H.R. 2966House119th Congress (2025-2027)Passed House

American Entrepreneurs First Act of 2025

Introduced April 17, 2025

AI-Generated Summary

Updated November 24, 2025 at 1:01 AM UTC

The American Entrepreneurs First Act of 2025 directs the Small Business Administration to verify the citizenship or lawful permanent resident status of anyone applying for certain SBA loans. It bars individuals and businesses owned by non‑citizens, non‑permanent residents, or other listed “ineligible persons” from receiving those loans. The rule applies to new loan applications submitted after the law takes effect.

Key Provisions

  • The SBA must require loan applicants (both individuals and businesses) to provide date of birth and certify that they are U.S. citizens, nationals, or lawful permanent residents.
  • Businesses applying for loans must be 100% owned by individuals who meet the citizenship or lawful permanent resident criteria.
  • Applicants must supply the alien registration number for any lawful permanent resident involved.
  • Anyone classified as an “ineligible person” – including asylees, refugees, visa holders, non‑immigrants, DACA recipients, or undocumented immigrants – cannot receive the loan.
  • If an application submitted after this law’s effective date lacks the required information, the applicant is automatically disqualified.

Legislative Activity

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14 earlier actions
SenateIntro Referral Latest Action

Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.

June 9, 2025

View full timeline
HouseIntro Referral

Introduced in House

April 17, 2025

HouseIntro Referral

Referred to the House Committee on Small Business.

April 17, 2025

HouseCommittee

Committee Consideration and Mark-up Session Held

April 30, 2025

HouseCommittee

Ordered to be Reported (Amended) by the Yeas and Nays: 15 - 11.

April 30, 2025

HouseCommittee

Reported (Amended) by the Committee on Small Business. H. Rept. 119-112.

May 21, 2025

HouseCalendars

Placed on the Union Calendar, Calendar No. 83.

May 21, 2025

HouseFloor

Rules Committee Resolution H. Res. 458 Reported to House. Rule provides for consideration of H.R. 2483, H.R. 2931, H.R. 2966 and H.R. 2987. The resolution provides for consideration of H.R. 2483 under a structured rule and for consideration of H.R. 2931, H.R. 2966, and H.R. 2987 under a closed rule. The resolution provides for one hour of debate and one motion to recommit on each bill.

June 3, 2025 • 7:20 PM

HouseFloor

Considered under the provisions of rule H. Res. 458. (consideration: CR H2510-2515)

June 6, 2025 • 9:14 AM

HouseFloor

Rule provides for consideration of H.R. 2483, H.R. 2931, H.R. 2966 and H.R. 2987. The resolution provides for consideration of H.R. 2483 under a structured rule and for consideration of H.R. 2931, H.R. 2966, and H.R. 2987 under a closed rule. The resolution provides for one hour of debate and one motion to recommit on each bill.

June 6, 2025 • 9:14 AM

HouseFloor

DEBATE - The House proceeded with one hour of debate on H.R. 2966.

June 6, 2025 • 9:15 AM

HouseFloor

The previous question was ordered pursuant to the rule.

June 6, 2025 • 9:42 AM

HouseFloor

Passed/agreed to in House: On passage Passed by the Yeas and Nays: 217 - 190 (Roll no. 156).

June 6, 2025 • 10:17 AM

HouseFloor

On passage Passed by the Yeas and Nays: 217 - 190 (Roll no. 156). (text: CR H2510-2511)

June 6, 2025 • 10:17 AM

HouseFloor

Motion to reconsider laid on the table Agreed to without objection.

June 6, 2025 • 10:17 AM

SenateIntro Referral

Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.

June 9, 2025

Floor Debate

21 members

What members said about H.R. 2966 on the floor

9 Republicans12 Democrats
James P. McGovern
Rep. James P. McGovernD-MA-2 · Jun 4, 2025

Mr. Speaker, I thank the gentlewoman from Minnesota for yielding me the customary 30 minutes, and I yield myself such time as I may consume. Mr. Speaker, last time Members were here, House…

Michelle Fischbach
Rep. Michelle FischbachR-MN-7 · Jun 4, 2025

Mr. Speaker, by direction of the Committee on Rules, I call up House Resolution 458 and ask for its immediate consideration. Mr. Speaker, for the purpose of debate only, I yield the customary 30…

Nydia M. Velázquez
Rep. Nydia M. VelázquezD-NY-7 · Jun 6, 2025

Mr. Speaker, I yield myself such time as I may consume. Mr. Speaker, I rise in strong opposition to H.R. 2966, the American Entrepreneurs First Act. If we really wanted to put American entrepreneurs…

Nydia M. Velázquez
Rep. Nydia M. VelázquezD-NY-7 · Jun 5, 2025

Mr. Speaker, I yield myself such time as I may consume. Mr. Speaker, I rise in strong opposition to H.R. 2931. This bill is not about improving the SBA or expanding support for small businesses. It…

Jeff Crank
Rep. Jeff CrankR-CO-5 · Jun 5, 2025

Mr. Speaker, I thank the chairman for yielding me time. Mr. Speaker, I rise today in strong support of H.R. 2931. We have allowed sanctuary cities to openly defy Federal immigration law for far too…

Show 8 more
George Latimer
Rep. George LatimerD-NY-16 · Jun 5, 2025

Mr. Speaker, I thank the ranking member for yielding me time. Mr. Speaker, my district has over 30,000 small businesses, from restaurants and small grocery stores in New Rochelle to construction…

Mark Alford
Rep. Mark AlfordR-MO-4 · Jun 5, 2025

Mr. Speaker, I thank the chairman for this important piece of legislation. I thank the ranking member for her passion and her concern for small businesses in America. Mr. Speaker, I rise today in…

Roger Williams
Rep. Roger WilliamsR-TX-25 · Jun 5, 2025

Mr. Speaker, pursuant to House Resolution 458, I call up the bill (H.R. 2931) to direct the Administrator of the Small Business Administration to relocate certain offices of the Small Business…

Emilia Strong Sykes
Rep. Emilia Strong SykesD-OH-13 · Jun 4, 2025

Mr. Speaker, today, I rise to talk about an issue that touches every community in this country, mental health. More than one in five adults in the United States lives with a mental illness. These are…

Beth Van Duyne
Rep. Beth Van DuyneR-TX-24 · Jun 6, 2025

Mr. Speaker, I thank the gentleman for yielding. Mr. Speaker, in the past 107 days since President Trump was inaugurated and Administrator Loeffler took the helm at the Small Business Administration,…

Johnny Olszewski, Jr.
Rep. Johnny Olszewski, Jr.D-MD-2 · Jun 4, 2025

Mr. Speaker, I thank my friend and colleague from Massachusetts for the time and for offering this bill, which is simple. It would block any budget reconciliation language in the House or Senate that…

LaMonica McIver
Rep. LaMonica McIverD-NJ-10 · Jun 5, 2025

Mr. Speaker, I thank the ranking member for yielding me the time. My colleague across the aisle, obviously, wants us to be ``sleep'' because that is the opposite of being woke. I guess my colleagues…

J. Luis Correa
Rep. J. Luis CorreaD-CA-46 · Jun 5, 2025

Mr. Speaker, first of all, let me begin by thanking the chair and the ranking member for their interest in good, managed, efficient SBA offices. They are Federal taxpayer dollars being invested to…

Show 11 more
Roger Williams
Rep. Roger WilliamsR-TX-25 · Jun 6, 2025

Mr. Speaker, pursuant to House Resolution 458, I call up the bill (H.R. 2966) to require the Administrator of the Small Business Administration to require an applicant for certain loans of the…

Brad Finstad
Rep. Brad FinstadR-MN-1 · Jun 4, 2025

Mr. Speaker, I thank my good friend and colleague from Minnesota for yielding. Mr. Speaker, I rise today in support of this rule and the underlying bill, H.R. 2931, the Save SBA from Sanctuary Cities…

LaMonica McIver
Rep. LaMonica McIverD-NJ-10 · Jun 6, 2025

Mr. Speaker, I thank my amazing Ranking Member Velazquez for yielding. Mr. Speaker, I rise today in strong opposition to H.R. 2966, a bill that does not serve our small business community, despite…

Sydney Kamlager-Dove
Rep. Sydney Kamlager-DoveD-CA-37 · Jun 4, 2025

Mr. Speaker, I thank my colleague from Massachusetts for yielding to me. I rise in strong opposition to this rule and to the divisive, destructive bills that it brings to the floor, especially H.R.…

Gilbert Ray Cisneros, Jr.
Rep. Gilbert Ray Cisneros, Jr.D-CA-31 · Jun 5, 2025

Mr. Speaker, I thank the ranking member for her leadership on this issue and in the committee. Mr. Speaker, this legislation does not actually address the safety of the SBA. Workers are small…

Melanie A. Stansbury
Rep. Melanie A. StansburyD-NM-1 · Jun 4, 2025

Mr. Speaker, I find it laughable that for the last several decades, the GOP has branded themselves as the party of fiscal responsibility and economic development when they are trying to pass a bill…

Pete Stauber
Rep. Pete StauberR-MN-8 · Jun 4, 2025

Mr. Speaker, this is an important topic. As a former police officer in Duluth, Minnesota, one of the worst calls an officer can get is an overdose. When they go there, the individual is deceased.…

Michael Cloud
Rep. Michael CloudR-TX-27 · Jun 6, 2025

Mr. Speaker, today the House advances another pillar of President Trump's America First agenda with the passage of the American Entrepreneurs First Act of 2025. This bill ensures that taxpayer-funded…

Mike Thompson
Rep. Mike ThompsonD-CA-4 · Jun 4, 2025

Mr. Speaker, today I did not vote on Roll Call Nos. 148 and 149, as I was meeting with constituents. Had I been present, I would have voted NO on Roll Call No. 148, Ordering the previous question of…

Abraham J. Hamadeh
Rep. Abraham J. HamadehR-AZ-8 · Jun 20, 2025

Mr. Speaker, due to attending a funeral, I was unable to be present for Roll Call No. 156 on H.R. 2966, the American Entrepreneurs First Act. Had I been present, I would have voted YEA on Roll Call…

Gwen Moore
Rep. Gwen MooreD-WI-4 · Jun 6, 2025

Mr. Speaker, I missed the Roll Call today. Had I been present, I would have voted NAY on Roll Call No. 156, H.R. 2966.

Bill Text

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Referred in SenateIssued June 9, 2025

IIB

119th CONGRESS

1st Session

H. R. 2966

IN THE SENATE OF THE UNITED STATES

June 9, 2025

Received; read twice and referred to the Committee on Small Business and Entrepreneurship

AN ACT

To require the Administrator of the Small Business Administration to require an applicant for certain loans of the Administration to provide certain citizenship status documentation, and for other purposes.

1.

Short title

This Act may be cited as the American Entrepreneurs First Act of 2025.

2.

Requirements for citizenship status documentation for certain loan programs of the Small Business Administration

(a)

In general

The Administrator of the Small Business Administration shall ensure that any application for a loan submitted under section 7(a) of the Small Business Act (15 U.S.C. 636(a)) or title V of the Small Business Investment Act of 1958 (15 U.S.C. 695 et seq.) includes the following information:

(1)

The date of birth for each individual applicant for such loan or for each individual owner of an applicant concern.

(2)

Certification that—

(A)

an individual applicant for such loan is a citizen of the United States, a national of the United States, or a lawful permanent resident of the United States; or

(B)

an applicant concern for such loan or a guarantor for such loan is 100 percent beneficially owned by individuals who are either citizens of the United States, nationals of the United States, or lawful permanent residents of the United States.

(3)

Certification that no direct or indirect owner of an applicant concern for such loan is an ineligible person.

(4)

Documentation of the alien registration number of any lawful permanent resident who is—

(A)

an individual applicant for such loan; or

(B)

an owner of an applicant concern.

(b)

Prohibition

An applicant for a loan under section 7(a) of the Small Business Act (15 U.S.C. 636(a)) or title V of the Small Business Investment Act of 1958 (15 U.S.C. 695 et seq.) is ineligible for such loan if—

(1)

the applicant submits the application for such loan after the date of the enactment of this Act and such application does not contain the information required under subsection (a);

(2)

in the case such applicant is an applicant concern, any direct or indirect owner of such applicant concern is an ineligible person; or

(3)

in the case such applicant is an individual applicant, such applicant is an ineligible person.

(c)

Ineligible person defined

In this Act, the term ineligible person means—

(1)

an asylee;

(2)

a refugee;

(3)

an individual issued a visa to remain in the United States;

(4)

an alien classified as a nonimmigrant under any subparagraph of section 101(a)(15) of the Immigration and Nationality Act (8 U.S.C. 1101(a)(15));

(5)

an alien to whom deferred action has been granted pursuant to the Deferred Action for Childhood Arrivals policy announced by the Secretary of Homeland Security on June 15, 2012; or

(6)

an alien present in the United States without lawful status under the immigration laws (as such term is defined in section 101(a) of the Immigration and Nationality Act (8 U.S.C. 1101(a))).

Passed the House of Representatives June 6, 2025.

Kevin F. McCumber,

Clerk.