HR. 976Introduced

1071 Repeal to Protect Small Business Lending Act

What this bill does

Repeals the federal requirement that financial institutions collect and report small business loan application data, including demographic information on women-owned and minority-owned businesses

Key points
  • Repeal loan application data collection requirements
  • Repeal CFPB small business loan reporting

Where it stands

Status
Introduced
Latest action
2025-05-06Placed on the Union Calendar, Calendar No. 65.

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About these signals

Methodology

Impact and Momentum are relative discovery aids calculated by Legislation Lemur. They help you scan the congressional record; they are not predictions, endorsements, ideological ratings, or measures of policy importance.

Impact ScoreOverall observed legislative footprint and accumulated activity.
MomentumHow recently active or changing the bill appears in available data.