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United States · Bill · S

S. 1119 (117th)

Small Business Lending Fairness Act

referredUnited States· United States Congress· EN

Introduced

14 April 2021

Last action

14 April 2021 · Introduced

Status

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Sponsors

Sen. Brown, Sherrod [D-OH], Sen. Rubio, Marco [R-FL], Sen. Cardin, Benjamin L. [D-MD], Sen. Marshall, Roger [R-KS]

Subjects

Discovery layer

Source updated

5 December 2025

Summary

Small Business Lending Fairness Act This bill prohibits as a condition to a loan or extension of credit a confession of judgment or similar agreement. (A confession of judgment is an agreement to a judgment of liability without notice and opportunity to be heard in court in the event of the default of a borrower.)

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

Timeline

  1. 14 April 2021

    Introduced

    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    Source: IntroReferral

  2. 14 April 2021

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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Leesvertaling

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 14 April 2021

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 14 April 2021

    ViewDownloadOpen at official source

    Leesvertaling

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  • Introduced in Senate

    summary · EN · 14 April 2021

    Open at official source

    Leesvertaling

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Sponsors

Related records

Sources

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