504 Credit Risk Management Improvement Act of 2025
Committee hearing: it can still change before the session ends.
- Stage
- Committee hearing
- Started in
- Senate
- Sponsors
- 2
- Latest action
- Sep 17, 2025
What it does
The 504 Credit Risk Management Improvement Act of 2025 would enhance oversight of the Small Business Administration’s 504 loan program by strengthening the Office of Credit Risk Management’s authority to supervise certified development companies, conduct loan file reviews, enforce compliance through informal and formal actions (including civil penalties up to $250,000), and collect fees to cover oversight costs. It would also require the SBA Administrator to issue rules within 180 days clarifying how certified development companies must comply with National Environmental Policy Act requirements. The bill affects certified development companies participating in the 504 program, imposing new…
No official summary is available here. This one was written by AI from the bill’s text.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
In the news
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Where it goes next
While a bill can still move, the questions are about people and money.