[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[S.J. Res. 202 Introduced in Senate (IS)]

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119th CONGRESS
  2d Session
S. J. RES. 202

  Providing for congressional disapproval under chapter 8 of title 5, 
    United States Code, of the rule submitted by the Small Business 
Administration relating to ``Citizenship and Residency Requirements and 
 Recission of Procedural Notice 5000-872050'' and ``Revised Applicant 
  Ownership, Citizenship, and Residency Requirements for 7(a) and 504 
                                Loans''.


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                   IN THE SENATE OF THE UNITED STATES

                             July 23, 2026

 Mr. Markey introduced the following joint resolution; which was read 
       twice and referred to the Committee on Small Business and 
                            Entrepreneurship

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                            JOINT RESOLUTION


 
  Providing for congressional disapproval under chapter 8 of title 5, 
    United States Code, of the rule submitted by the Small Business 
Administration relating to ``Citizenship and Residency Requirements and 
 Recission of Procedural Notice 5000-872050'' and ``Revised Applicant 
  Ownership, Citizenship, and Residency Requirements for 7(a) and 504 
                                Loans''.

    Resolved by the Senate and House of Representatives of the United 
States of America in Congress assembled, That Congress disapproves the 
rule submitted by the Small Business Administration relating to 
``Citizenship and Residency Requirements and Recission of Procedural 
Notice 5000-872050'' (issued February 2, 2026) and ``Revised Applicant 
Ownership, Citizenship, and Residency Requirements for 7(a) and 504 
Loans'' (issued February 11, 2026), determined to be a rule in a letter 
of opinion by the Government Accountability Office dated July 1, 2026, 
and printed in the Congressional Record on July 14, 2026, on pages 
S3929 through S3931, and such rule shall have no force or effect.
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