H.R. 1766 · 114th Congress
Right to Lend Act of 2015
- Stage
- In committee
- Sponsor
- Robert Pittenger
- Introduced
- 2015-04-14
- Latest action
- 2015-04-14 · Introduced in House
Summary
Right to Lend Act of 2015
Repeals provisions of the Equal Credit Opportunity Act, as amended by Dodd-Frank Wall Street Reform and Consumer Protection Act, that require financial institutions to: (1) inquire whether businesses applying for credit for a women-owned, minority-owned, or small business are such a business; and (2) submit annually to the Consumer Financial Protection Bureau, in a manner to be made available to the public, a record of the responses to such inquiry, including census tract information and disclosures as to the race, sex, and ethnicity of the principal owners of such businesses.