HR 10352 · 119th Congress 2025–2027

504 Program Level Flexibility Act

Introduced Sep 14, 2026 Originated House Sponsor Lateefah Simon D-CA

Fact sheet

Latest action · Oct 9, 2026 Placed on the Union Calendar, Calendar No. 747.

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

  1. IntroducedSep 14, 2026
  2. Passed HouseNot reached
  3. Passed SenateNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

504 Program Level Flexibility Act

This bill authorizes the Small Business Administration (SBA), upon a determination that the amount of its commitments to guarantee loans under the 504 Loan Program could exceed the authorized annual limit, to guarantee up to 115% of that limit.

The 504 Loan Program provides a small business with SBA financing—through a certified development company intermediary—for expansion or modernization.

The bill requires the SBA to notify Congress if it intends to use this authority. The SBA may exercise the authority only once each fiscal year.

Cosponsors 2

Members who signed on, in the order they did. Signatures ran from Sep 14, 2026 to Sep 16, 2026, with 1 there on the day it was introduced.

SeatCosponsorSigned on
R-MOMark AlfordOriginalSep 14, 2026
D-CAGilbert Ray Cisneros, Jr.Sep 16, 2026

Actions 6

Everything that happened, newest first.

  1. Oct 9, 2026Placed on the Union Calendar, Calendar No. 747.
  2. Oct 9, 2026Reported by the Committee on Small Business. H. Rept. 119-850.
  3. Sep 16, 2026Committee Consideration and Mark-up Session Held
  4. Sep 16, 2026Ordered to be Reported by the Yeas and Nays: 23 - 0.
  5. Sep 14, 2026Introduced in House
Show all 6 actions

Subjects

Assigned by the Library of Congress. Policy area: Commerce.

Text 2

Each version as it was printed, newest first.

  1. Oct 9, 2026Reported in House
  2. Sep 14, 2026Introduced in House

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Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.