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H.R. 976In committee
1071 Repeal to Protect Small Business Lending Act
Introduced: Feb 4, 2025
Latest action date: May 6, 2025
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Current stage
In committee
The most advanced recorded stage is committee consideration.
Introduced
Feb 4, 2025
Latest action
May 6, 2025
Recorded roll calls
0
Civixly topics
What this legislation is about
Civixly topics make federal and state legislation comparable. They are derived from the official CRS policy area and legislative subjects.
Official CRS policy area
Finance and Financial Sector
View 3 official legislative subjects
Banking and financial institutions regulationConsumer creditSmall business
Bill 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.
Committee activity
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Official committee record ↗
Amendments
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No amendments are listed for this measure.
Checked against Congress.gov Sep 13, 2026.
Action timeline
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View full action timeline8 actions
Placed on the Union Calendar, Calendar No. 65.
CalendarsHouse floor actionsReported (Amended) by the Committee on Financial Services. H. Rept. 119-91.
CommitteeHouse floor actionsReported (Amended) by the Committee on Financial Services. H. Rept. 119-91.
CommitteeLibrary of CongressOrdered to be Reported (Amended) by the Yeas and Nays: 27 - 22.
CommitteeHouse committee actionsCommittee Consideration and Mark-up Session Held
CommitteeHouse committee actionsReferred to the House Committee on Financial Services.
IntroReferralHouse floor actionsIntroduced in House
IntroReferralLibrary of CongressIntroduced in House
IntroReferralLibrary of Congress
Roll-call votes
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