House bill · 119th Congress · Latest step: Introduced
Federal Loan Systems Modernization Act of 2026
Official title: To authorize the creation of "Lending.gov" as a shared services platform to provide a single source of access to loans provided by Federal agencies, and modern technology to support effective management of Federal credit programs, in order to reduce costs, prevent fraud, increase the speed of origination, improve transparency, improve access and customer experience, and for other purposes.
Sponsor: Rep. Brad Finstad R-MNWhere it went
- IntroducedMar 4, 2026
- Committee action—
- Passed House—
- Passed Senate—
- To the President—
- Became law—
Latest action: Mar 4, 2026 — Referred to the House Committee on Oversight and Government Reform.
Cost and committee reports
Official records Congress.gov attaches to H.R. 7789.
- Constitutional authority statementThe sponsor’s statement of where the Constitution gives Congress the power to pass this bill. Statement by Mr. FINSTAD, as printed in the Congressional Record (Vol. 172, No. 41, March 4, 2026, Page H2421):Article I, Section 8Source: Congress.gov, Congressional Record March 4, 2026 ↗
Evidence
- Field in the Congress.gov record
- constitutionalAuthorityStatementText
- Statement length
- 20 characters
- Congress.gov bill record
- H.R. 7789, 119th Congress
- Congress.gov API record
- https://api.congress.gov/v3/bill/119/hr/7789
- Record last updated by Congress.gov
- March 23, 2026
- PORKER copy retrieved
- September 13, 2026
- Stored copy, SHA-256 of the file
790894165eab74f39ab3efe73f127d1f7a2a01c4ea60bf055ff75f2d8f4deb9c
PORKER shows the statement exactly as printed, with the page markup removed. It is the sponsor’s claim; it is not a legal finding.
Congress.gov’s record for this bill does not list a CBO cost estimate or a committee report (as of March 23, 2026). Not every bill gets one.
From the Congress.gov bill record for H.R. 7789, last updated March 23, 2026. PORKER’s copy was retrieved September 13, 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
1 cosponsor — 1 Democrat
1 of 1 cosponsors (100%) are from the other party.
More from the sponsor
Other 119th Congress bills sponsored by Rep. Brad Finstad.
- H.R. 2931 (119th) Save SBA from Sanctuary Cities Act of 2025
- H.R. 8881 (119th) SBA Artificial Intelligence Utilization Act of 2026
- H.R. 9576 (119th) National Fraud Enforcement Division Act of 2026
- H.R. 1163 (119th) Prove It Act
- H.R. 10353 (119th) SBIC Reporting Modernization Act of 2026
- H.R. 6978 (119th) Preserving Integrity in Immigration Benefits Act
Related bills
Relationships as recorded by Congress.gov.
Sponsor’s state and district
Data as of Sep 13, 2026 · bill record checked by PORKER from Congress.gov · votes from Senate.gov and the House Clerk. PORKER is non-partisan.