Bill Detail
H.R. 5788
Congress: 119
Title
504 Program Risk Oversight Act
Summary
504 Program Risk Oversight Act This bill requires the Small Business Administration (SBA) to annually conduct a risk analysis of all loans guaranteed under the 504 loan program. The 504 loan program provides long-term, fixed-rate financing to qualifying small businesses for major fixed assets, such as land, buildings, equipment, and machinery. The SBA must annually report the results of the risk analysis for each preceding fiscal year, including the steps taken by the SBA to mitigate the risks identified in the analysis.
Sponsor
Rep. Derek Tran [D-CA-45]
Status
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Status as of Jun 30, 1:57 AM · synced 2h ago
Introduced
2025-10-17
Data source mode: cache
Bill Engagement
504 Program Risk Oversight Act This bill requires the Small Business Administration (SBA) to annually conduct a risk analysis of all loans guaranteed under the 504 loan program.