HR7229Referred to Committee
Territorial SBA Loan Guaranty Adjustment Act of 2026
Introduced
In Committee
3
Passed One Chamber4
Passed Both5
Signed into Law119th
Congress
2026-01-22
Introduced
3
Cosponsors
HR
ⓘType
Sponsor
James C. Moylan
Republican · GU · Representative
Votes with party: 64.0% (50 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 →
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
Full bill text is not yet cached locally.
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