House bill · 119th Congress · Latest step: Passed House
504 Program Risk Oversight Act
Official title: To amend title V of the Small Business Investment Act of 1958 to require an annual portfolio risk analysis of loans guaranteed under such title, and for other purposes.
Open in Bill Explorer →Where it went
- IntroducedOct 17, 2025
- Committee actionNov 18, 2025
- Passed HouseJan 20, 2026 · by voice vote
- Passed Senate—
- To the President—
- Became law—
Latest action: Jan 26, 2026 — Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Cost and committee reports
Official records Congress.gov attaches to H.R. 5788.
- CBO cost estimateThe Congressional Budget Office published “H.R. 5788, 504 Program Risk Oversight Act” on January 6, 2026. CBO’s description reads “As reported by the House Committee on Small Business on December 12, 2025”.Read the CBO estimate ↗Source: Congressional Budget Office, January 6, 2026 ↗
Evidence
- Field in the Congress.gov record
- cboCostEstimates
- CBO publication
- https://www.cbo.gov/publication/61991
- CBO publication date
- January 6, 2026
- Congress.gov bill record
- H.R. 5788, 119th Congress
- Congress.gov API record
- https://api.congress.gov/v3/bill/119/hr/5788
- Record last updated by Congress.gov
- September 8, 2026
- PORKER copy retrieved
- September 12, 2026
- Stored copy, SHA-256 of the file
5f837e5d8c3975b211730f81b840980bf2e2644ab1eeb2cf265126a5549e6858
PORKER links to the estimate and does not repeat its dollar figures. Each estimate is for the version of the bill its description names; the bill may have changed since.
- Committee reportCongress.gov lists 1 committee report for this bill: H. Rept. 119-404 ↗. The Congress.gov committee record lists a “Reported By” entry for the Small Business Committee on December 12, 2025.Source: Congress.gov, reported December 12, 2025 ↗
Evidence
- Field in the Congress.gov record
- committeeReports
- Report API records
- https://api.congress.gov/v3/committee-report/119/HRPT/404
- Congress.gov bill record
- H.R. 5788, 119th Congress
- Congress.gov API record
- https://api.congress.gov/v3/bill/119/hr/5788
- Record last updated by Congress.gov
- September 8, 2026
- PORKER copy retrieved
- September 12, 2026
- Stored copy, SHA-256 of the file
5f837e5d8c3975b211730f81b840980bf2e2644ab1eeb2cf265126a5549e6858
A committee report is the committee’s own explanation of the bill. PORKER lists it and links to it; reading it is up to you.
- Constitutional authority statementThe sponsor’s statement of where the Constitution gives Congress the power to pass this bill. Statement by Mr. TRAN, as printed in the Congressional Record (Vol. 171, No. 172, October 17, 2025, Page H4542):clause 3 of section 8 of article 1 of the ConstitutionSource: Congress.gov, Congressional Record October 17, 2025 ↗
Evidence
- Field in the Congress.gov record
- constitutionalAuthorityStatementText
- Statement length
- 54 characters
- Congress.gov bill record
- H.R. 5788, 119th Congress
- Congress.gov API record
- https://api.congress.gov/v3/bill/119/hr/5788
- Record last updated by Congress.gov
- September 8, 2026
- PORKER copy retrieved
- September 12, 2026
- Stored copy, SHA-256 of the file
5f837e5d8c3975b211730f81b840980bf2e2644ab1eeb2cf265126a5549e6858
PORKER shows the statement exactly as printed, with the page markup removed. It is the sponsor’s claim; it is not a legal finding.
From the Congress.gov bill record for H.R. 5788, last updated September 8, 2026. PORKER’s copy was retrieved September 12, 2026 and is refreshed nightly. Open “Evidence” on any line for the record, field and file fingerprint.
Vote results
No recorded roll-call votes on this bill in PORKER’s records (voice votes and unanimous consent are not roll calls; roll-call records start in 2011).
Cosponsors
3 cosponsors — 1 Republican, 2 Democrats
1 of 3 cosponsors (33%) are from the other party.
Gilbert Cisneros (D-CA), Maggie Goodlander (D-NH), Jimmy Patronis (R-FL).
More from the sponsor
Other 119th Congress bills sponsored by Rep. Derek Tran.
- H.R. 1637 (119th) Protect Veteran Jobs Act
- H.Res. 366 (119th) Recognizing the 50th anniversary of Black April and the Fall of Saigon on April 30, 1975.
- H.Res. 1235 (119th) Recognizing the 51st anniversary of Black April and the Fall of Saigon on April 30, 1975.
- H.Con.Res. 50 (119th) Recognizing the importance of the Vietnamese Heritage Flag.
- H.R. 6678 (119th) Senior Legal Hotline Act of 2025
- H.Res. 948 (119th) Commemorating the 50th anniversary of Southeast Asian refugee resettlement and the many contributions and sacrifices of Southeast Asian…
Sponsor’s state and district
Data as of Sep 25, 2026 · bill record checked by PORKER from Congress.gov · votes from Senate.gov and the House Clerk. PORKER is non-partisan.