skip to main content

H.R. 4452 (115th): Right to Lend Act of 2017


The text of the bill below is as of Nov 17, 2017 (Introduced).


I

115th CONGRESS

1st Session

H. R. 4452

IN THE HOUSE OF REPRESENTATIVES

November 17, 2017

introduced the following bill; which was referred to the Committee on Financial Services

A BILL

To amend the Equal Credit Opportunity Act to repeal a small business loan data collection requirement.

1.

Short title

This Act may be cited as the Right to Lend Act of 2017.

2.

Small business loan data collection requirement

(a)

Repeal

Section 704B of the Equal Credit Opportunity Act (15 U.S.C. 1691c–2) is repealed.

(b)

Conforming amendments

Section 701(b) of the Equal Credit Opportunity Act (15 U.S.C. 1691(b)) is amended—

(1)

in paragraph (3), by inserting or at the end;

(2)

in paragraph (4), by striking ; or and inserting a period; and

(3)

by striking paragraph (5).

(c)

Clerical amendment

The table of sections for title VII of the Consumer Credit Protection Act is amended by striking the item relating to section 704B.