The Small Business Lending Fraud Prevention Act requires employees of the Small Business Administration (SBA) who are involved in the processing of SBA loans to confirm in writing that they have no conflicts of interest before they participate in the loan process. If any conflicts arise after this certification, they must disclose them. The SBA is tasked with creating regulations to enforce these requirements.
H.R. 7401 was introduced in the 119th Congress by Daniel Meuser (Republican) and is currently listed as “Passed House”. It is classified under the Commerce policy area, one of 130 bills in that area we track this Congress.
Daniel Meuser is the sponsor of 3 bills in our database this Congress, so H.R. 7401 is part of a broader legislative agenda rather than a one-off proposal.
The most significant recorded vote (House, June 24, 2026) ended 415–0.
Senate lobbying disclosures list 15 organizations lobbying on this bill’s issue area.
Our conflict-of-interest analysis rates H.R. 7401 2/10 (low risk), higher than 76% of analyzed bills; the average in Commerce is 2.1/10.
Supporters of the Small Business Lending Fraud Prevention Act have praised it as a necessary step to enhance transparency and integrity within the SBA loan process, aiming to protect small businesses from potential fraud and ensuring that loan decisions are made fairly and without bias.
Critics of the Small Business Lending Fraud Prevention Act argue that the additional certification requirements may slow down the loan approval process and create unnecessary bureaucratic hurdles for SBA employees, potentially harming small businesses that rely on timely access to funding.
The Small Business Lending Fraud Prevention Act, sponsored by Daniel Meuser, does not show any direct industry overlaps with the sponsor's top donor industries, which are primarily Health Professionals and Retired individuals. The total contributions from these sectors amount to $315,000,000, but they do not appear to have a direct stake in the subject matter of small business lending. Additionally, the lobbying activity in this policy area involves companies like Alibaba and Tencent, which are not connected to the sponsor's donor industries. This lack of overlap suggests a lower risk of conflicts of interest, as the financial interests of the donors do not directly influence the legislative agenda of this bill. Voters should be aware that while there is significant financial backing from certain industries, it does not correlate with the bill's focus on small business lending fraud prevention.
Organizations that lobbied on issues related to this bill's policy area.
| Client | Lobbying Firm | Amount |
|---|---|---|
| TENCENT AMERICA, LLC | BROWNSTEIN HYATT FARBER SCHRECK, LLP | $200,000 |
| ALIBABA GROUP HOLDING LIMITED | BROWNSTEIN HYATT FARBER SCHRECK, LLP | $80,000 |
| B&H FOTO & ELECTRONICS CORP | STONINGTON GLOBAL | $75,000 |
| CTIA-THE WIRELESS ASSOCIATION | MINTZ LEVIN COHN FERRIS GLOVSKY AND POPEO, P.C. | $60,000 |
| NORTH AMERICAN RESCUE, LLC | NORTH AMERICAN RESCUE, LLC | $10,000 |
| SULLIVAN STRATEGIES OBO ODOT | COLUMBIA STRATEGIC COUNSEL | $10,000 |
| ACT FOR AMERICA | ACT FOR AMERICA | $10,000 |
| ALIBABA GROUP HOLDING LIMITED | MERCURY PUBLIC AFFAIRS, LLC | undisclosed |
| TENCENT AMERICA LLC | MERCURY PUBLIC AFFAIRS, LLC | undisclosed |
| XTAR LLC | THE MADISON GROUP | undisclosed |
| ALLERGY & ASTHMA NETWORK | ALLERGY & ASTHMA NETWORK | undisclosed |
| ARDMORE CONSULTING GROUP, INC | BRADLEY ARANT BOULT CUMMINGS LLP | undisclosed |
| T-MOBILE USA, INC. | ALPINE ADVISORS | undisclosed |
| AXON ENTERPRISE, INC. | ALPINE GROUP PARTNERS, LLC. | undisclosed |
| PLAYPOWER, INC. | MILLER STRATEGIES, LLC | undisclosed |
Source: Senate Lobbying Disclosure Act (LDA) filings, 2026
Top industries funding Daniel Meuser, ranked by total contributions.
Source: OpenSecrets.org (Center for Responsive Politics)
Source: GovTrack.us roll call vote data.
What does H.R. 7401 do?
The Small Business Lending Fraud Prevention Act requires employees of the Small Business Administration (SBA) who are involved in the processing of SBA loans to confirm in writing that they have no conflicts of interest before they participate in the loan process. If any conflicts arise after this certification, they must disclose them. The SBA is tasked with creating regulations to enforce these…
How did Congress vote on H.R. 7401?
The most significant recorded vote (House, June 24, 2026) ended 415–0.
Does H.R. 7401 have a conflict of interest?
Our conflict-of-interest analysis rates H.R. 7401 2/10 (low risk), higher than 76% of analyzed bills; the average in Commerce is 2.1/10. This score reflects overlap between the sponsor’s campaign funding, lobbying activity, and the industries the bill affects. It is a transparency indicator, not an accusation.
What is the status of H.R. 7401?
H.R. 7401 is currently “Passed House” as of our last update on June 27, 2026.
Who sponsored H.R. 7401?
H.R. 7401 was sponsored by Daniel Meuser (Republican).
