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The Quiet Ledger
hr 10375 · 119th Congress · House

504 Modernization and Small Manufacturer Enhancement Act of 2026

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TQL analysis
B72
72 / 90 · methodology full_text_v3

The 504 Modernization and Small Manufacturer Enhancement Act of 2026 aims to amend the Small Business Investment Act of 1958 to improve loan programs for small manufacturers. It introduces new policy goals, modifies loan closing procedures, and establishes marketing and outreach plans. The bill also revises leasing rules for facilities and provides exemptions from certain credit requirements.

Structural flags
Spends without a pay-for authorizes new spending with no stated offset or pay-for
Legislative structure
Cosponsors
3 current · 3 total
Actions
5
Roll calls
0
Criterion breakdown8 criteria · max 90
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The letter, score, and explanation above are free. The point-by-point breakdown of all eight scored criteria — with each criterion's value and how it moved the grade — is a Quiet Ledger research capability.

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Actions (5)
DateTimeAction
2026-09-14Referred to the House Committee on Small Business.
2026-09-14Introduced in House
2026-09-14Introduced in House
2026-09-16Ordered to be Reported by the Yeas and Nays: 23 - 0.
2026-09-16Committee Consideration and Mark-up Session Held
Provenance
Methodology
full_text_v3
Calculated
2026-09-18 17:01:01.456+00
Source version
2026-09-14
Assessments
How the methodology works →

The Quiet Ledger grades legislation on its content. A bill grade is analysis of the bill — not a grade of its sponsor or of any member who voted on it.