PRIA Logo™
117-hr-6054117th Congress

Small Business Lending Disclosure Act of 2021

Sponsored By: Representative Velázquez, Nydia M. [D-NY-7]

Unknown

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 are prohibited from charging certain additional fees on a refinanced or modified loan.

Personalized for You

How does this bill affect your finances?

Personalize government policy and PRIA will tell you what this bill means for your household, plus every other piece of legislation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.

Free to download

Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Velázquez, Nydia M. [D-NY-7]

NY • D

Cosponsors

  • Rep. Perlmutter, Ed [D-CO-7]

    CO • D

    Sponsored 11/18/2021

  • Rep. Waters, Maxine [D-CA-43]

    CA • D

    Sponsored 11/18/2021

  • Rep. Meeks, Gregory W. [D-NY-5]

    NY • D

    Sponsored 12/7/2021

  • Rep. Cleaver, Emanuel [D-MO-5]

    MO • D

    Sponsored 1/18/2022

  • Rep. Beatty, Joyce [D-OH-3]

    OH • D

    Sponsored 1/18/2022

  • Rep. Lynch, Stephen F. [D-MA-8]

    MA • D

    Sponsored 1/18/2022

  • Rep. Maloney, Carolyn B. [D-NY-12]

    NY • D

    Sponsored 4/7/2022

Roll Call Votes

No roll call votes available for this bill.

View on Congress.gov
Back to Legislation