FAITH in Small Business Act
This bill makes a 2021 Small Business Administration (SBA) rule permanent, requiring equal treatment for religious organizations in SBA loan and disaster assistance programs. It directly affects faith-based groups applying for SBA financial support, ensuring they cannot be excluded solely due to religious affiliation. The key provision incorporates the existing SBA rule - issued January 19, 2021 - into law without creating new requirements. This policy change ensures religious organizations have the same access to federal small business programs as other entities.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
President
Introduced Jan 16, 2025
Last action Jan 16, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Jan 16, 2025
Committee
Referred to the House Committee on Small Business.
lower
Jan 16, 2025
Introduced
Introduced in House
lower
1 primary · 4 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Tracey Mann
RRepublican
Co
Brian Babin
RRepublican
Co
Derek Schmidt
RRepublican
Co
Pat Fallon
RRepublican
Co
Rudy Yakym III
RRepublican
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