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United States · Bill · S

S. 1961 (116th)

Small Business Lending Fairness Act

referredUnited States· United States Congress· EN

Introduced

25 June 2019

Last action

25 June 2019 · 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]

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. 25 June 2019

    Introduced

    Introduced in Senate

    Source: IntroReferral

  2. 25 June 2019

    Introduced

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

    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 · 25 June 2019

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 25 June 2019

    ViewDownloadOpen at official source

    Leesvertaling

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  • Introduced in Senate

    summary · EN · 25 June 2019

    Open at official source

    Leesvertaling

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    Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

Related records

Sources

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