Senate Bill 2034 - Small Business Credit Protection Act

Purpose and Summary

Chamber: Senate

Introduced date: 2021-06-10

Recent Activity

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

Alternative Names

A bill to amend the Small Business Act to require that consumer reporting agencies and other credit reporting companies provide certain protections to small businesses, and for other purposes.

Small Business Credit Protection Act

Small Business Credit Protection Act

Associated Legislation

Small Business Credit Protection Act of 2021

Policy Areas

Commerce

Potential Impact

Business records

Computer security and identity theft

Congressional oversight

Consumer credit

Credit and credit markets

Government studies and investigations

Sponsors and Supporters

Sen. Rubio, Marco [R-FL]

Cosponsors and Supporters

Sen. Coons, Christopher A. [D-DE]

Sen. Kennedy, John [R-LA]

Sen. Warnock, Raphael G. [D-GA]

Committees and Subcommittees

Small Business and Entrepreneurship Committee

Variations and Revisions

Small Business Credit Protection Act of 2021

Small Business Credit Protection Act

12/31/2022, 5:28 AM

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 b...

Congress
117

Number
S - 2034

Introduced on
2021-06-10

# Amendments
0

Sponsors
+5

Cosponsors
+5

Variations and Revisions

6/10/2021

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

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 b...

Alternative Names
Official Title as IntroducedA bill to amend the Small Business Act to require that consumer reporting agencies and other credit reporting companies provide certain protections to small businesses, and for other purposes.

Policy Areas
Commerce

Potential Impact
Business records
Computer security and identity theft
Congressional oversight
Consumer credit
Credit and credit markets
Government studies and investigations

Comments

Recent Activity

Latest Summary12/8/2021

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 b...


Latest Action6/10/2021
Read twice and referred to the Committee on Small Business and Entrepreneurship.