[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2966 Referred in Senate (RFS)]

<DOC>
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.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

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

SEC. 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.

            Attest:

                                             KEVIN F. MCCUMBER,

                                                                 Clerk.