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1071 Repeal to Protect Small Business Lending Act

H.R. 976 Rep. Roger Williams (R-TX-25) In committee
  1. Introduced Feb 4
  2. Committee Feb 4
  3. Passed House Next
  4. Passed Senate Not yet
  5. To President Not yet
  6. Law Not yet
Where it stands
In committee, Feb 4, 2025Next: House vote
540d ago May 6, 2025: Placed on the Union Calendar, Calendar No. 65.
Final votes
No roll callsNo recorded vote on this bill yet
Lobbying
1company, 1 filing
Member trades
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Companies lobbying on this bill

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Summary

1071 Repeal to Protect Small Business Lending Act

Full summary1 paragraphs

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.

Library of Congress summary, Feb 4, 2025

Summary versions
  • Introduced in HouseFeb 4, 2025

Official record from Congress.gov, the House Clerk and the Senate; lobbying from Lobbying Disclosure Act filings. Updated Oct 28, 2026.