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S 3235 117th Congress Senate Finance and Financial Sector

Small Business Lending Disclosure Act of 2021

Introduced: November 18, 2021 See on congress.gov
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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
Nov 18, 2021
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Nov 18, 2021
Introduced in Senate
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 Plain-English summary Congressional Research Service

Small Business Lending Disclosure Act of 2021

This bill applies specified commercial 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.

What's happening now November 18, 2021

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

 Related & companion bills 1
  • HR 6054 Identical bill Small Business Lending Disclosure Act of 2021
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 2
All 2 Democratic 2
D
Cortez Masto, Catherine
Nevada · Apr 26, 2022
 D
Wyden, Ron
Oregon · Nov 30, 2021
Cite this page click to expand
APA
U.S. Congress. (2026). S. 3235: Small Business Lending Disclosure Act of 2021. 117th Congress. Open America. https://openamerica.io/bill/117-S-3235/
MLA
"S. 3235: Small Business Lending Disclosure Act of 2021." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-S-3235/.
Bluebook (legal)
S. 3235, 117th Cong. (2026), https://openamerica.io/bill/117-S-3235/.
Markdown link
[S. 3235: Small Business Lending Disclosure Act of 2021](https://openamerica.io/bill/117-S-3235/)
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