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Equal Access to SBA Assistance for Firearm Industry Businesses

This act aims to ensure that firearm-related businesses, including manufacturers, retailers, and trade associations, are not discriminated against when seeking financial assistance from the Small Business Administration (SBA). This means these entities will have the same opportunities for loans and guarantees as other eligible businesses, potentially impacting their growth and financial stability.
Key points
No Discrimination: The Small Business Administration (SBA) cannot deny financial aid to firearm industry businesses solely due to their activities.
Equal Access to Support: Manufacturers, retailers, shooting ranges, and trade associations linked to firearms will be treated equally to other businesses applying for SBA loans and guarantees.
Sector Support: The act aims to support the growth and financial stability of businesses operating in the firearm sector by ensuring their access to federal assistance programs.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_S_2562
Sponsor: Sen. Risch, James E. [R-ID]
Process start date: 2025-07-31
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Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Equal Shot Act of 2025

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_S_2562.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2025-07-31.

What are the main provisions?

Key points include:

  • No Discrimination: The Small Business Administration (SBA) cannot deny financial aid to firearm industry businesses solely due to their activities.
  • Equal Access to Support: Manufacturers, retailers, shooting ranges, and trade associations linked to firearms will be treated equally to other businesses applying for SBA loans and guarantees.
  • Sector Support: The act aims to support the growth and financial stability of businesses operating in the firearm sector by ensuring their access to federal assistance programs.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Risch, James E. [R-ID].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-23.

CATEGORIES

Economy