"The House Committee on Small Business Reports Five Bills Favorably to the House"
Summary
A House Committee on Small Business press release dated July 22, 2025 on a full committee markup led by Congressman Pete Stauber (MN-08) at which all five bills considered were passed, with a statement from Chairman Roger Williams (TX-25). H.R. 2066, the Investing in All of America Act of 2025, H.R. 4549, the Office of Rural Affairs Enhancement Act, and H.R. 4491, the SBA IT Modernization Reporting Act of 2025, were each reported favorably 23 Yea, 0 Nay. H.R. 4495, the SBA Fraud Enforcement Extension Act, extends the statute of limitations on COVID-19 era fraud in the Shuttered Venue Operators Grant and Restaurant Revitalization Fund programs to 10 years and was also reported 23 Yea, 0 Nay. H.R. 3174, the Made in America Manufacturing Finance Act of 2025, raises the 7(a) and 504 loan limit for small manufacturers to $10 million and passed by voice.
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Full text
The House Committee on Small Business Reports Five Bills Favorably to the House July 22, 2025 WASHINGTON, D.C. – Today, Congressman Pete Stauber (MN-08), led a full Committee markup where all five bills considered were passed by the Committee. Congressman Roger Williams (TX-25), Chairman of the House Committee on Small Business, issued the following statement after today’s markup. “The bills passed out of the Committee build on the momentum created by President Trump’s pro-business policies,” said Chairman Williams. “Members on both sides of the aisle have delivered for small businesses across America by revitalizing American manufacturing, safeguarding taxpayer dollars, and encouraging investments in rural areas and critical technology. Together, with the Trump Administration, we are ushering in the Golden Age of Main Street America.” H.R. 2066: “Investing in All of America Act of 2025” – introduced by Rep. Dan Meuser (R-PA). The bill incentivizes Small Business Investment Company programs to employ additional capital in manufacturing sectors, rural areas, and critical national defense technologies. Adopted and Reported Favorably to the House: 23 Yea, 0 Nay. H.R. 4549: “Office of Rural Affairs Enhancement Act” – introduced by Rep. Goodlander (D-NH) The bill updates and strengthens the Office of Rural Affairs within the SBA by setting clear qualifications for the head of the office, the Assistant Administrator, and clarifying the responsibilities of the office to better serve rural small businesses. Adopted and Reported Favorably to the House: 23 Yea, 0 Nay. H.R. 4495: “SBA Fraud Enforcement Extension Act” – introduced by Rep. Downing (R-MT) The bill cracks down on fraud and abuses within the SBA’s Shuttered Venue Operators Grant and Restaurant Revitalization Fund programs by extending the statute of limitations on COVID-19 era fraud and abuse to 10 years. Adopted and Reported Favorably to the House: 23 Yea, 0 Nay. H.R. 4491: “SBA IT Modernization Reporting Act of 2025” – introduced by Rep. Cisneros (D-CA). The bill requires the SBA to create a detailed implementation plan of the recommendations from a Government Accountability Office (GAO) report to improve IT risk management, cybersecurity, project scheduling, and cost estimation. Adopted and Reported Favorably to the House: 23 Yea, 0 Nay. H.R. 3174: “Made in America Manufacturing Finance Act of 2025” – introduced by Rep. Williams (R-TX). The bill increases the loan limit for small American manufacturers under the SBA’s 7(a) and 504 lending programs to $10 million, empowering the SBA to meet the capital needs of domestic manufacturers and supercharge the return of Made in America. Adopted and Reported Favorably to the House: Passed by voice.
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