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S 2034 117th Congress Senate Commerce Business records Computer security and identity theft Congressional oversight Consumer credit Credit and credit markets Government studies and investigations

Small Business Credit Protection Act

Introduced: June 10, 2021 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 10, 2021
Read twice and referred to the Committee on Small Business and Entrepreneurship.
Jun 10, 2021
Introduced in Senate
 Plain-English summary Congressional Research Service

Small Business Credit Protection Act

This bill establishes requirements related to breaches of data belonging to small businesses.

Specifically, a consumer reporting agency must promptly report any breach of nonpublic small business data. In the event of a breach, a consumer reporting agency may not charge a small business for a credit report. Additionally, the Government Accountability Office must report on the economic harm to small businesses resulting from data breaches at consumer reporting agencies.

What's happening now June 10, 2021

Read twice and referred to the Committee on Small Business and Entrepreneurship.

 Committees of jurisdiction 1