3.0.0 1961 2022-11-01T13:50:55Z 2022-11-01T13:50:55Z Senate S 2019-06-25 116 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred to 2019-06-25T18:53:18Z Small Business Lending Fairness Act 116 3490 HR 2020-03-19 Placed on the Union Calendar, Calendar No. 336. Identical bill CRS 2019-06-25 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2019-06-25 Introduced in Senate IntroReferral 10000 9 Library of Congress B000944 Sen. Brown, Sherrod [D-OH] Sherrod Brown D OH N R000595 Sen. Rubio, Marco [R-FL] Marco Rubio R FL 2019-06-25 True Finance and Financial Sector Business ethics Consumer credit Contracts and agency Lawyers and legal services Finance and Financial Sector 00 2019-06-25 Introduced in Senate 2020-03-25T17:51:09Z Small Business Lending Fairness Act

This bill prohibits as a condition to a loan or extension of credit a confession of judgment or similar agreement. (A confession of judgment is an agreement to a judgment of liability without notice and opportunity to be heard in court in the event of the default of a borrower.)

]]> Small Business Lending Fairness Act Display Title Small Business Lending Fairness Act Short Title(s) as Introduced Small Business Lending Fairness Act Introduced in Senate IS Official Title as Introduced A bill to amend the Truth in Lending Act to prohibit certain unfair credit practices, and for other purposes. Introduced in Senate IS Introduced in Senate 2019-06-25T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116s1961is/xml/BILLS-116s1961is.xml 2019-06-25 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.