Friendship
COVID Fraud Transparency Act of 2026
The bill would increase transparency and give Congress tools to detect and deter COVID-era SBA loan fraud—potentially protecting legitimate small businesses—but it creates privacy and resource burdens and may be undercut or blocked in practice because the Act is barred from receiving funding, meaning its intended oversight may not be implemented.
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 expands and targets SBA support to U.S. manufacturers—boosting access to capital and reinforcing domestic supply chains—but raises taxpayer and borrower risk, creates administrative burdens, and contains a drafting error that could produce harmful legal and financing uncertainty.
To extend the SBIR and STTR programs, and for other purposes.
The bill extends SBIR/STTR awards and pilot flexibilities for one year to avoid disrupting small-business R&D and university partnerships, but it delays long-term reauthorization or reform and keeps costs and uncertainty on taxpayers and firms.
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 local workforce development by connecting CTE programs, students, and employers (including women-owned firms) through SBDC/WBC outreach, but it creates administrative burdens, potential budget pressures, and a risk of diverting resources from other entrepreneurship services.
Small Business Advocacy Improvements Act of 2025
The bill strengthens and clarifies SBA advocacy—giving small businesses more voice in domestic and international rulemaking—but may require added funding and could complicate U.S. trade/diplomatic coordination, creating a trade-off between stronger representation and increased cost/foreign-policy risk.
Assisting Small Businesses Not Fraudsters Act
The bill protects taxpayer funds and honest small businesses by denying SBA assistance to firms tied to proven COVID-era loan/grant fraud, but it also risks cutting off innocent co-owners and employees, narrows relief options, and increases administrative burdens.
1071 Repeal to Protect Small Business Lending Act
The bill reduces reporting burdens and compliance costs for lenders and small businesses but does so at the cost of removing data that regulators, communities, and advocates rely on to detect discrimination, measure lending gaps, and target remedies — increasing the risk of worsened credit access and weaker enforcement for disadvantaged borrowers.
Bulletproof Law Enforcement Vehicles Act
The bill enables faster, federally supported retrofitting of law-enforcement vehicles with ballistic protection—improving officer safety in high-risk incidents—while raising trade-offs over limited preparedness funding, potential prioritization of militarized equipment, and civil-liberty concerns.