House Bill 5788
119th Congress(2025-2026)
504 Program Risk Oversight Act
Active
Passed House on Jan 20, 2026
Bill Intelligence
The "504 Program Risk Oversight Act" amends the Small Business Investment Act of 1958 to require the Administrator to conduct an annual risk analysis of the Administration's loan portfolio. The report to Congress must include analyses of program risk, industry concentration, and loan specifics, along with steps taken to mitigate risks, loan and enforcement action statistics, and definitions of terms used in the analysis. The Administrator must make the report publicly available on the Administration's website within 7 days of submission to Congress.
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Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
5788
Congress
119
Policy Area
Commerce
Commerce
Primary focus of measure is business investment, development, regulation; small business; consumer affairs; competition and restrictive trade practices; manufacturing, distribution, retail; marketing; intellectual property. Measures concerning international competitiveness and restrictions on imports and exports may fall under Foreign Trade and International Finance policy area.
checkPassed on January 20, 2026
Status
Passed
Type
Voice Vote
Voice Vote
A vote in which the presiding officer states the question, then asks those in favor and against to say "Yea" or "Nay," respectively, and announces the result according to his or her judgment. The names or numbers of senators voting on each side are not recorded.
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H933)
Summary
Unavailable
January 26, 2026
January 20, 2026
December 12, 2025
October 17, 2025
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01/26/2026
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
01/20/2026
Motion to reconsider laid on the table Agreed to without objection.
01/20/2026
On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H933)
01/20/2026
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H933)
01/20/2026
DEBATE - The House proceeded with forty minutes of debate on H.R. 5788.
01/20/2026
Considered under suspension of the rules. (consideration: CR H932-934)
01/20/2026
Mr. Williams (TX) moved to suspend the rules and pass the bill.
12/12/2025
Placed on the Union Calendar, Calendar No. 352.
12/12/2025
Reported by the Committee on Small Business. H. Rept. 119-404.
11/18/2025
Ordered to be Reported by the Yeas and Nays: 27 - 0.
11/18/2025
Committee Consideration and Mark-up Session Held
10/17/2025
Referred to the House Committee on Small Business.
10/17/2025
Introduced in House
Public Record
Record Updated
Jan 30, 2026 4:08:16 AM