H.R.6054: Small Business Lending Disclosure Act of 2021

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Bill Summary

Small Business Lending Disclosure Act of 2021 This bill applies specified commercial lending protections to small business lending and extends the Consumer Financial Protection Bureau's regulatory authority regarding consumer financial products and services to include small business financing. Among other requirements, lenders offering financial products to small businesses must disclose the terms of the financing upon extending an offer and...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There is one statement associated with H.R.6054.

Bill Actions

Date Description
Nov. 18, 2021
Referred to the House Committee on Financial Services.
Nov. 18, 2021

Introduced in the House by Nydia M. Velázquez (D-N.Y.)

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