119-hr2966

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2966 Referred in Senate

    (RFS) ]

<DOC>
119th CONGRESS
 1st Session
 H. R. 2966

_______________________________________________________________________

 IN THE SENATE OF THE UNITED STATES

 June 9, 2025

 Received; read twice and referred to the Committee on Small Business 
 and Entrepreneurship

_______________________________________________________________________

 AN ACT

 To require the Administrator of the Small Business Administration to 
require an applicant for certain loans of the Administration to provide 
 certain citizenship status documentation, and for other purposes.

 Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

 This Act may be cited as the ``American Entrepreneurs First Act of 
2025''.

SEC. 2. REQUIREMENTS FOR CITIZENSHIP STATUS DOCUMENTATION FOR CERTAIN 
 LOAN PROGRAMS OF THE SMALL BUSINESS ADMINISTRATION.

    (a) In General.--The Administrator of the Small Business 
Administration shall ensure that any application for a loan submitted 
under 

section 7

    (a) of the Small Business Act (15 U.S.C. 636

    (a) ) or 
title V of the Small Business Investment Act of 1958 (15 U.S.C. 695 et 
seq.) includes the following information:

    (1) The date of birth for each individual applicant for 
 such loan or for each individual owner of an applicant concern.

    (2) Certification that--
        (A) an individual applicant for such loan is a 
 citizen of the United States, a national of the United 
 States, or a lawful permanent resident of the United 
 States; or
        (B) an applicant concern for such loan or a 
 guarantor for such loan is 100 percent beneficially 
 owned by individuals who are either citizens of the 
 United States, nationals of the United States, or 
 lawful permanent residents of the United States.

    (3) Certification that no direct or indirect owner of an 
 applicant concern for such loan is an ineligible person.

    (4) Documentation of the alien registration number of any 
 lawful permanent resident who is--
        (A) an individual applicant for such loan; or
        (B) an owner of an applicant concern.

    (b) Prohibition.--An applicant for a loan under 

section 7

    (a) of the 
Small Business Act (15 U.S.C. 636

    (a) ) or title V of the Small Business 
Investment Act of 1958 (15 U.S.C. 695 et seq.) is ineligible for such 
loan if--

    (1) the applicant submits the application for such loan 
 after the date of the enactment of this Act and such 
 application does not contain the information required under 
 subsection

    (a) ;

    (2) in the case such applicant is an applicant concern, any 
 direct or indirect owner of such applicant concern is an 
 ineligible person; or

    (3) in the case such applicant is an individual applicant, 
 such applicant is an ineligible person.
            (c) Ineligible Person Defined.--In this Act, the term ``ineligible 
person'' means--

    (1) an asylee;

    (2) a refugee;

    (3) an individual issued a visa to remain in the United 
 States;

    (4) an alien classified as a nonimmigrant under any 
 subparagraph of 

section 101

    (a)

    (15) of the Immigration and 
 Nationality Act (8 U.S.C. 1101

    (a)

    (15) );

    (5) an alien to whom deferred action has been granted 
 pursuant to the Deferred Action for Childhood Arrivals policy 
 announced by the Secretary of Homeland Security on June 15, 
 2012; or

    (6) an alien present in the United States without lawful 
 status under the immigration laws (as such term is defined in 
 

section 101

    (a) of the Immigration and Nationality Act (8 U.S.C. 
 1101

    (a) )).

 Passed the House of Representatives June 6, 2025.

 Attest:

 KEVIN F. MCCUMBER,

 Clerk.