HR 976 · 1071 Repeal to Protect Small Business Lending Act
Placed on the Union Calendar, Calendar No. 65.
- Introduced
- Feb 4, 2025
- Latest action
- May 6, 2025
- Sponsor
- Rep. Roger Williams [R-TX-25]
- Policy area
- Finance and Financial Sector
- Cosponsors
- 52
Summary
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.
Recent actions
- May 6, 2025 Placed on the Union Calendar, Calendar No. 65.
- May 6, 2025 Reported (Amended) by the Committee on Financial Services. H. Rept. 119-91.
- May 6, 2025 Reported (Amended) by the Committee on Financial Services. H. Rept. 119-91.
- Apr 2, 2025 Ordered to be Reported (Amended) by the Yeas and Nays: 27 - 22.
- Apr 2, 2025 Committee Consideration and Mark-up Session Held
- Feb 4, 2025 Referred to the House Committee on Financial Services.
- Feb 4, 2025 Introduced in House
- Feb 4, 2025 Introduced in House
Votes
No recorded votes are available for this bill.