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119th Congress

H.R. 976

1071 Repeal to Protect Small Business Lending Act

  1. Introduced
  2. In committee
  3. Passed House
  4. Passed Senate
  5. To President
  6. Became law
Sponsor
Roger Williams(R-TX)
Introduced
Feb 4, 2025
Policy area
Finance and Financial Sector
Committees
House Committee on Financial Services
Official text
Reported in House · Congress.gov page

Cosponsors (52)

Original cosponsors (29)
Added later (23)

Summary

Summary by the Congressional Research Service· describes the “Introduced in House” version

1071 Repeal to Protect Small Business Lending Act This bill repeals the statute that requires financial institutions to collect data regarding applications for women-owned, minority-owned, or small business loans. Currently, financial institutions must collect and report to the Consumer Financial Protection Bureau information on (1) how many applications were received; (2) the disposition of each application; (3) the type of loan; (4) the amount applied for; (5) the amount approved; and (6) each applicant’s census tract, revenue, race, sex, and ethnicity.

Roll-call votes

No recorded votes on this bill.

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