Based on official legislative actions published by Congress.
Placed on the Union Calendar, Calendar No. 745.
This timeline shows the bill's position in the federal legislative process based on official congressional actions.
Placed on the Union Calendar, Calendar No. 745.
Praveta uses official congressional material as its source of truth. You can review the underlying record directly.
The bill would change 504 loan rules to speed closings, boost small manufacturer access, and update leasing and outreach policies.
Introduced in House on September 14, 2026
Would add workforce training to 504 program goals
Would let accredited lenders make limited closing changes
Would change leasing rules for new and existing projects
These changes would likely make 504 loans quicker to close, create new occupancy rules that favor small manufacturers, expand program goals, and push the SBA to increase outreach, potentially affecting how small businesses access affordable long-term financing.
Small manufacturers and other small businesses using 504 loans, SBA, and certified development companies.
Introduced in the House on September 14, 2026, and referred to the Committee on Small Business; no further action reported in the provided source.
Praveta summarizes official congressional material and keeps the underlying source available for review.