Equal Shot Act of 2025

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[S. 2562 Introduced in Senate (IS)]

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119th CONGRESS
  1st Session
                                S. 2562

 To promote fair and equal treatment by the Administrator of the Small 
   Business Administration with respect to certain firearms industry 
           applicants for assistance, and for other purposes.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                             July 31, 2025

 Mr. Risch (for himself, Mr. Justice, Mr. Daines, Mrs. Hyde-Smith, Mr. 
Crapo, Mr. Lee, Ms. Lummis, Mrs. Capito, Mr. Cassidy, Mr. Graham, Mrs. 
    Fischer, Mr. Sheehy, Mr. Scott of South Carolina, Mr. Budd, Mr. 
 Kennedy, Mrs. Blackburn, Mr. Lankford, and Mr. Tuberville) introduced 
the following bill; which was read twice and referred to the Committee 
                 on Small Business and Entrepreneurship

_______________________________________________________________________

                                 A BILL


 
 To promote fair and equal treatment by the Administrator of the Small 
   Business Administration with respect to certain firearms industry 
           applicants for assistance, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Equal Shot Act of 2025''.

SEC. 2. DEFINITIONS.

    In this Act:
            (1) Firearm entity.--The term ``firearm entity'' means an 
        entity engaged in the design, manufacture, marketing, 
        distribution, importation, promotion, or sale of firearms, 
        ammunition, any component part of a firearm or ammunition, or 
        any part, combination of parts, or components of attachments, 
        accessories, or other instruments associated with the use of 
        firearms (including scopes, sights, optics, stocks, grips, 
        stabilizing braces, mounts, weapon mounted lights, 
        multifunction aiming lights, silencers, magazines, clips, feed 
        strips, any other ammunition feeding device, holsters, slings, 
        secure gun storage or safety devices (as defined in section 
        921(a) of title 18, United States Code), firearm cleaning kits, 
        range equipment, and other related products).
            (2) Firearm entity affiliate.--The term ``firearm entity 
        affiliate'' means a sport shooting range, an entity providing 
        course of instruction on the lawful use of firearms, and any 
        other entity that is affiliated, associated, or connected with 
        a firearm entity.
            (3) Firearm trade association.--The term ``firearm trade 
        association'' means an organization that represents a firearm 
        entity or firearm entity affiliate.

SEC. 3. TREATMENT OF CERTAIN FIREARMS INDUSTRY APPLICANTS FOR 
              ASSISTANCE BY THE SMALL BUSINESS ADMINISTRATION.

    The Administrator of the Small Business Administration may not 
adopt any policy, practice, guidance, or directive that discriminates 
against an otherwise eligible applicant for financial assistance under 
the Small Business Act (15 U.S.C. 631 et seq.) or the Small Business 
Investment Act of 1958 (15 U.S.C. 661 et seq.), including an applicant 
for a loan or loan guarantee, solely because the applicant is a--
            (1) firearm entity;
            (2) firearm entity affiliate; or
            (3) firearm trade association.
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