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HJRES 207
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Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Small Business Administration relating to "Citizenship and Residency Requirements and Recission of Procedural Notice 5000-872050" and "Revised Applicant Ownership, Citizenship, and Residency Requirements for 7(a) and 504 Loans".

Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Small Business Administration relating to ``Citizenship and Residency Requirements and Recission of Procedural Notice 5000-872050'' and ``Revised Applicant Ownership, Citizenship, and Residency Requirements for 7(a) and 504 Loans''.

Introduced Jul 23, 2026

Latest action (Jul 23, 2026) Referred to the House Committee on Small Business.

Referred to
Small Business Committee
Policy area
Commerce
Issues
Immigration

Summary
  • Expresses Congress's disapproval of Small Business Administration rules relating to citizenship and residency requirements for SBA-backed loans issued on February 2 and February 11, 2026
  • Nullifies the disapproved SBA rules so they have no force or effect
  • Specifically targets rules governing applicant ownership, citizenship, and residency requirements for SBA 7(a) and 504 loan programs

AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.

Sponsor (1)

Actions (2)
  1. Jul 23, 2026 Referred to the House Committee on Small Business. · house
  2. Jul 23, 2026 Introduced in House

Similar bills (6)

Bills with similar text or summary — includes reintroductions across Congresses. Ranked by semantic similarity of the bill text (computed locally); a neutral discovery aid, not a claim the bills are duplicates.

  • SJRES 202 — A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Small Business Administration relating to "Citizenship and Residency Requirements and Recission of Procedural Notice 5000-872050" and "Revised Applicant Ownership, Citizenship, and Residency Requirements for 7(a) and 504 Loans". · Introduced Jul 23, 2026 · Cong. 119 87%
  • HJRES 181 — Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Bureau of Consumer Financial Protection relating to the withdrawal of the rule relating to "Consumer Financial Protection Circular 2022-07: Reasonable Investigation of Consumer Reporting Disputes". · Introduced May 11, 2026 · Cong. 119 71%
  • HJRES 163 — Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Bureau of Consumer Financial Protection relating to the withdrawal of the rule relating to "Application of Regulation Z's Ability-To-Repay Rule to Certain Situations Involving Successors-In-Interest". · Introduced Apr 30, 2026 · Cong. 119 70%
  • HR 8563 — Investing in the American Dream Act · Introduced Apr 28, 2026 · Cong. 119 69%
  • HJRES 161 — Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Bureau of Consumer Financial Protection relating to the withdrawal of the rule relating to "Bulletin 2012-04: Lending discrimination (April 18, 2012)". · Introduced Apr 30, 2026 · Cong. 119 68%
  • SJRES 147 — A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Bureau of Consumer Financial Protection relating to the withdrawal of the rule relating to "Statement of Policy Regarding Prohibition on Abusive Acts or Practices". · Introduced May 13, 2026 · Cong. 119 68%

Text versions (1)
  • Introduced in House · Jul 23, 2026

Only one text version is on file, so there’s no earlier version to compare against yet.

Full text

IN THE HOUSE OF REPRESENTATIVES

July 23, 2026

Ms. Velazquez submitted the following joint resolution; which was referred to the Committee on Small Business

JOINT RESOLUTION

Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Small Business Administration relating to “Citizenship and Residency Requirements and Recission of Procedural Notice 5000-872050” and “Revised Applicant Ownership, Citizenship, and Residency Requirements for 7(a) and 504 Loans”.

Resolved by the Senate and House of Representatives of the United States of America in Congress assembled, That Congress disapproves the rule submitted by the Small Business Administration relating to “Citizenship and Residency Requirements and Recission of Procedural Notice 5000-872050” (issued February 2, 2026) and “Revised Applicant Ownership, Citizenship, and Residency Requirements for 7(a) and 504 Loans” (issued February 11, 2026), determined to be a rule in a letter of opinion by the Government Accountability Office dated July 1, 2026, and printed in the Congressional Record on July 14, 2026, on pages S3929 through S3931, and such rule shall have no force or effect. <all>

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