HR 5788
Passed a chamber
Requires the Small Business Administration to analyze the risk of its 504 loan guarantee portfolio each year and report the results to Congress and the public.
Official title: 504 Program Risk Oversight Act
Timeline each lane is a chamber; dates pull from congress.gov actions
House
Introduced
17-OCT-2025
Referred
17-OCT-2025
Approved by committee
18-NOV-2025
Reported
12-DEC-2025
On the calendar
12-DEC-2025
Passed
20-JAN-2026
Senate
Received
26-JAN-2026
- Requires the SBA Administrator to analyze overall and industry-level risk across all 504 loan guarantees each year and report the results to Congress.
- Breaks down risk by loan size, loan age, and whether the borrower is a business under two years old, without naming individual lenders.
- Covers loan defaults, SBA purchases of defaulted loans, recoveries, charge-offs, enforcement actions, and civil penalties.
- Sets the first report deadline as December 1, 2025, and requires the SBA to post each report on its website within 7 days of submitting it.
Covers an older version. The newest CRS summary describes the bill as of "Reported to House" (12-DEC-2025); the text has changed since (Engrossed in House, 20-JAN-2026).
CRS is the Library of Congress's nonpartisan research office. Read it on congress.gov- Small Business Committee (House)
- Small Business and Entrepreneurship Committee (Senate)
Commerce
■ 2 D■ 1 R
2 Democrats
1 Republican