Heroes Business Opportunity Act of 2025
In committee: it can still change before the session ends.
- Stage
- In committee
- Started in
- Senate
- Sponsors
- 2
- Latest action
- Nov 6, 2025
What it does
The Heroes Business Opportunity Act of 2025 would waive the guarantee fee for certain Small Business Administration (SBA) loans made to veterans, spouses of veterans, and surviving spouses of veterans who died on active duty or from a service-connected disability. The waiver applies to loans not made under SBA paragraphs (36) or (37) where the deferred participation share of the loan does not exceed $1,000,000. The bill amends Section 7(a) of the Small Business Act to create this exception and updates related definitions to include eligible individuals from the Transition Assistance Program, reserve components, and surviving spouses. It also makes a technical change by removing and…
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.
Where it goes next
While a bill can still move, the questions are about people and money.