House bill · H.R. 5788 (119th Congress)
504 Program Risk Oversight Act
U.S. House of Representatives
Sponsor: Derek Tran (U.S. Representative, CA-45, Democratic)
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From Congress.gov and official rosters. This record was last updated Sep 23, 2026. About our data
Summary
504 Program Risk Oversight Act This bill requires the Small Business Administration (SBA) to annually conduct a risk analysis of all loans guaranteed under the 504 loan program. The 504 loan program provides long-term, fixed-rate financing to qualifying small businesses for major fixed assets, such as land, buildings, equipment, and machinery. The SBA must annually report the results of the risk analysis for each preceding fiscal year, including the steps taken by the SBA to mitigate the risks identified in the analysis.
Summary from the Congressional Research Service. How we handle summaries
Where it stands
Passed one of the two chambers; it still needs the other.
- Introduced
- In committee
- Up for a vote
- Passed one chamber
- Passed
- Enacted
Committee
House Committee on Small Business · U.S. House of Representatives
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Cosponsors
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Read on Congress.gov (opens in a new tab)- Democratic2
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Full history
- Jan 26, 2026
Sent to the executive
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
U.S. Senate
- Jan 26, 2026
In committee
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
U.S. House
- Jan 20, 2026
Considered Under Suspension of the rules. (consideration: cr H932-934)
Considered under suspension of the rules. (consideration: CR H932-934)
- Jan 20, 2026
Considered Under Suspension of the rules. (consideration: cr H932-934)
Considered under suspension of the rules. (consideration: CR H932-934)
- Jan 20, 2026
Debate - the House Proceeded With Forty Minutes of Debate on H.R. 5788.
DEBATE - The House proceeded with forty minutes of debate on H.R. 5788.
U.S. House of Representatives
Show full history (14 earlier events)Show less history
- Jan 20, 2026
Passed a chamber
Motion to reconsider laid on the table Agreed to without objection.
- Jan 20, 2026
Passed a chamber
Motion to reconsider laid on the table Agreed to without objection.
- Jan 20, 2026
Passed a chamber
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H933)
U.S. House of Representatives
- Dec 12, 2025
Placed on the Union Calendar, Calendar No. 352.
- Dec 12, 2025
Placed on the Union Calendar, Calendar No. 352.
- Dec 12, 2025
Reported out of committee
Reported by the Committee on Small Business. H. Rept. 119-404.
- Dec 12, 2025
Reported out of committee
Reported by the Committee on Small Business. H. Rept. 119-404.
- Nov 18, 2025
Committee vote
Committee Consideration and Mark-up Session Held
- Nov 18, 2025
Committee vote
Committee Consideration and Mark-up Session Held
- Nov 18, 2025
Reported out of committee
Ordered to be Reported by the Yeas and Nays: 27 - 0.
- Nov 18, 2025
Reported out of committee
Ordered to be Reported by the Yeas and Nays: 27 - 0.
- Nov 17, 2025
Introduced
Introduced in U.S. House
U.S. House
- Oct 17, 2025
Introduced
Introduced in House
U.S. House of Representatives
- Oct 17, 2025
Referred to committee
Referred to the House Committee on Small Business.
U.S. House of Representatives
Read the record
- Read on Congress.gov (opens in a new tab) The official record on Congress.gov.