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United States · Bill · HR

H.R. 976 (119th)

1071 Repeal to Protect Small Business Lending Act

openUnited States· United States Congress· EN

Introduced

4 February 2025

Last action

Status

Placed on the Union Calendar, Calendar No. 65.

Sponsors

Subjects

Discovery layer

Source updated

6 December 2025

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.

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3 official files

Reported in House

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