To prohibit individuals convicted of defrauding the Government from receiving any assistance from the Small Business Administration, and for other purposes.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
This bill, To prohibit individuals convicted of defrauding the Government from receiving any assistance from the Small Business Administration, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance, Labor, Foreign Policy.
Who Benefits and How
financial institutions, investors, and borrowers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies, financial institutions, investors, and borrowers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section H159B4702DAAE444597FEDAB6B7600350: 1. Assistance prohibited after fraud conviction Section 16 of the Small Business Act (15 U.S.C. 645) is amended by adding at the end the following new...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
This bill, To prohibit individuals convicted of defrauding the Government from receiving any assistance from the Small Business Administration, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Key Policy Areas
Finance, Labor, Foreign Policy
Primary Purpose
This bill, To prohibit individuals convicted of defrauding the Government from receiving any assistance from the Small Business Administration, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Policy Domains
Whole bill
Identified Gains
- financial institutions, investors, and borrowers
Identified Costs
- federal implementing agencies
- financial institutions, investors, and borrowers
Sponsors
Legislative Progress
ReportedReceived; read twice and referred to the Committee on Small …
Reported from the Committee on Small Business; committed to the …
Mr. Williams of Texas (for himself, Mr. Mfume, and Mr. …
Stakeholder Effects
cui bono?How this legislation distributes effects. Mention counts reflect frequency, not effect magnitude.
Legitimate small businesses seeking SBA assistance, Small businesses with convicted associates (officers, directors, 20%+ owners)
Positive-direction: Legitimate small businesses seeking SBA assistance
Negative-direction: Small businesses with convicted associates (officers, directors, 20%+ owners)
Individuals convicted of COVID-19 relief fraud
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "the_administrator"
- → The Administrator identified in the operative section
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology