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house Bill H.R. 2323

Right to Lend Act of 2013

Bill Details

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Right to Lend Act of 2013

Official Title

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.

bill Progress

  • Not enacted
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      house Committees
      Committee on Financial Services
    IntroducedJune 11th, 2013

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