Policy updates to comply with Executive Order 14159 regarding citizenship requirements for bonding assistance
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The purpose of this Notice is to revise Standard Operating Procedure (SOP) 50 45 4 for the SBA Surety Bond Guarantee Program to comply with section 20 of Executive Order 14159, “Protecting the American People Against Invasion,” 90 FR 8443 (the “Executive Order”) issued under the authority of the Immigration and Nationality Act (INA) (8 U.S.C. § 1101 et seq.) and section 301 of Title 3, United States Code. The Executive Order directs SBA to identify and stop the provision of any public benefits to any illegal alien not authorized to receive them under the provisions of the INA or other relevant statutory provisions. This Notice formalizes the eligibility requirements for surety bond guarantee applicants.