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- S.3235
S.3235: Small Business Lending Disclosure Act of 2021
About This Bill
- Introduced Nov. 18, 2021
- Latest Major Action Nov. 18, 2021
Bill Sponsor
Bill Cosponsors
4 (All Democrats)
Bill Version
- Introduced in Senate - Nov. 18, 2021
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)
Bill Actions
| Date | Description |
|---|---|
| Nov. 18, 2021 |
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
|
| Nov. 18, 2021 |
Introduced in the Senate by Robert Menendez (D-N.J.) |