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Small Business Financing Disclosure Act of 2023

USA118th CongressHR-4192| House 
| Updated: 6/15/2023
Nydia M. Velázquez

Nydia M. Velázquez

Democratic Representative

New York

Cosponsors (1)
Maxine Waters (Democratic)

Financial Services Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Small Business Lending Disclosure Act of 2023 This bill applies specified consumer lending protections to small business lending and extends the Consumer Financial Protection Bureau's regulatory authority regarding consumer financial products and services to include small business financing. Among other requirements, lenders offering financial products to small businesses must disclose the terms of the financing upon extending an offer and are prohibited from charging certain additional fees on a refinanced or modified loan.
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Timeline
Jun 15, 2023

Latest Companion Bill Action

S 118-2021
Introduced in Senate
Jun 15, 2023
Introduced in House
Jun 15, 2023
Referred to the House Committee on Financial Services.
  • June 15, 2023

    Latest Companion Bill Action

    S 118-2021
    Introduced in Senate


  • June 15, 2023
    Introduced in House


  • June 15, 2023
    Referred to the House Committee on Financial Services.

Finance and Financial Sector

Related Bills

  • S 118-2021: Small Business Financing Disclosure Act of 2023

Small Business Financing Disclosure Act of 2023

USA118th CongressHR-4192| House 
| Updated: 6/15/2023
Small Business Lending Disclosure Act of 2023 This bill applies specified consumer lending protections to small business lending and extends the Consumer Financial Protection Bureau's regulatory authority regarding consumer financial products and services to include small business financing. Among other requirements, lenders offering financial products to small businesses must disclose the terms of the financing upon extending an offer and are prohibited from charging certain additional fees on a refinanced or modified loan.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jun 15, 2023

Latest Companion Bill Action

S 118-2021
Introduced in Senate
Jun 15, 2023
Introduced in House
Jun 15, 2023
Referred to the House Committee on Financial Services.
  • June 15, 2023

    Latest Companion Bill Action

    S 118-2021
    Introduced in Senate


  • June 15, 2023
    Introduced in House


  • June 15, 2023
    Referred to the House Committee on Financial Services.
Nydia M. Velázquez

Nydia M. Velázquez

Democratic Representative

New York

Cosponsors (1)
Maxine Waters (Democratic)

Financial Services Committee

Finance and Financial Sector

Related Bills

  • S 118-2021: Small Business Financing Disclosure Act of 2023
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted