H.R. 2966: American Entrepreneurs First Act of 2025
A House bill (H.R.) in the 119th U.S. Congress.
Overview
| Congress | 119th U.S. Congress (2025–2026) |
|---|---|
| Type | House bill (H.R.) |
| Originating chamber | House |
| Introduced | 2025-04-17 |
| Sponsor | Rep. Van Duyne, Beth [R-TX-24] |
| Policy area | Commerce |
| Cosponsors | 1 |
| Latest action | 2025-06-09 — Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship. |
| Last updated | 2026-07-30 |
Summary
Official summary (Introduced in House, 2025-04-17):
American Entrepreneurs First Act
This bill revises the application requirements for the Small Business Administration's 7(a) loan and 504 loan programs.
Specifically, the bill requires applications for such loans to include (1) the applicant's date of birth; and (2) a certification that the applicant or all beneficial owners are citizens, nationals, or lawful permanent residents of the United States.
The bill specifies that certain individuals are ineligible for such loans, including (1) asylees, (2) refugees, (3) individuals issued a visa to remain in the United States, (4) individuals legally classified as nonimmigrants, (5) individuals to whom deferred action has been granted pursuant to the Deferred Action for Childhood Arrivals, and (6) individuals without lawful status under the immigration laws of the United States.
Cosponsors (1)
| Name | Party / state |
|---|---|
| Michael Cloud | R TX (original cosponsor) 2025-04-17 |
Full text & official record
The official bill text, section-by-section summary, amendments, committee reports, and the complete legislative timeline for H.R. 2966 are published by Congress on congress.gov.
View H.R. 2966 on congress.gov →
Frequently asked questions
What is H.R. 2966?
H.R. 2966 is a House bill (H.R.) introduced in the 119th U.S. Congress, originating in the House. Official title: American Entrepreneurs First Act of 2025.
Where can I read the full bill text?
The full text, cosponsors, amendments, and legislative status for H.R. 2966 are available on congress.gov.
Bill data: congress.gov API (official congressional records).