# 114-hr-3195: Small Business Administration Franchise Loan Transparency Act of 2015

114-hr-3195, Small Business Administration Franchise Loan Transparency Act of 2015, is a 114th Congress bill sponsored by Rep. Ellison, Keith [D-MN-5] (D-MN); status Referred to the Subcommittee on Commerce, Manufacturing, and Trade. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/114-hr-3195
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 114-hr-3195
- Congress: 114
- Title: Small Business Administration Franchise Loan Transparency Act of 2015
- Status: Referred to the Subcommittee on Commerce, Manufacturing, and Trade.
- Introduced: 2015-07-23
- Sponsor: Rep. Ellison, Keith [D-MN-5] (D-MN)
- Cosponsors: 1
- Policy area: Commerce
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Small Business Administration Franchise Loan Transparency Act of 2015 This bill requires a franchisor, except one with a franchise in the lodging industry, to disclose in the required Federal Trade Commission disclosure document: the average first-year revenue of each specific location of the franchise for each of the preceding five years of operation; the number of franchise locations that went out of business or were sold by the franchisee during the first year of operation for each such period; and the average revenues for all locations of the franchise for each such period, aggregated to show the top 25%, middle 50%, and the bottom 25% of revenue. Any financial information relating to the performance of any franchise's location provided by the franchisor, or its representatives, to the lender for the purpose of qualifying the loan, must be disclosed to the prospective franchisee borrower.

## Cosponsors (1)

- JOHN CONYERS (D-MI), 2015-07-23T00:00:00.000Z

## Related bills

- 114-hr-6428: To amend title XVIII of the Social Security Act to limit Medicare part B premium increases for 2017.
- 114-hr-6382: No Religious Registry Act
- 114-hr-6225: Ensuring Diverse Leadership at the Federal Reserve Act of 2016
- 114-hr-6097: Immigration Courts Bail Reform Act
- 114-hr-6048: HBCU Investment Expansion Act
- 114-hr-6006: Lost Boys and Girls RISE Act

## Sources
- [114-hr-3195 on Congress.gov](https://www.congress.gov/bill/114th-congress/house-bill/3195)

## Related
- [114-hr-6428: To amend title XVIII of the Social Security Act to limit Medicare part B premiu…](https://policyrisk.com/legislation/114-hr-6428)
- [114-hr-6382: No Religious Registry Act](https://policyrisk.com/legislation/114-hr-6382)
- [114-hr-6225: Ensuring Diverse Leadership at the Federal Reserve Act of 2016](https://policyrisk.com/legislation/114-hr-6225)
- [114-hr-6097: Immigration Courts Bail Reform Act](https://policyrisk.com/legislation/114-hr-6097)
- [114-hr-6048: HBCU Investment Expansion Act](https://policyrisk.com/legislation/114-hr-6048)
- [114-hr-6006: Lost Boys and Girls RISE Act](https://policyrisk.com/legislation/114-hr-6006)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/114-hr-3195 (as of 2025-11-18).