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United States · Bill · HR

H.R. 3372 (107th)

Access and Openness in Small Business Lending Act of 2001

referredUnited States· United States Congress· EN

Introduced

29 November 2001

Last action

10 December 2001 · Referred

Status

Referred to the Subcommittee on Financial Institutions and Consumer Credit.

Sponsors

Rep. McGovern, James P. [D-MA-2], Rep. Morella, Constance A. [R-MD-8], Rep. Rush, Bobby L. [D-IL-1], Rep. Slaughter, Louise McIntosh [D-NY-25], Sen. Udall, Tom [D-NM], Rep. Gutierrez, Luis V. [D-IL-4], Rep. Bonior, David E. [D-MI-10], Rep. Price, David E. [D-NC-4]

Subjects

Discovery layer

Source updated

19 August 2025

Summary

Access and Openness in Small Business Lending Act of 2001 - Amends the Equal Credit Opportunity Act to require a depository institution, in the case of an application for credit made by a small business, to: (1) inquire whether the business is a women- or minority-owned business; and (2) maintain a record of the responses to such inquiry separate from the application and accompanying information. Allows any applicant to refuse to provide such information. Prohibits: (1) access to such information by any loan underwriter, officer, employee, or affiliate of the depository institution; and (2) the depository institution from including personally identifiable information in such record of responses. Requires such information to be made available to Federal enforcement agencies. Exempts from such requirements institutions having total assets equal to or less than the exemption amount determined under the Home Mortgage Disclosure Act of 1975.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 29 November 2001

    Introduced

    Referred to the House Committee on Financial Services.

    Source: IntroReferral

  2. 29 November 2001

    Introduced

    Sponsor introductory remarks on measure. (CR H8630-8631)

    Source: IntroReferral

  3. 29 November 2001

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 29 November 2001

    Introduced

    Introduced in House

    Source: IntroReferral

  5. 10 December 2001

    Referred

    Referred to the Subcommittee on Financial Institutions and Consumer Credit.

    Source: Committee

Votes

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Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 29 November 2001

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 29 November 2001

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 29 November 2001

    Open at official source

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Sponsors

Related records

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Sources

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