[Congressional Bills 116th Congress]
[From the U.S. Government Publishing Office]
[H.R. 5574 Introduced in House (IH)]

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116th CONGRESS
  2d Session
                                H. R. 5574

     To repeal the small business loan data collection requirement 
 established by section 1071 of the Dodd-Frank Wall Street Reform and 
                        Consumer Protection Act.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            January 10, 2020

 Mr. Williams (for himself, Mr. Gooden, Mr. John W. Rose of Tennessee, 
Mr. Barr, Mr. Loudermilk, and Mr. Budd) introduced the following bill; 
       which was referred to the Committee on Financial Services

_______________________________________________________________________

                                 A BILL


 
     To repeal the small business loan data collection requirement 
 established by section 1071 of the Dodd-Frank Wall Street Reform and 
                        Consumer Protection Act.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Preserving Small Business Lending 
Act of 2020''.

SEC. 2. REPEAL OF SMALL BUSINESS LOAN DATA COLLECTION REQUIREMENT.

    (a) In General.--Public Law 93-495 is amended--
            (1) in section 701(b) (15 U.S.C. 1691(b))--
                    (A) in paragraph (3), by adding ``or'' at the end;
                    (B) in paragraph (4), by striking ``; or'' and 
                inserting a period; and
                    (C) by striking paragraph (5);
            (2) by striking section 704B (15 U.S.C. 1691c-2); and
            (3) in the table of contents of such Act, by striking the 
        item relating to section 704B.
    (b) Conforming Amendment.--The Dodd-Frank Wall Street Reform and 
Consumer Protection Act (12 U.S.C. 5301 et seq.) is amended--
            (1) by striking section 1071; and
            (2) in the table of contents for such Act, by striking the 
        item relating to section 1071.
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