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[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.J. Res. 207 Introduced in House (IH)]
119th CONGRESS 2d Session H. J. RES. 207
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".
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IN THE HOUSE OF REPRESENTATIVES
July 23, 2026
Ms. Velazquez submitted the following joint resolution; which was referred to the Committee on Small Business
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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".
Resolved by the Senate and House of Representatives of the United States of America in Congress assembled, That Congress disapproves the rule submitted by the Small Business Administration relating to "Citizenship and Residency Requirements and Recission of Procedural Notice 5000-872050" (issued February 2, 2026) and "Revised Applicant Ownership, Citizenship, and Residency Requirements for 7(a) and 504 Loans" (issued February 11, 2026), determined to be a rule in a letter of opinion by the Government Accountability Office dated July 1, 2026, and printed in the Congressional Record on July 14, 2026, on pages S3929 through S3931, and such rule shall have no force or effect.