Skip to main content
HR 7351 117th Congress House Finance and Financial Sector

Promoting Fair Lending to Small Businesses Act

Introduced: March 31, 2022 Introduced by: Velázquez, Nydia M. Democratic · New York See on congress.gov
Sign in to write a letter Sign in to watch
This bill died when the 117th Congress ended
It never became law before the 117th Congress (2021–2022) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 31, 2022
Referred to the House Committee on Financial Services.
Mar 31, 2022
Introduced in House
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Plain-English summary Congressional Research Service

Promoting Fair Lending to Small Businesses Act

This bill requires the Consumer Financial Protection Bureau (CFPB) to require reports from and conduct periodic examinations of certain nondepository business lenders. Specifically, the CFPB must assess these lenders' compliance with fair lending laws, obtain information about compliance systems or procedures, and detect risks to small businesses and to minority- and women-owned businesses. Under the bill, nondepository lenders include financial institutions that are not banks or credit unions but that are required to report under certain fair lending laws.

What's happening now March 31, 2022

Referred to the House Committee on Financial Services.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 7351: Promoting Fair Lending to Small Businesses Act. 117th Congress. Open America. https://openamerica.io/bill/117-HR-7351/
MLA
"H.R. 7351: Promoting Fair Lending to Small Businesses Act." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-HR-7351/.
Bluebook (legal)
H.R. 7351, 117th Cong. (2026), https://openamerica.io/bill/117-HR-7351/.
Markdown link
[H.R. 7351: Promoting Fair Lending to Small Businesses Act](https://openamerica.io/bill/117-HR-7351/)
Report a problem