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H. Rept. 119-500 1 (2026-02-20)

handle is hein.congrecreports/crptxaiax0001 and id is 1 raw text is: AUTHENTICATED r U.S. GOVERNMENT INFORMATION 4 119TH CONGRESS REPORT 2d Session J HOUSE OF REPRESENTATIVES 119-500 SMALL BUSINESS LENDING FRAUD PREVENTION ACT FEBRUARY 20, 2026.-Committed to the Committee of the Whole House on the State of the Union and ordered to be printed Mr. WILLIAMS of Texas, from the Committee on Small Business, submitted the following REPORT together with MINORITY VIEWS [To accompany H.R. 7401] The Committee on Small Business, to whom was referred the bill (H.R. 7401) to require employees of the Small Business Administra- tion to certify that the employee does not have any prohibited con- flicts of interest with respect to loans in which the employee is in- volved, and for other purposes, having considered the same, reports favorably thereon without amendment and recommends that the bill do pass. CONTENTS Page I. Purpose and Bill Sum m ary ....................................................................... 2 II. N eed for Legislation ................................................................................... 2 III. H earings ...................................................................................................... 2 IV. Com m ittee Consideration .......................................................................... 2 V . Com m ittee V otes ........................................................................................ 2 VI. Section-by-Section of H .R. 7401 ................................................................ 4 VII. Congressional Budget Office Cost Estimate ............................................ 4 VIII. New Budget Authority, Entitlement Authority, and Tax Expenditures 4 IX. Oversight Findings & Recommendations .................................................. 4 X. Performance Goals and Objectives ............................................................ 4 XI. Statement of Duplication of Federal Programs .................. 4 XII. Congressional Earmarks, Limited Tax Benefits, and Limited Tariff B en efits ..................................................................................................... 5 XIII. Federal M andates Statem ent ..................................................................... 5 XIV. Federal Advisory Committee Statement .................................................. 5 XV. Applicability to Legislative Branch .......................................................... 5 XVI. Statement of Constitutional Authority ..................................................... 5 XV II. M inority V iew s ............................................................................................ 6 69-006