HR 2885 · 119th Congress · Finance and Financial Sector
Bank Loan Privacy Act
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Financial Services.(2025-04-10)
Plain Language Summary
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[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