# 117-hr-7351: Promoting Fair Lending to Small Businesses Act

117-hr-7351, Promoting Fair Lending to Small Businesses Act, is a 117th Congress bill sponsored by Rep. Velázquez, Nydia M. [D-NY-7] (D-NY); status Referred to the House Committee on Financial Services. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/117-hr-7351
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 117-hr-7351
- Congress: 117
- Title: Promoting Fair Lending to Small Businesses Act
- Status: Referred to the House Committee on Financial Services.
- Introduced: 2022-03-31
- Sponsor: Rep. Velázquez, Nydia M. [D-NY-7] (D-NY)
- Cosponsors: 0
- Policy area: Finance and Financial Sector
- Touches household money: no
- Last recorded action: 2025-11-18

## 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 the bill, nondepository lenders include financial institutions that are not banks or credit unions but that are required to report under certain fair lending laws.

## Related bills

- 117-hr-1448: PAWS for Veterans Therapy Act
- 117-hr-3537: Accelerating Access to Critical Therapies for ALS Act
- 117-hr-3525: Commission To Study the Potential Creation of a National Museum of Asian Pacific American History and Culture Act
- 117-hr-7791: Access to Baby Formula Act of 2022
- 117-hr-7077: Empowering the U.S. Fire Administration Act
- 117-hr-5142: To award posthumously a Congressional Gold Medal, in commemoration to the servicemembers who perished in Afghanistan on August 26, 2021, during the evacuation…

## Sources
- [117-hr-7351 on Congress.gov](https://www.congress.gov/bill/117th-congress/house-bill/7351)

## Related
- [117-hr-1448: PAWS for Veterans Therapy Act](https://policyrisk.com/legislation/117-hr-1448)
- [117-hr-3537: Accelerating Access to Critical Therapies for ALS Act](https://policyrisk.com/legislation/117-hr-3537)
- [117-hr-3525: Commission To Study the Potential Creation of a National Museum of Asian Pacifi…](https://policyrisk.com/legislation/117-hr-3525)
- [117-hr-7791: Access to Baby Formula Act of 2022](https://policyrisk.com/legislation/117-hr-7791)
- [117-hr-7077: Empowering the U.S. Fire Administration Act](https://policyrisk.com/legislation/117-hr-7077)
- [117-hr-5142: To award posthumously a Congressional Gold Medal, in commemoration to the servi…](https://policyrisk.com/legislation/117-hr-5142)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/117-hr-7351 (as of 2025-11-18).