SBA 7(a) and 504 Ownership, Citizenship, and Residency Rules
Current understanding
To be populated as evidence accumulates.
Evidence log
- 2026-07-23 — 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”.: H.J.Res.207 introduced as a Congressional Review Act joint resolution to disapprove the SBA rule ‘Citizenship and Residency Requirements and Recission of Procedural Notice 5000-872050’ and the ‘Revised Applicant Ownership, Citizenship, and Residency Requirements for 7(a) and 504 Loans’; if enacted, the rule would be nullified and SBA barred from reissuing a substantially similar rule. (novelty: 2)
Open questions
Related
Contributing findings
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".
23-jul-2026
novelty 2
per-area 2
introduces