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S. 2486

U.S. Senate•In Senate Committee

Summary

S. 2486, the Protecting Access to Credit for Small Businesses Act, was introduced in the Senate on Jul 28, 2025 by Sen. Tim Scott (R) with 8 co-sponsors. It was referred to Small Business And Entrepreneurship, and last saw action on Jul 28, 2025: Read twice and referred to the Committee on Small Business and Entrepreneurship.

Record

Text

S. 2486 has 8 co-sponsors.

sb2486/introduced-in-senate.txt
119 S2486 IS: Protecting Access to Credit for Small Businesses Act
 U.S. Senate
 2025-07-28
 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. 2486
  IN THE SENATE OF THE UNITED STATES
  July 28, 2025
  Mr. Scott of South Carolina  (for himself,
  Mr. Budd ,  Mr.
  Barrasso ,  Mrs. Hyde-Smith ,
  Mr. Risch ,  Mr.
  Daines ,  Mr. Scott of Florida ,
  Mr. Cramer , and  Mr. Crapo ) introduced the following bill; which was read twice and
  referred to the  Committee on Small Business
  and Entrepreneurship
  A BILL
To prohibit the Administrator of the Small Business Administration from
  directly making loans under the 7(a) loan program, and for other
  purposes.
1.
Short title
This Act may be cited as the   Protecting Access to Credit for Small Businesses Act  .
2.
Prohibition on direct
7(a)  loans
(a)
In general
Notwithstanding any provision of subsection (a) of section 7 of the Small Business Act ( 15 U.S.C. 636(a) ), the Administrator of the Small Business Administration may not directly make a loan pursuant to such subsection.
(b)
Existing loans
The Administrator of the Small Business Administration shall service a direct loan made under section 7(a) of the Small Business Act ( 15 U.S.C. 636(a) ) if such loan was made before the date of enactment of this Act.

Tracker

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

  1. Introduced2025-07-28
  2. Passed Senate
  3. Passed House
  4. Conference
  5. To President
  6. Became Law

A bill to prohibit the Administrator of the Small Business Administration from directly making loans under the 7(a) loan program, and for other purposes.

Sponsors

Sen. Tim Scott (R) sponsors S. 2486, and 8 members have co-sponsored it, all of them from the day it was introduced.

Committees

S. 2486 went before 1 committee: Small Business and Entrepreneurship.

Small Business and Entrepreneurship
Small Business and Entrepreneurship
Referred To · Jul 28, 2025 · 80 Bills

Actions

S. 2486 has taken 2 actions since Jul 28, 2025.

ChamberAction
Jul 28, 2025
Senate
Read twice and referred to the Committee on Small Business and Entrepreneurship.Small Business and Entrepreneurship Committee
Jul 28, 2025
—
Introduced in Senate

Votes

S. 2486 has not gone to a roll call.

Titles

S. 2486 goes by 3 titles, 1 of them short titles.

  • Protecting Access to Credit for Small Businesses Act — Display Title
  • Protecting Access to Credit for Small Businesses Act — Short Title(s) as Introduced
  • A bill to prohibit the Administrator of the Small Business Administration from directly making loans under the 7(a) loan program, and for other purposes. — Official Title as Introduced

Lobbying

3 clients hired 3 firms and 42 registered lobbyists who named S. 2486 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 Banking, Agriculture, Budget/Appropriations, Housing, Small Business, Taxation/Internal Revenue Code.

Clients

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

ClientBusinessStateFirmsFilingsReported
CONSUMER BANKERS ASSOCIATION—District of Columbia14—
CREDIT UNION NATIONAL ASSOCIATION, INC. DBA AMERICA'S CREDIT UNIONS—District of Columbia14—
INDEPENDENT COMMUNITY BANKERS OF AMERICA—District of Columbia14—

Firms

Registrants who filed on the bill, by filings.

RegistrantClientsFilingsReported
CONSUMER BANKERS ASSOCIATION14—
CREDIT UNION NATIONAL ASSOCIATION. INC. DBA AMERICA'S CREDIT UNIONS14—
INDEPENDENT COMMUNITY BANKERS OF AMERICA14—

Lobbyists

Named on the filings that cite the bill. The 20 named most often, of 42.

LobbyistFirmsClientsFilings
AMBER MILENKEVICH114
ANDREW MORRIS114
BRADFORD THALER114
CLARK DERRINGTON114
DAVID POMMEREHN114
GORDON HOLZBERG114
GREGORY MESACK114
JAMES AKIN114
JAMES KELLER114
JENNA BURKE114
JESSICA HALL114
KELVIN CHEN114
KYLE GLENN114
LILLIANE THOMAS114
LINDSEY JOHNSON114
LUKE MARTONE114
MARK SCANLAN114
MICHAEL EMANCIPATOR114
MICHAEL MARSHALL114
PAUL MERSKI114

Filings

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

ClientRegistrantPeriodReportedDocument
CREDIT UNION NATIONAL ASSOCIATION, INC. DBA AMERICA'S CREDIT UNIONSCREDIT UNION NATIONAL ASSOCIATION. INC. DBA AMERICA'S CREDIT UNIONS2026 second_quarter$1.3M2nd Quarter - Report
INDEPENDENT COMMUNITY BANKERS OF AMERICAINDEPENDENT COMMUNITY BANKERS OF AMERICA2025 fourth_quarter$1.3M4th Quarter - Report
CONSUMER BANKERS ASSOCIATIONCONSUMER BANKERS ASSOCIATION2025 third_quarter$1.2M3rd Quarter - Report
CREDIT UNION NATIONAL ASSOCIATION, INC. DBA AMERICA'S CREDIT UNIONSCREDIT UNION NATIONAL ASSOCIATION. INC. DBA AMERICA'S CREDIT UNIONS2026 first_quarter$1.1M1st Quarter - Report
CREDIT UNION NATIONAL ASSOCIATION, INC. DBA AMERICA'S CREDIT UNIONSCREDIT UNION NATIONAL ASSOCIATION. INC. DBA AMERICA'S CREDIT UNIONS2025 third_quarter$1.1M3rd Quarter - Report
CREDIT UNION NATIONAL ASSOCIATION, INC. DBA AMERICA'S CREDIT UNIONSCREDIT UNION NATIONAL ASSOCIATION. INC. DBA AMERICA'S CREDIT UNIONS2025 fourth_quarter$1.1M4th Quarter - Report
CONSUMER BANKERS ASSOCIATIONCONSUMER BANKERS ASSOCIATION2026 second_quarter$1M2nd Quarter - Report
CONSUMER BANKERS ASSOCIATIONCONSUMER BANKERS ASSOCIATION2025 fourth_quarter$970K4th Quarter - Report
INDEPENDENT COMMUNITY BANKERS OF AMERICAINDEPENDENT COMMUNITY BANKERS OF AMERICA2026 first_quarter$890K1st Quarter - Report
INDEPENDENT COMMUNITY BANKERS OF AMERICAINDEPENDENT COMMUNITY BANKERS OF AMERICA2025 third_quarter$866.8K3rd Quarter - Report
INDEPENDENT COMMUNITY BANKERS OF AMERICAINDEPENDENT COMMUNITY BANKERS OF AMERICA2025 third_quarter$866.8K3rd Quarter - Report
CONSUMER BANKERS ASSOCIATIONCONSUMER BANKERS ASSOCIATION2026 first_quarter$830K1st Quarter - Report

Classification

The Congressional Research Service files S. 2486 under Commerce, one of its 31 policy areas.

CRS Subjects

CRS assigns every bill one policy area from its 31; S. 2486’s is Commerce.

s2486/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