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This bill requires Small Business Administration (SBA) employees who personally and substantially participate in originating, reviewing, or approving SBA loans to certify in writing that they have no prohibited conflicts of interest under federal law. Employees must immediately disclose any conflicts of interest discovered after certification and recuse themselves from the loan. The SBA Administrator must issue implementing regulations within 180 days of enactment.
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Counted from roll-call records for sitting members · source: congress.gov
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