The House of Representatives today passed the Senate-approved Continuing Resolution (CR), H.R. 6500, by a bipartisan vote of 370–48, clearing the measure for the President’s signature. The Senate previously approved the CR 90–6 on August 8.
The CR will fund the federal government through December 11, 2026, avoiding a potential government shutdown when the new fiscal year begins October 1.
Importantly for NAGGL members, the final CR includes anomaly language allowing the 7(a) Loan Program and the Secondary Market Guarantee Program to accommodate increased demand in both loan volume and pooled sales during the CR period—a provision NAGGL strongly advocated for to ensure that 7(a) lending and secondary market availability is not constrained by prorated authorization levels while Congress completes the FY27 appropriations process. This is an important advocacy win for NAGGL and the 7(a) industry, providing greater certainty that the program can continue meeting lender and borrower demand through December.
The legislation now heads to President Trump for his signature. NAGGL will continue to closely monitor the FY27 appropriations process and actively advocate for the funding and authorization levels necessary to support both the 7(a) Loan Program and the secondary market.
