HB5264Introduced in the House
DCEO-SMALL BUSINESS LOANS
Introduced by Elizabeth Hernandez, District 2
What does this bill do?
Plain-English breakdown
Writing a plain-English summary of this bill… this can take a few seconds the first time.
Official description
Reinserts the provisions of the introduced bill with changes. Provides that the Department of Commerce and Economic Opportunity shall establish a loan program to provide low interest loans to small businesses that have been negatively impacted by an economic shock (in the introduced bill, federal immigration enforcement). Renames the Federal Immigration Recovery Fund the Economic Recovery Fund. Provides that the Department of Commerce and Economic Opportunity is authorized to provide participating lenders with an administrative or origination fee, in an amount determined by the Department, to cover the costs of loan origination and servicing. Provides that the State shall provide a 100% guarantee on loans issued under the amendatory Act. Provides that participating lenders shall act as originators and servicers of loans and shall not be required to deploy their own capital. Effective immediately.
Where it stands
Rule 3-9(a) / Re-referred to Assignments
May 22, 2026
How did lawmakers vote?
HouseStage: House Third Reading · April 17, 2026
63
Yes
34
No
6
Absent or Not Voting
103 representatives recorded in this House vote. Colors show vote categories only, not whether a vote was good or bad.
See how each representative voted
| Representative | District | Vote |
|---|---|---|
| Aaron Ortiz | 1 | Yes |
| Elizabeth Hernandez | 2 | Yes |
| Eva Dina Delgado | 3 | Yes |
| Lilian Jimenez | 4 | Yes |
| Kimberly Du Buclet | 5 | Yes |
| Sonya Harper | 6 | Yes |
| Emanuel Welch | 7 | Yes |
| Yolanda Morris | 9 | Yes |
| Jawaharial Williams | 10 | Yes |
| Ann Williams | 11 | Yes |
Bill history
Filed with the Clerk by Rep. Elizabeth "Lisa" Hernandez
First Reading
Referred to Rules Committee
Assigned to Economic Opportunity & Equity Committee
Do Pass / Short Debate Economic Opportunity & Equity Committee; 005-002-000
Placed on Calendar 2nd Reading - Short Debate
Second Reading - Short Debate
Held on Calendar Order of Second Reading - Short Debate
House Floor Amendment No. 1 Filed with Clerk by Rep. Elizabeth "Lisa" Hernandez
House Floor Amendment No. 1 Referred to Rules Committee
House Floor Amendment No. 1 Rules Refers to Economic Opportunity & Equity Committee
House Floor Amendment No. 1 Recommends Be Adopted Economic Opportunity & Equity Committee; 005-002-000
House Floor Amendment No. 1 Adopted
Placed on Calendar Order of 3rd Reading - Short Debate
Third Reading - Short Debate - Passed 063-034-000
Arrive in Senate
Placed on Calendar Order of First Reading
Chief Senate Sponsor Sen. Karina Villa
First Reading
Referred to Assignments
Assigned to Appropriations
Rule 2-10 Committee Deadline Established As May 15, 2026
Rule 2-10 Committee Deadline Established As May 22, 2026
Rule 3-9(a) / Re-referred to Assignments
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