HR 2885 · 119th Congress · Finance and Financial Sector

Bank Loan Privacy Act

Introduced 2025-04-10· Sponsored by Rep. Rose, John W. [R-TN-6]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Financial Services.(2025-04-10)

Plain Language Summary

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 2885 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 2885 To require the Bureau of Consumer Financial Protection to issue a rule before deleting or modifying certain small business loan data, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES April 10, 2025 Mr. Rose (for himself and Ms. De La Cruz) introduced the following bill; which was referred to the Committee on Financial Services _______________________________________________________________________ A BILL To require the Bureau of Consumer Financial Protection to issue a rule before deleting or modifying certain small business loan data, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Bank Loan Privacy Act''. SEC. 2. RULEMAKING REQUIREMENT. Section 704B(e)(4) of the Equal Credit Opportunity Act (15 U.S.C. 1691c-2(e)(4)) is amended-- (1) by striking ``The Bureau may,'' and inserting: ``(A) In general.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (2)

2 Republicans