# 119-hr-976: 1071 Repeal to Protect Small Business Lending Act 119-hr-976, 1071 Repeal to Protect Small Business Lending Act, is a 119th Congress bill sponsored by Rep. Williams, Roger [R-TX-25] (R-TX); status in_committee; PRIA reads it as touching household money (as of 2026-04-21). - Canonical: https://policyrisk.com/legislation/119-hr-976 - As of: 2026-04-21 - Plain-text twin of the page above; the HTML and this file carry the same facts. ## Facts - Bill: 119-hr-976 - Congress: 119 - Title: 1071 Repeal to Protect Small Business Lending Act - Status: in_committee - Introduced: 2025-02-04 - Sponsor: Rep. Williams, Roger [R-TX-25] (R-TX) - Cosponsors: 52 - Policy area: Finance and Financial Sector - Touches household money: yes - Last recorded action: 2026-04-21 ## Summary **Repeal of small-business loan data reporting.** This bill would eliminate the federal requirement for financial institutions to collect and report standardized data on small business loan applications under Section 1071 of the Dodd-Frank Act. - Financial institutions would no longer have to collect and submit small business lending data, reducing compliance work and related costs for banks and lenders. - Small businesses could face fewer application disclosures and may see smoother access to credit if lenders cut compliance-related delays. - The change removes Section 1071 from the Dodd-Frank Act and Section 704B from the Equal Credit Opportunity Act and strips the corresponding table of contents entries from both laws. ## Cosponsors (52) - Rep. Huizenga, Bill [R-MI-4] (R-MI), 2025-02-04T00:00:00.000Z - Rep. Flood, Mike [R-NE-1] (R-NE), 2025-02-04T00:00:00.000Z - Rep. Meuser, Daniel [R-PA-9] (R-PA), 2025-02-04T00:00:00.000Z - Rep. Wagner, Ann [R-MO-2] (R-MO), 2025-02-04T00:00:00.000Z - Rep. De La Cruz, Monica [R-TX-15] (R-TX), 2025-02-04T00:00:00.000Z - Rep. Nunn, Zachary [R-IA-3] (R-IA), 2025-02-04T00:00:00.000Z - Rep. Downing, Troy [R-MT-2] (R-MT), 2025-02-04T00:00:00.000Z - Rep. Donalds, Byron [R-FL-19] (R-FL), 2025-02-04T00:00:00.000Z - Rep. Haridopolos, Mike [R-FL-8] (R-FL), 2025-02-04T00:00:00.000Z - Rep. Lucas, Frank D. [R-OK-3] (R-OK), 2025-02-04T00:00:00.000Z - Rep. Garbarino, Andrew R. [R-NY-2] (R-NY), 2025-02-04T00:00:00.000Z - Rep. Finstad, Brad [R-MN-1] (R-MN), 2025-02-04T00:00:00.000Z - Rep. Moore, Tim [R-NC-14] (R-NC), 2025-02-04T00:00:00.000Z - Rep. Barr, Andy [R-KY-6] (R-KY), 2025-02-04T00:00:00.000Z - Rep. Collins, Mike [R-GA-10] (R-GA), 2025-02-04T00:00:00.000Z - Rep. Davidson, Warren [R-OH-8] (R-OH), 2025-02-04T00:00:00.000Z - Rep. Kustoff, David [R-TN-8] (R-TN), 2025-02-04T00:00:00.000Z - Rep. Bergman, Jack [R-MI-1] (R-MI), 2025-02-04T00:00:00.000Z - Rep. Tenney, Claudia [R-NY-24] (R-NY), 2025-02-04T00:00:00.000Z - Rep. Norman, Ralph [R-SC-5] (R-SC), 2025-02-04T00:00:00.000Z - Rep. Ogles, Andrew [R-TN-5] (R-TN), 2025-02-04T00:00:00.000Z - Rep. Ezell, Mike [R-MS-4] (R-MS), 2025-02-04T00:00:00.000Z - Rep. Yakym, Rudy [R-IN-2] (R-IN), 2025-02-04T00:00:00.000Z - Rep. Jackson, Ronny [R-TX-13] (R-TX), 2025-02-04T00:00:00.000Z - Rep. Grothman, Glenn [R-WI-6] (R-WI), 2025-02-04T00:00:00.000Z - Rep. Loudermilk, Barry [R-GA-11] (R-GA), 2025-02-04T00:00:00.000Z - Rep. Gill, Brandon [R-TX-26] (R-TX), 2025-02-04T00:00:00.000Z - Rep. Taylor, David J. [R-OH-2] (R-OH), 2025-02-04T00:00:00.000Z - Rep. Van Duyne, Beth [R-TX-24] (R-TX), 2025-02-04T00:00:00.000Z - Rep. Hageman, Harriet M. [R-WY-At Large] (R-WY), 2025-02-06T00:00:00.000Z - Rep. Murphy, Gregory F. [R-NC-3] (R-NC), 2025-02-06T00:00:00.000Z - Rep. Graves, Sam [R-MO-6] (R-MO), 2025-02-06T00:00:00.000Z - Rep. Guest, Michael [R-MS-3] (R-MS), 2025-02-06T00:00:00.000Z - Rep. Sessions, Pete [R-TX-17] (R-TX), 2025-02-06T00:00:00.000Z - Rep. Schmidt, Derek [R-KS-2] (R-KS), 2025-02-07T00:00:00.000Z - Rep. Fitzgerald, Scott [R-WI-5] (R-WI), 2025-02-07T00:00:00.000Z - Rep. Palmer, Gary J. [R-AL-6] (R-AL), 2025-02-10T00:00:00.000Z - Rep. Stutzman, Marlin A. [R-IN-3] (R-IN), 2025-02-10T00:00:00.000Z - Rep. Kelly, Trent [R-MS-1] (R-MS), 2025-02-10T00:00:00.000Z - Rep. Johnson, Dusty [R-SD-At Large] (R-SD), 2025-02-10T00:00:00.000Z - Rep. Mann, Tracey [R-KS-1] (R-KS), 2025-02-11T00:00:00.000Z - Rep. Smith, Adrian [R-NE-3] (R-NE), 2025-02-14T00:00:00.000Z - Rep. Cloud, Michael [R-TX-27] (R-TX), 2025-02-14T00:00:00.000Z - Rep. Goldman, Craig A. [R-TX-12] (R-TX), 2025-02-26T00:00:00.000Z - Rep. Carter, John R. [R-TX-31] (R-TX), 2025-03-03T00:00:00.000Z - Rep. Self, Keith [R-TX-3] (R-TX), 2025-03-10T00:00:00.000Z - Rep. Lawler, Michael [R-NY-17] (R-NY), 2025-03-31T00:00:00.000Z - Rep. Rose, John W. [R-TN-6] (R-TN), 2025-04-01T00:00:00.000Z - Rep. Miller-Meeks, Mariannette [R-IA-1] (R-IA), 2025-04-10T00:00:00.000Z - Rep. Van Drew, Jefferson [R-NJ-2] (R-NJ), 2025-04-10T00:00:00.000Z - Rep. Alford, Mark [R-MO-4] (R-MO), 2025-04-17T00:00:00.000Z - Rep. Wied, Tony [R-WI-8] (R-WI), 2025-04-17T00:00:00.000Z ## Provisions PRIA read - Repeal of small business loan reporting: mixed, medium. This bill would remove federal rules that require many lenders to collect and report small-business loan data. If enacted, covered lenders would no longer have those reporting duties, effective upon enactment. Lenders could save money on compliance. The public and regulators would have less data ab… ## Related bills - 119-hr-452: Miracle on Ice Congressional Gold Medal Act - 119-hr-38: Constitutional Concealed Carry Reciprocity Act of 2025 - 119-hr-703: Main Street Tax Certainty Act - 119-hr-1628: 761st Tank Battalion Congressional Gold Medal Act - 119-hr-1919: Anti-CBDC Surveillance State Act - 119-hr-1301: Death Tax Repeal Act ## Sources - [119-hr-976 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/976) ## Related - [119-hr-452: Miracle on Ice Congressional Gold Medal Act](https://policyrisk.com/legislation/119-hr-452) - [119-hr-38: Constitutional Concealed Carry Reciprocity Act of 2025](https://policyrisk.com/legislation/119-hr-38) - [119-hr-703: Main Street Tax Certainty Act](https://policyrisk.com/legislation/119-hr-703) - [119-hr-1628: 761st Tank Battalion Congressional Gold Medal Act](https://policyrisk.com/legislation/119-hr-1628) - [119-hr-1919: Anti-CBDC Surveillance State Act](https://policyrisk.com/legislation/119-hr-1919) - [119-hr-1301: Death Tax Repeal Act](https://policyrisk.com/legislation/119-hr-1301) - [All bills in Congress](https://policyrisk.com/legislation) Source: PRIA, https://policyrisk.com/legislation/119-hr-976 (as of 2026-04-21).