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H.R. 7229

U.S. House•In House Committee

Summary

H.R. 7229, the Territorial SBA Loan Guaranty Adjustment Act of 2026, was introduced in the House on Jan 22, 2026 by Rep. James Moylan (R) with 3 co-sponsors. It was referred to Small Business, and last saw action on Jan 22, 2026: Referred to the House Committee on Small Business.

Record

Text

H.R. 7229 has 3 co-sponsors.

hb7229/introduced-in-house.txt
119 HR 7229 IH: Territorial SBA Loan Guaranty Adjustment Act of 2026
 U.S. House of Representatives
 2026-01-22
 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.
 I  119th CONGRESS  2d Session  H. R. 7229  IN THE HOUSE OF REPRESENTATIVES   January 22, 2026   Mr. Moylan  (for himself and  Ms. King-Hinds ) introduced the following bill; which was referred to the  Committee on Small Business    A BILL
To amend the Small Business Act to provide for loan guarantees to certain small businesses, and for other purposes.
1.
Short title
This Act may be cited as the   Territorial SBA Loan Guaranty Adjustment Act of 2026  .
2.
Loan guarantees for covered territory businesses
(a)
In general
Section 7(a)(2) of the Small Business Act ( 15 U.S.C. 636(a)(2) ) is amended by adding at the end the following:
(G)
Participation in loan to covered territory business
(i)
In general
Except as provided in clause (ii), in an agreement to participate in a loan to a covered territory business on a deferred basis under this subsection, the participation by the Administration shall be 90 percent.
(ii)
Exceptions
Clause (i) shall not apply with respect to a loan under paragraph (9), (14)(A), (16), (31), or (34), or under a pilot program carried out pursuant to paragraph (25).
 .
(b)
Conforming amendment
Section 7(a)(2)(A) of such Act is amended by striking  and (F)  and inserting  (F), and (G) .

Tracker

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

  1. Introduced2026-01-22
  2. Passed House
  3. Passed Senate
  4. Conference
  5. To President
  6. Became Law

To amend the Small Business Act to provide for loan guarantees to certain small businesses, and for other purposes.

Sponsors

Rep. James Moylan (R) sponsors H.R. 7229, and 3 members have co-sponsored it, 1 of them from the day it was introduced.

Committees

H.R. 7229 went before 1 committee: Small Business.

Small Business
Small Business
Referred To · Jan 22, 2026 · 81 Bills

Actions

H.R. 7229 has taken 2 actions since Jan 22, 2026.

ChamberAction
Jan 22, 2026
House
Introduced in House
Jan 22, 2026
House
Referred to the House Committee on Small Business.Small Business Committee

Votes

H.R. 7229 has not gone to a roll call.

Titles

H.R. 7229 goes by 3 titles, 1 of them short titles.

  • Territorial SBA Loan Guaranty Adjustment Act of 2026 — Display Title
  • Territorial SBA Loan Guaranty Adjustment Act of 2026 — Short Title(s) as Introduced
  • To amend the Small Business Act to provide for loan guarantees to certain small businesses, and for other purposes. — Official Title as Introduced

Classification

The Congressional Research Service files H.R. 7229 under Commerce, one of its 31 policy areas.

CRS Subjects

CRS assigns every bill one policy area from its 31; H.R. 7229’s is Commerce.

hr7229/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

Constitutional authority

The clause the sponsor cites as Congress’s power to enact H.R. 7229, as entered in the Congressional Record.

[Congressional Record Volume 172, Number 15 (Thursday, January 22, 2026)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. MOYLAN:H.R. 7229.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 1[Page H1351]

Source: congress.gov · legiscan.com