Friendship
Main Street Parity Act
The bill streamlines and clarifies SBA-related regulations for small businesses by narrowing a cross-reference, but that simplification risks removing protections and creating gaps or legal uncertainty for firms and the agency.
Made in America Manufacturing Finance Act
The bill directs clearer, larger financial support and potential procurement advantages to domestic small manufacturers (helping expansion and supply chains) while raising taxpayer exposure, creating uneven benefits across small businesses, and adding compliance and legal uncertainty for lenders and borrowers.
To extend the SBIR and STTR programs, and for other purposes.
The bill preserves SBIR/STTR awards and commercialization pilots for one more year—supporting small businesses, researchers, and tech transfer in the near term—while adding modest federal cost and leaving longer-term uncertainty without permanent reauthorization.
China Financial Threat Mitigation Act of 2025
The bill improves U.S. understanding of and oversight over financial exposure to China and promotes international coordination—helping markets and policymakers—but risks short‑term market disruption, consumes agency resources, and may keep the most sensitive findings classified from the public.
Connecting Small Businesses with Career and Technical Education Graduates Act of 2025
The bill improves alignment between CTE training and local business needs—helping students, small businesses, and women entrepreneurs access talent and resources—but it adds duties and administrative burdens to SBDCs, WBCs, and CTE programs that may require additional funding or staff time.
Small Business Advocacy Improvements Act of 2025
The bill strengthens SBA advocacy for small businesses in international and rulemaking arenas—potentially protecting firms from harmful foreign rules—but risks added costs and coordination tensions as the Office expands its international role.
Assisting Small Businesses Not Fraudsters Act
The bill strengthens protections for SBA and pandemic relief funds by barring individuals with recent loan- or grant-related convictions from most SBA assistance, but it creates permanent exclusions that can harm businesses and workers and adds administrative burdens and potential fairness concerns.
1071 Repeal to Protect Small Business Lending Act
The bill reduces reporting and compliance costs for lenders and small businesses—potentially easing lending and lowering overhead—but sacrifices standardized small‑business lending data that regulators, advocates, and researchers use to detect discrimination, enforce fair‑lending, and design targeted support, risking worse outcomes for underserved borrowers and possible higher long‑term costs.
To amend the Homeland Security Act of 2002 to authorize the use of certain financial assistance for vehicle security enhancement upgrades, and for other purposes.
COVID Fraud Transparency Act of 2025
The bill increases oversight and transparency of COVID-era SBA loans (boosting taxpayer protection and small-business confidence) without authorizing new federal spending, but implementation may be constrained by lack of dedicated funding, could shift costs to nonfederal actors, create administrative burdens, and risk reputational harm to borrowers named in frequent reports.