H.R. 5788: 504 Program Risk Oversight Act

H.R. 5788 is a federal bill in the 119th Congress. Before this bill, the Small Business Administration was not explicitly required by law to conduct a yearly risk review of every loan guaranteed through the 504 loan program. After this bill takes effect, the agency must systematically evaluate the… See its sponsors, how members voted, and a plain-English breakdown on PolityLens.