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Bill > S2562


US S2562

US S2562
Equal Shot Act of 2025


summary

Introduced
07/31/2025
In Committee
07/31/2025
Crossed Over
Passed
Dead

Introduced Session

119th Congress

Bill Summary

A bill to promote fair and equal treatment by the Administrator of the Small Business Administration with respect to certain firearms industry applicants for assistance, and for other purposes.

AI Summary

This bill, known as the "Equal Shot Act of 2025", aims to prevent the Small Business Administration (SBA) from discriminating against businesses in the firearms industry when they apply for financial assistance. The bill provides broad definitions of "firearm entities" (which includes businesses involved in designing, manufacturing, marketing, distributing, or selling firearms, ammunition, and related accessories) and "firearm entity affiliates" (such as shooting ranges and firearm training organizations). Specifically, the bill prohibits the SBA Administrator from creating or implementing any policy, practice, guidance, or directive that would deny financial assistance to otherwise eligible applicants solely because they are associated with the firearms industry. This means that firearm entities, their affiliates, and trade associations must be given equal consideration for loans or loan guarantees under the Small Business Act and Small Business Investment Act, just like applicants from other industries. The bill is designed to ensure fair treatment and prevent potential systemic bias against businesses in the firearms sector when seeking federal small business support.

Committee Categories

Business and Industry

Sponsors (19)

Last Action

Read twice and referred to the Committee on Small Business and Entrepreneurship. (on 07/31/2025)

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