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To promote fair and equal treatment by the Administrator of the Small Business Administration with respect to certain firearms industry applicants for assistance, and for other purposes.
Summary
- Defines firearm entities to include manufacturers, distributors, retailers, and entities engaged in design, marketing, or sale of firearms, ammunition, firearm components, and firearm-related accessories.
- Defines firearm entity affiliates to include shooting ranges and entities providing instruction on the lawful use of firearms that are affiliated with firearm entities.
- Defines firearm trade associations as organizations representing firearm entities and firearm entity affiliates.
- Prohibits the Small Business Administration Administrator from adopting policies, practices, guidance, or directives that discriminate against firearm entities, firearm entity affiliates, or firearm trade associations in providing financial assistance.
- Applies the non-discrimination requirement to all Small Business Administration financial assistance including loans and loan guarantees under the Small Business Act and Small Business Investment Act of 1958.
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)
- Sen. Risch, James E. [R-ID] (R-ID)
19 cosponsors
- Sen. Blackburn, Marsha [R-TN] (R-TN)
- Sen. Budd, Ted [R-NC] (R-NC)
- Sen. Capito, Shelley Moore [R-WV] (R-WV)
- Sen. Cassidy, Bill [R-LA] (R-LA)
- Sen. Crapo, Mike [R-ID] (R-ID)
- Sen. Daines, Steve [R-MT] (R-MT)
- Sen. Fischer, Deb [R-NE] (R-NE)
- Sen. Graham, Darline [R-SC] (R-SC)
- Sen. Graham, Lindsey [R-SC] (R-SC)
- Sen. Hyde-Smith, Cindy [R-MS] (R-MS)
- Sen. Justice, James C. [R-WV] (R-WV)
- Sen. Kennedy, John [R-LA] (R-LA)
- Sen. Lankford, James [R-OK] (R-OK)
- Sen. Lee, Mike [R-UT] (R-UT)
- Sen. Lummis, Cynthia M. [R-WY] (R-WY)
- Sen. Scott, Tim [R-SC] (R-SC)
- Sen. Sheehy, Tim [R-MT] (R-MT)
- Sen. Sullivan, Dan [R-AK] (R-AK)
- Sen. Tuberville, Tommy [R-AL] (R-AL)
Money behind the sponsor
Top reported contributors to James E. Risch’s campaign committee (2024 cycle) — who funds the bill’s sponsor, not a claim about this bill. Data from FEC.
- ALPHA SERVICES LLC $10,000
- 1ST FINANCIAL BANK USA $6,600
- CIVIC SERVICE INC. $6,600
- SINCLAIR COMPANIES $6,600
- SOROBAN CAPITAL PARTNERS LP $6,600
Organizations whose employees gave the most — itemized individual contributions grouped by the donor’s reported employer (FEC Schedule A). Full finance for James E. Risch → · Outside spending →
Actions (2)
- Jul 31, 2025 Read twice and referred to the Committee on Small Business and Entrepreneurship. · senate
- Jul 31, 2025 Introduced in Senate
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.
Text versions (1)
Bills are re-published as they move (Introduced → Reported → Engrossed → Enrolled …). Each stage below is a separate text; pick two to see what changed. Data from Congress.gov.
Full text
IN THE SENATE OF THE UNITED STATES
July 31, 2025
Mr. Risch (for himself, Mr. Justice, Mr. Daines, Mrs. Hyde-Smith, Mr. Crapo, Mr. Lee, Ms. Lummis, Mrs. Capito, Mr. Cassidy, Mr. Graham, Mrs. Fischer, Mr. Sheehy, Mr. Scott of South Carolina, Mr. Budd, Mr. Kennedy, Mrs. Blackburn, Mr. Lankford, and Mr. Tuberville) introduced the following bill; which was read twice and referred to the Committee on Small Business and Entrepreneurship
A BILL
To promote fair and equal treatment by the Administrator of the Small Business Administration with respect to certain firearms industry applicants for assistance, 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 “Equal Shot Act of 2025”.
SEC. 2. DEFINITIONS.
In this Act:
(1) Firearm entity.—The term “firearm entity” means an entity engaged in the design, manufacture, marketing, distribution, importation, promotion, or sale of firearms, ammunition, any component part of a firearm or ammunition, or any part, combination of parts, or components of attachments, accessories, or other instruments associated with the use of firearms (including scopes, sights, optics, stocks, grips, stabilizing braces, mounts, weapon mounted lights, multifunction aiming lights, silencers, magazines, clips, feed strips, any other ammunition feeding device, holsters, slings, secure gun storage or safety devices (as defined in section 921(a) of title 18, United States Code), firearm cleaning kits, range equipment, and other related products).
(2) Firearm entity affiliate.—The term “firearm entity affiliate” means a sport shooting range, an entity providing course of instruction on the lawful use of firearms, and any other entity that is affiliated, associated, or connected with a firearm entity.
(3) Firearm trade association.—The term “firearm trade association” means an organization that represents a firearm entity or firearm entity affiliate.
SEC. 3. TREATMENT OF CERTAIN FIREARMS INDUSTRY APPLICANTS FOR ASSISTANCE BY THE SMALL BUSINESS ADMINISTRATION.
The Administrator of the Small Business Administration may not adopt any policy, practice, guidance, or directive that discriminates against an otherwise eligible applicant for financial assistance under the Small Business Act (15 U.S.C. 631 et seq.) or the Small Business Investment Act of 1958 (15 U.S.C. 661 et seq.), including an applicant for a loan or loan guarantee, solely because the applicant is a—
(1) firearm entity;
(2) firearm entity affiliate; or
(3) firearm trade association. <all>
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