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HR6998FEDERALFederal Billin committee

FAITH in Small Business Act (H.R. 6998)

Original title: FAITH in Small Business Act

Last action · January 16, 2024: Referred to the House Committee on Small Business.Sponsor: Tracey Mann

Bill progressHistory & official text ↓

Introduced

Committee

Floor Vote

Passed

Law

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What This Bill Would Do

This bill mandates that a specific 2021 regarding faith-based organizations' access to Small Business Administration (SBA) loan and disaster programs be given the full . It effectively codifies administrative guidance into federal statute.

Why it matters

The bill changes the legal status of a 2021 SBA from an administrative proposal to a binding federal law, impacting how faith-based organizations qualify for and participate in SBA loan and disaster assistance programs.

Who It Would Affect

Groups the bill's text would affect if enacted, as described in the record. Being affected is not a position for or against it.

Directly affected

Faith-based organizations

These organizations are subject to the specific regulatory standards for SBA loan and disaster assistance programs codified by this bill.

Directly affected

Small Business Administration

The agency is required to implement and enforce the 2021 proposed rule as federal law.

Key Facts

You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.

Frequently Asked Questions

What does this bill actually do?

It takes a from 2021 regarding how faith-based organizations interact with SBA programs and makes it a permanent, binding federal law.

Does this change how I apply for an SBA loan?

The bill specifically addresses the eligibility and treatment of faith-based organizations within SBA loan and disaster programs; it does not change general application procedures for other businesses.

What else do you want to know?

News Coverage

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Where This Stands

Currently in committee. The next step in the legislative lifecycle is Floor Vote.

Last action

Referred to the House Committee on Small Business.Jan 16, 2024

Version history

Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.

View official text →

Full breakdown

Who this bill affects and the strongest case for and against it, written only from the bill’s own text.

Discoveries

1 pattern noticed across the record

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift90% confidence

Codification of Administrative Guidance

The bill represents a legislative effort to bypass the standard agency rulemaking process by elevating a 2021 proposed rule directly to statutory status.

Small Business Administration

Connected Entities

Small Business Administration, Mr. Mann

OrganizationSmall Business Administration“The federal agency responsible for the loan and disaster programs affected by th”Map →

PersonMr. Mann“The Representative who introduced the bill.”Map →

Sources

Open source document

www.congress.gov

Analysis Score

0–100

Significance40
How much this matters to a regular citizen
Controversy30
Intensity of disagreement among stakeholders
Entertainment5
Compellingness for a non-policy-wonk reader
Buzz15
Current news / social attention level

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