James Moylan (R-GU)

Territorial SBA Loan Guaranty Adjustment Act of 2026

H.R. 7229 · House bill Commerce

A Republican bill with 1 Democratic cosponsor · See all 3 cosponsors

Last activity — Referred to the House Committee on Small Business.

In committee

Introduced and handed to a committee in the chamber it started in.

The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.

Its path through Congress

  1. Introduced
  2. In Committee

What this bill would do

This bill, titled the "Territorial SBA Loan Guaranty Adjustment Act of 2026," seeks to amend the Small Business Act. The primary purpose is to provide loan guarantees to certain small businesses. Specifically, it focuses on increasing the Administration's participation in loans to covered territory businesses on a deferred basis. This change would set the Administration's participation at 90 percent, subject to certain exceptions.

Yes· 3 of 4

  • Scored +5

    Would business owners be better off under this?

    Small business owners in covered territories receive increased loan guarantee support from the Administration.

  • Scored +5

    Does this make it easier to run a small business?

    The bill increases the SBA's loan participation rate to 90 percent for certain businesses in covered territories.

  • Scored +3

    Would people in rural areas be better off under this?

    The increased loan guarantees may support economic development in various covered territories, which often include rural areas.

The opposite

No question was scored the opposite.