Politiparty
Politiparty

119th Congress Finance and Financial Sector

H.R. 976: 1071 Repeal to Protect Small Business Lending Act

ReportedMay 6, 2025

  1. Introduced (completed)Feb 4, 2025
  2. Passed House (not reached)
  3. Passed Senate (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Introduced in House, Feb 4, 2025

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.

Written by the Congressional Research Service, Library of Congress.

Roll calls

0 votes on this bill

No roll call votes have been held on this bill.

Amendments

0 offered

No amendments were offered to this bill.

Cosponsors

52

Who scored on this bill

44 points earned
  1. 1Roger Williams R-TX SponsorReached a cosponsor milestone, introduced, marked up, reported5 events+44
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Introductions and cosponsorships count toward weekly caps and show no points.

Other bills by Roger Williams

History

  1. Feb 4, 2025Introduced in the House by Roger Williams.
Show the full action history (6 actions)
  1. May 6, 2025Reported (Amended) by the Committee on Financial Services. H. Rept. 119-91.
  2. May 6, 2025Placed on the Union Calendar, Calendar No. 65.
  3. Apr 2, 2025Committee Consideration and Mark-up Session Held
  4. Apr 2, 2025Ordered to be Reported (Amended) by the Yeas and Nays: 27 - 22.
  5. Feb 4, 2025Introduced in House
  6. Feb 4, 2025Referred to the House Committee on Financial Services.