# 114-hr-3559: Small Business Administration Franchise Loan Transparency Act of 2015

114-hr-3559, 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-3559
- 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-3559
- Congress: 114
- Title: Small Business Administration Franchise Loan Transparency Act of 2015
- Status: Referred to the Subcommittee on Commerce, Manufacturing, and Trade.
- Introduced: 2015-09-18
- Sponsor: Rep. Ellison, Keith [D-MN-5] (D-MN)
- Cosponsors: 10
- 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 for all franchise locations 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 (10)

- JOHN CONYERS (D-MI), 2015-09-18T00:00:00.000Z
- Rep. Huffman, Jared [D-CA-2] (D-CA), 2015-09-18T00:00:00.000Z
- Rep. Larson, John B. [D-CT-1] (D-CT), 2015-09-29T00:00:00.000Z
- Rep. Connolly, Gerald E. [D-VA-11] (D-VA), 2015-10-08T00:00:00.000Z
- Rep. McCollum, Betty [D-MN-4] (D-MN), 2015-10-26T00:00:00.000Z
- Rep. Frankel, Lois [D-FL-22] (D-FL), 2016-02-29T00:00:00.000Z
- Del. Norton, Eleanor Holmes [D-DC-At Large] (D-DC), 2016-03-10T00:00:00.000Z
- Rep. Grijalva, Raúl M. [D-AZ-7] (D-AZ), 2016-03-14T00:00:00.000Z
- Rep. Scott, Robert C. "Bobby" [D-VA-3] (D-VA), 2016-03-23T00:00:00.000Z
- Rep. Payne, Donald M., Jr. [D-NJ-10] (D-NJ), 2016-12-01T00:00:00.000Z

## Related bills

- 114-hr-5044: Making supplemental appropriations for fiscal year 2016 to respond to Zika virus.
- 114-hr-4592: Naismith Memorial Basketball Hall of Fame Commemorative Coin Act
- 114-hr-4479: Families of Flint Act
- 114-hr-4269: Assault Weapons Ban of 2015
- 114-hr-3514: WAGE Act
- 114-hr-3268: PAST Act

## Sources
- [114-hr-3559 on Congress.gov](https://www.congress.gov/bill/114th-congress/house-bill/3559)

## Related
- [114-hr-5044: Making supplemental appropriations for fiscal year 2016 to respond to Zika viru…](https://policyrisk.com/legislation/114-hr-5044)
- [114-hr-4592: Naismith Memorial Basketball Hall of Fame Commemorative Coin Act](https://policyrisk.com/legislation/114-hr-4592)
- [114-hr-4479: Families of Flint Act](https://policyrisk.com/legislation/114-hr-4479)
- [114-hr-4269: Assault Weapons Ban of 2015](https://policyrisk.com/legislation/114-hr-4269)
- [114-hr-3514: WAGE Act](https://policyrisk.com/legislation/114-hr-3514)
- [114-hr-3268: PAST Act](https://policyrisk.com/legislation/114-hr-3268)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/114-hr-3559 (as of 2025-11-18).