- Not enactedThe President has not signed this bill
- The senate has not voted
- The house has not voted
House Committee on Financial ServicesIntroducedJune 11th, 2013
- house Committees
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Right to Lend Act of 2013
To amend the Equal Credit Opportunity Act to repeal a small business loan data collection requirement.
Right to Lend Act of 2013 - 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 Bureau of Consumer Financial Protection, 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.