Congress·In Committee·H.R. 8563

Investing in the American Dream Act

Small Business Loans: Eligibility for Non-Citizens

To clarify eligibility for small business loans, and for other purposes.

Apr 28·View on Congress.gov·Read full text

Next up: A house committee

This bill is currently in the early stages of the legislative process. It was recently introduced and sent to the House Committee on Small Business for review. There are no upcoming votes scheduled at this time.

Legislative Progress

House

Senate

President

Law

Unlikely to pass

While the bill has many supporters in one party, bills that expand federal benefits to non-citizens often face significant hurdles in a divided Congress.

Key Points

This bill clarifies that certain non-citizens who legally live and work in the United States can apply for federal small business loans. It specifically helps people like refugees, asylees, and those in the DACA program who want to start or grow a business.
To qualify, a business must be located in the United States. Also, at least 51 percent of the company must be owned by U.S. citizens or non-citizens who have legal permission to be in the country and are allowed to work here.
The policy covers several types of support from the Small Business Administration. This includes general business loans, very small loans called microloans, and guarantees that help construction companies get contracts.
Government agencies would be prohibited from turning down a loan application just because the owner is a legal non-citizen. This ensures that as long as the owner meets the work and residency rules, they have the same fair shot at funding as other business owners.

Impact Analysis

Govbase has not yet run an impact analysis on this legislation.

Milestones

2 milestones2 actions

Apr 28, 2026House

Referred to the House Committee on Small Business.

Apr 28, 2026

Introduced in House

The bill was officially filed and given a number. It now enters the legislative queue.

No votes or news coverage recorded for this bill yet.

Source Information

Document Type

Congressional Bill

Official Title

To clarify eligibility for small business loans, and for other purposes.

Bill NumberHR 8563

Congress119th Congress

ChamberHouse of Representatives

Latest ActionReferred to the House Committee on Small Business.

Data Sources

Congress.gov

Official legislative information

Read Full Bill Text

Sponsor

Cosponsors

(21)

D: 21

Analysis generated by AI. Always verify with official sources.