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S. 901

U.S. SenateIn Senate Committee

Summary

S. 901, the LIONs Act of 2025, was introduced in the Senate on Mar 6, 2025 by Sen. Thom Tillis (R) with 1 co-sponsor. It was referred to Small Business And Entrepreneurship, and last saw action on Jul 30, 2025: Referred to the Committee on Small Business and Entrepreneurship.


Record

Text

S. 901 has 1 co-sponsor.

sb901/introduced-in-senate.txt
119 S901 IS: Loans In Our Neighborhoods Act of 2025
U.S. Senate
2025-03-06
text/xml
EN
Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
II 119th CONGRESS 1st Session S. 901 IN THE SENATE OF THE UNITED STATES March 6, 2025 Mr. Tillis introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs A BILL
To amend the Small Business Act and the Small Business Investment Act of 1958 to increase the maximum loan amount for certain loans, and for other purposes.
1.
Short title
This Act may be cited as the Loans In Our Neighborhoods Act of 2025 or the LIONs Act of 2025 .
2.
Maximum loan amount for a 7
(a) loan
Section 7(a)(3)(A) of the Small Business Act ( 15 U.S.C. 636(a)(3)(A) ) is amended by striking $3,750,000 (or if the gross loan amount would exceed $5,000,000) and inserting $7,500,000 (or if the gross loan amount would exceed $10,000,000) .
3.
Maximum loan amount for a development company loan
Section 502(2)(A) of the Small Business Investment Act of 1958 ( 15 U.S.C. 696(2)(A) ) is amended—
(1)
by striking $5,000,000 each place it appears and inserting $10,000,000 ; and
(2)
by striking $5,500,000 each place it appears and inserting $10,000,000 .

Tracker

The tracker indicates the progress of this legislation as it moves through the legislative process.

  1. Introduced2025-03-06
  2. Passed Senate
  3. Passed House
  4. Conference
  5. To President
  6. Became Law

A bill to amend the Small Business Act and the Small Business Investment Act of 1958 to increase the maximum loan amount for certain loans, and for other purposes.

Sponsors

Sen. Thom Tillis (R) sponsors S. 901, and 1 member has co-sponsored it.

Committees

S. 901 went before 2 committees: Small Business and Entrepreneurship and Banking, Housing, and Urban Affairs.

Small Business and Entrepreneurship
Small Business and Entrepreneurship
Referred To · Jul 30, 2025 · 80 Bills
Banking, Housing, and Urban Affairs
Banking, Housing, and Urban Affairs
Discharged From · Jul 30, 2025 · 465 Bills

Actions

S. 901 has taken 4 actions since Mar 6, 2025, the latest on Jul 30, 2025.

ChamberAction
Jul 30, 2025
Senate
Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent.Banking, Housing, and Urban Affairs Committee
Jul 30, 2025
Senate
Referred to the Committee on Small Business and Entrepreneurship.Small Business and Entrepreneurship Committee
Mar 6, 2025
Senate
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.Banking, Housing, and Urban Affairs Committee
Mar 6, 2025
Introduced in Senate

Votes

S. 901 has not gone to a roll call.

2 bills are related to S. 901.

Titles

S. 901 goes by 4 titles, 2 of them short titles.

  • LIONs Act of 2025 — Display Title
  • LIONs Act of 2025 — Short Title(s) as Introduced
  • Loans In Our Neighborhoods Act of 2025 — Short Title(s) as Introduced
  • A bill to amend the Small Business Act and the Small Business Investment Act of 1958 to increase the maximum loan amount for certain loans, and for other purposes. — Official Title as Introduced

Lobbying

4 clients hired 3 firms and 5 registered lobbyists who named S. 901 in 12 quarterly filings, 2025 to 2026. Reported under the Lobbying Disclosure Act; a filing’s income covers everything its registrant worked that quarter, so the amounts below are the filings’, not this bill’s.

Filed under Taxation/Internal Revenue Code, Banking, Small Business, Defense, Travel/Tourism, Trade (domestic/foreign), Telecommunications, Budget/Appropriations.

Clients

Who paid to be heard, by how many filings named the bill.

ClientBusinessStateFirmsFilingsReported
SIX CONTINENTS HOTELS, INC.Hotel and LodgingGeorgia15
AMERICAN ASSOCIATION OF FRANCHISEE & DEALERSThey organize and represent franchise owners and dealers.Connecticut14$35K
ASIAN AMERICAN HOTEL OWNERS ASSOCIATION (AAHOA)Trade Association for Hotel Owners.District of Columbia12$15.7K
NATIONAL ASSOCIATION OF GOVERNMENT GUARANTEED LENDERS INCTexas11

Firms

Registrants who filed on the bill, by filings.

Lobbyists

Named on the filings that cite the bill.

Filings

The documents themselves, on the Senate’s Lobbying Disclosure site, largest reported first.

ClientRegistrantPeriodReportedDocument
SIX CONTINENTS HOTELS, INC.SIX CONTINENTS HOTELS, INC.2026 first_quarter$460K1st Quarter - Amendme…
SIX CONTINENTS HOTELS, INC.SIX CONTINENTS HOTELS, INC.2026 first_quarter$350K1st Quarter - Report
SIX CONTINENTS HOTELS, INC.SIX CONTINENTS HOTELS, INC.2025 third_quarter$230K3rd Quarter - Report
NATIONAL ASSOCIATION OF GOVERNMENT GUARANTEED LENDERS INCNATIONAL ASSOCIATION OF GOVERNMENT GUARANTEED LENDERS, INC.2026 second_quarter$180K2nd Quarter - Report
SIX CONTINENTS HOTELS, INC.SIX CONTINENTS HOTELS, INC.2025 fourth_quarter$170K4th Quarter - Report
SIX CONTINENTS HOTELS, INC.SIX CONTINENTS HOTELS, INC.2026 second_quarter$100K2nd Quarter - Report
AMERICAN ASSOCIATION OF FRANCHISEE & DEALERSFRANCHISEE ADVOCACY CONSULTING2026 second_quarter$9K2nd Quarter - Report
ASIAN AMERICAN HOTEL OWNERS ASSOCIATION (AAHOA)FRANCHISEE ADVOCACY CONSULTING2026 first_quarter$9K1st Quarter - Report
AMERICAN ASSOCIATION OF FRANCHISEE & DEALERSFRANCHISEE ADVOCACY CONSULTING2026 first_quarter$9K1st Quarter - Report
AMERICAN ASSOCIATION OF FRANCHISEE & DEALERSFRANCHISEE ADVOCACY CONSULTING2025 fourth_quarter$9K4th Quarter - Report
AMERICAN ASSOCIATION OF FRANCHISEE & DEALERSFRANCHISEE ADVOCACY CONSULTING2025 third_quarter$8K3rd Quarter - Report
ASIAN AMERICAN HOTEL OWNERS ASSOCIATION (AAHOA)FRANCHISEE ADVOCACY CONSULTING2026 second_quarter$6.7K2nd Quarter - Report

Classification

The Congressional Research Service files S. 901 under Commerce, one of its 31 policy areas.

CRS Subjects

CRS assigns every bill one policy area from its 31; S. 901’s is Commerce.

s901/policy-areas.txt
CommerceAgriculture and FoodAnimalsArmed Forces and National SecurityArts, Culture, ReligionCivil Rights and Liberties, Minority IssuesCongressCrime and Law EnforcementEconomics and Public FinanceEducationEmergency ManagementEnergyEnvironmental ProtectionFamiliesFinance and Financial SectorForeign Trade and International FinanceGovernment Operations and PoliticsHealthHousing and Community DevelopmentImmigrationInternational AffairsLabor and EmploymentLawNative AmericansPublic Lands and Natural ResourcesScience, Technology, CommunicationsSocial WelfareSports and RecreationTaxationTransportation and Public WorksWater Resources Development

Source: congress.gov · legiscan.com