To require the Bureau of Consumer Financial Protection to issue a before deleting or modifying certain small business loan data, and for other purposes.

Hozzl · 2022-12-30T04:18:55Z

Explore the details of House Bill 6739 To require the Bureau of Consumer Financial Protection to issue a before deleting or modifying certain small business loan data, and for other purposes. currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Finance and Financial Sector. Stay informed on legislative developments.

12/30/2022, 4:18 AM

Summary of Bill HR 6739

Bill 117 hr 6739, also known as the "Small Business Loan Data Protection Act," aims to require the Bureau of Consumer Financial Protection to issue a warning before deleting or modifying certain small business loan data. The bill seeks to protect small businesses by ensuring that any changes made to their loan data are done with transparency and accountability. Additionally, the bill includes provisions for other purposes related to the protection of small business loan data. This legislation is designed to safeguard the financial information of small businesses and promote fair and responsible lending practices.

Congressional Summary of HR 6739

This bill requires the Consumer Financial Protection Bureau to issue a rule prior to deleting or modifying publicly available small business loan data due to privacy concerns. Specifically, the bureau must describe the intended modifications and deletions and explain how such modifications and deletions will advance a privacy interest.

Read the Full Bill

Formatted Text PDF Formatted XML

Current Status of Bill HR 6739

Bill HR 6739 is currently in the status of Bill Introduced since February 15, 2022. Bill HR 6739 was introduced during Congress 117 and was introduced to the House on February 15, 2022. Bill HR 6739's most recent activity was Referred to the House Committee on Financial Services. as of February 15, 2022

Bipartisan Support of Bill HR 6739

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 6739

Primary Policy Focus

Finance and Financial Sector

Alternate Title(s) of Bill HR 6739

To require the Bureau of Consumer Financial Protection to issue a before deleting or modifying certain small business loan data, and for other purposes.