers HR4531 in the 117th Congress. Bill numbers start over every Congress, so HR4531 in another Congress is a different bill. Other bills numbered HR4531 are listed below.


Key facts

Item Detail
Roll-call votes 1
Chamber House
Latest vote 2021-11-02: Passed
Latest action 2021-11-03: Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Policy area Commerce
Official record Congress.gov

What the bill does

7(a) Loan Agent Oversight Act This bill requires the Small Business Administration (SBA) to submit an annual report containing specified information related to 7(a) loan agents. These agents provide fee-based referral and loan application services related to the SBA's 7(a) Program. Under the 7(a) Program, the SBA guarantees up to 80% of a private lender's loan to a small business borrower who cannot obtain credit elsewhere on reasonable terms and conditions. The required report must include (1) the number and type of agents assisting applicants for 7(a) loans, (2) the number of fraudulent loans made for which an applicant used the services of a 7(a) agent, and (3) the number and aggregate dollar value of referral fees paid to 7(a) agents.

Subjects: Congressional oversight, Fraud offenses and financial crimes, Government information and archives, Government lending and loan guarantees, Government studies and investigations


Roll-call votes on HR4531 (117th Congress)

Every recorded vote on this bill, newest first, with a link to the official tally. Member-by-member positions are on each member’s profile.

Date Chamber Question Result Yea Nay Not voting Record
2021-11-02 House 2/3 Yea-And-Nay Passed 281 6 5 Official tally

Other bills numbered HR4531

HR4531 in the 118th Congress (2023–2025): Support for Patients and Communities Reauthorization Act


Frequently asked

What is HR4531 in the 117th Congress?

HR4531 (7(a) Loan Agent Oversight Act) was introduced in the 117th Congress (2021–2023) by Rep. Meuser, Daniel [R-PA-9].

What is the latest action on HR4531?

On 2021-11-03: Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.

How many roll-call votes were held on HR4531?

1 recorded vote in the 117th Congress. The most recent, on 2021-11-02, was "2/3 Yea-And-Nay": Passed.

Is this the same bill as HR4531 in other Congresses?

No. Bill numbers restart each Congress. HR4531 was also used in the 118th Congress for different legislation.