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- H.R.7351
H.R.7351: Promoting Fair Lending to Small Businesses Act
About This Bill
- Introduced March 31, 2022
- Latest Major Action March 31, 2022
Bill Sponsor
Bill Version
- Introduced in House - March 31, 2022
Bill Summary
Promoting Fair Lending to Small Businesses Act This bill requires the Consumer Financial Protection Bureau (CFPB) to require reports from and conduct periodic examinations of certain nondepository business lenders. Specifically, the CFPB must assess these lenders' compliance with fair lending laws, obtain information about compliance systems or procedures, and detect risks to small businesses and to minority- and women-owned businesses. Under...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| March 31, 2022 |
Referred to the House Committee on Financial Services.
|
| March 31, 2022 |
Introduced in the House by Nydia M. Velázquez (D-N.Y.) |