A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Small Business Administration relating to "Citizenship and Residency Requirements and Recission of Procedural Notice 5000-872050" and "Revised Applicant Ownership, Citizenship, and Residency Requirements for 7(a) and 504 Loans".

This joint resolution seeks to overturn rules issued by the Small Business Administration that changed the citizenship and residency requirements for people applying for certain small business loans known as 7(a) and 504 loans. Congress has a process that allows it to formally disapprove and cancel federal agency rules, and this resolution would use that process to block these specific rule changes. No official summary is available for this bill.

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