H.R. 976: 1071 Repeal to Protect Small Business Lending Act
Latest action, May 6, 2025: Reported (Amended) by the Committee on Financial Services. H. Rept. 119-91.
Official 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.
Sponsors
- Roger Williams
- Adrian Smith
- Andrew Ogles
- Andrew R. Garbarino
- Andy Barr
- Ann Wagner
- Barry Loudermilk
- Beth Van Duyne
- Bill Huizenga
- Brad Finstad
- Brandon Gill
- Byron Donalds
- Claudia Tenney
- Craig A. Goldman
- Daniel Meuser
- David J. Taylor
- David Kustoff
- Derek Schmidt
- Dusty Johnson
- Frank D. Lucas
- Gary J. Palmer
- Glenn Grothman
- Gregory F. Murphy
- Harriet M. Hageman
- Jack Bergman
- Jefferson Van Drew
- John R. Carter
- John W. Rose
- Keith Self
- Mariannette Miller-Meeks
- Mark Alford
- Marlin A. Stutzman
- Michael Cloud
- Michael Guest
- Michael Lawler
- Mike Collins
- Mike Ezell
- Mike Flood
- Mike Haridopolos
- Monica De La Cruz
- Pete Sessions
- Ralph Norman
- Ronny Jackson
- Rudy Yakym III
- Sam Graves
- Scott Fitzgerald
- Tim Moore
- Tony Wied
- Tracey Mann
- Trent Kelly
- Troy Downing
- Warren Davidson
- Zachary Nunn