S. 2562

119 S2562 IS: Equal Shot Act of 2025
 U.S. Senate
 2025-07-31
 text/xml
 EN
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 II  119th CONGRESS  1st Session  S. 2562  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.
1.
Short title
This Act may be cited as the   Equal Shot Act of 2025  .
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.
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.