1071 Repeal to Protect Small Business Lending Act
- Bill Number
- H.R. 976
- Origin Chamber
- House
- Congress
- 119th Congress, Session 1
- Policy Area
- Finance and Financial Sector
- Status
- Introduced
- Latest Action
- 2025-05-06: Placed on the Union Calendar, Calendar No. 65.
- Last Updated
- 2025-12-06T07:05:00Z
Official 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.
Sponsor
Rep. Williams, Roger [R-TX-25]
Cosponsors (52)
Rep. Huizenga, Bill [R-MI-4], Rep. Flood, Mike [R-NE-1], Rep. Meuser, Daniel [R-PA-9], Rep. Wagner, Ann [R-MO-2], Rep. De La Cruz, Monica [R-TX-15], Rep. Nunn, Zachary [R-IA-3], Rep. Downing, Troy [R-MT-2], Rep. Donalds, Byron [R-FL-19], Rep. Haridopolos, Mike [R-FL-8], Rep. Lucas, Frank D. [R-OK-3], Rep. Garbarino, Andrew R. [R-NY-2], Rep. Finstad, Brad [R-MN-1], Rep. Moore, Tim [R-NC-14], Rep. Barr, Andy [R-KY-6], Rep. Collins, Mike [R-GA-10], Rep. Davidson, Warren [R-OH-8], Rep. Kustoff, David [R-TN-8], Rep. Bergman, Jack [R-MI-1], Rep. Tenney, Claudia [R-NY-24], Rep. Norman, Ralph [R-SC-5], Rep. Ogles, Andrew [R-TN-5], Rep. Ezell, Mike [R-MS-4], Rep. Yakym, Rudy [R-IN-2], Rep. Jackson, Ronny [R-TX-13], Rep. Grothman, Glenn [R-WI-6], Rep. Loudermilk, Barry [R-GA-11], Rep. Gill, Brandon [R-TX-26], Rep. Taylor, David [R-OH-2], Rep. Van Duyne, Beth [R-TX-24], Rep. Hageman, Harriet M. [R-WY-At Large], Rep. Murphy, Gregory F. [R-NC-3], Rep. Graves, Sam [R-MO-6], Rep. Guest, Michael [R-MS-3], Rep. Sessions, Pete [R-TX-17], Rep. Schmidt, Derek [R-KS-2], Rep. Fitzgerald, Scott [R-WI-5], Rep. Palmer, Gary J. [R-AL-6], Rep. Stutzman, Marlin A. [R-IN-3], Rep. Kelly, Trent [R-MS-1], Rep. Johnson, Dusty [R-SD-At Large], Rep. Mann, Tracey [R-KS-1], Rep. Smith, Adrian [R-NE-3], Rep. Cloud, Michael [R-TX-27], Rep. Goldman, Craig [R-TX-12], Rep. Carter, John R. [R-TX-31], Rep. Self, Keith [R-TX-3], Rep. Lawler, Michael [R-NY-17], Rep. Rose, John W. [R-TN-6], Rep. Miller-Meeks, Mariannette [R-IA-1], Rep. Van Drew, Jefferson [R-NJ-2] and 2 more
Recent Actions
- 2025-05-06: Placed on the Union Calendar, Calendar No. 65.
- 2025-05-06: Reported (Amended) by the Committee on Financial Services. H. Rept. 119-91.
- 2025-05-06: Reported (Amended) by the Committee on Financial Services. H. Rept. 119-91.
- 2025-04-02: Ordered to be Reported (Amended) by the Yeas and Nays: 27 - 22.
- 2025-04-02: Committee Consideration and Mark-up Session Held
- 2025-02-04: Referred to the House Committee on Financial Services.
- 2025-02-04: Introduced in House
- 2025-02-04: Introduced in House
Bill Versions
- 1071 Repeal to Protect Small Business Lending Act — issued 2025-02-04 — PDF (3 pages)
- 1071 Repeal to Protect Small Business Lending Act — issued 2025-05-06 — PDF (6 pages)