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H.R. 5427 · 118th Congress

To prohibit individuals convicted of defrauding the Government from receiving any assistance from the Small…

Full title

To prohibit individuals convicted of defrauding the Government from receiving any assistance from the Small Business Administration, and for other purposes.

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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Passed the House without a recorded vote, then expired. It passed by voice vote or unanimous consent, which don't record how each member voted, but didn't become law before the 118th Congress ended.

RWR WilliamsSponsor
2 cosponsors · 1 D, 1 R
ABR Bean KMD Mfume

2 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

  1. House Introduced Sep 13, 2023
  2. House Passed Nov 28, 2023

This bill prohibits individuals convicted of certain financial crimes from receiving assistance from the Small Business Administration (SBA).

What it does: CRS summary · Passed House · Nov 28, 2023

This bill prohibits individuals convicted of certain financial crimes from receiving assistance from the Small Business Administration (SBA).

Specifically, the bill prohibits individuals who have been convicted of a crime involving financial misconduct or a false statement with respect to certain COVID-19 loans (e.g., Paycheck Protection Program loans, Restaurant Revitalization Fund grants, and Shuttered Venue Operators grants) from receiving any financial assistance from the SBA (other than a disaster loan).

The prohibition includes SBA assistance to small businesses that have an owner, officer, director, or key employee who has been convicted of such a crime.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: To prohibit individuals convicted of defrauding the Government from receiving any assistance from the Small Business Administration, and for other purposes.

Latest action (Nov 29, 2023): Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.

Policy area: Commerce · Origin: House · Introduced: Sep 13, 2023

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

  1. House Introduced Sep 13, 2023
  2. House Passed Nov 28, 2023

No recorded floor vote found.