119th Congress Finance and Financial Sector
S. 557: 1071 Repeal to Protect Small Business Lending Act
Introduced
- Introduced (completed)
- Passed Senate (not reached)
- Passed House (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
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
No roll call votes have been held on this bill.
Amendments
No amendments were offered to this bill.
Cosponsors
- John Boozman R-AROriginal
- John Barrasso R-WYOriginal
- Ted Cruz R-TXOriginal
- Steve Daines R-MTOriginal
- Joni Ernst R-IAOriginal
- Cindy Hyde-Smith R-MSOriginal
- Mike Rounds R-SDOriginal
- Roger Wicker R-MSOriginal
- Pete Ricketts R-NE
- Katie Britt R-AL
- Jon Husted R-OH
- Jerry Moran R-KS
- Charles Grassley R-IA
- Michael Crapo R-ID
- James Risch R-ID
Who scored on this bill
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History
- Introduced in the Senate by John Kennedy.
Show the full action history (2 actions)
- Introduced in Senate
- Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.