Congress disapproves a Small Business Administration rule on citizenship and residency requirements for loans.
Federal HJR207 seeks to disapprove a rule by the Small Business Administration concerning citizenship and residency requirements for 7(a) and 504 loans. The rule, issued on February 2 and February 11, 2026, was deemed significant by the Government Accountability Office in a letter dated July 1, 2026, and published in the Congressional Record on July 14, 2026. If approved, the resolution would render the rule ineffective.
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