HR 522 · 119th CongressIn Committeecongress.gov ↗

FAITH in Small Business Act

Road to The Floor

How it works

Introduced

In Committee

On The Floor

Passed a Chamber

Passed Congress

To President

Became Law

What this bill does

AI plain-language summary

This bill would let certain faith-based organizations apply for Small Business Administration loans and disaster assistance programs. Currently, SBA rules generally don't allow organizations that mainly teach or counsel about religion to get these loans. The bill would change this by implementing a proposed SBA rule that gives these religious organizations access to business loans and disaster help programs.

Introduced

January 16, 2025

Policy Area

Commerce

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