HR7229Referred to Committee

Territorial SBA Loan Guaranty Adjustment Act of 2026

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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2026-01-22
Introduced
3
Cosponsors
HR
ⓘ
Type

Sponsor

James C. Moylan
James C. Moylan
Republican · GU · Representative
Votes with party: 63.6% (55 recorded votes)

Full profile: /officials/M001219

Source: Congress.gov · FEC

Cosponsors (3)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Referred to the House Committee on Small Business.

2026-01-22

Source: Congress.gov

Plain-English Summary

This bill would adjust how Small Business Administration loans work in U.S. territories like Puerto Rico, Guam, and the U.S. Virgin Islands, likely by changing loan terms, guaranty amounts, or eligibility rules to better support small business owners in these areas. The changes would affect small business owners in territories who rely on SBA loans to start or expand their companies, as well as the lenders who provide these loans.

AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.

Subjects

Commerce
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