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Assisting Small Businesses Not Fraudsters Act

Bill Number
H.R. 825
Origin Chamber
House
Congress
119th Congress, Session 1
Policy Area
Commerce
Status
Passed House
Latest Action
2025-02-25: Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Last Updated
2026-07-11T10:38:23Z

AI-Generated Summary

Purpose of the Legislation

The "Assisting Small Businesses Not Fraudsters Act" (H.R. 825) aims to protect federal small business assistance programs by barring individuals and businesses linked to fraud convictions from receiving most forms of financial aid from the Small Business Administration (SBA). It targets misuse of government funds, particularly in programs created during the COVID-19 pandemic, to ensure aid goes to legitimate recipients.

Key Provisions

Significant Changes to Existing Law

Potential Impacts

Main Stakeholders Affected

Notable Legal, Constitutional, or Political Implications

This summary was generated by AI and may contain inaccuracies. Refer to the official source document for the authoritative text.

Sponsor

Rep. Williams, Roger [R-TX-25]

Cosponsors (3)

Rep. Mfume, Kweisi [D-MD-7], Rep. Simon, Lateefah [D-CA-12], Rep. Goodlander, Maggie [D-NH-2]

Recent Actions

Bill Versions

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