S.Amdt. 2280Senate119th Congress (2025-2027)
S.Amdt. 2280
Sponsored by
Sen. John Kennedy (R-LA)
Submitted June 2, 2025
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Senate amendment submitted
June 2, 2025
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Submitted
SA 2280. Mr. KENNEDY submitted an amendment intended to be proposed by him to the bill S. 1582, to provide for the regulation of payment stablecoins, and for other purposes; which was ordered to lie on the table; as follows: At the appropriate place, insert the following: SEC. __. REPEAL OF THE SMALL BUSINESS LOAN DATA COLLECTION REQUIREMENTS. (a) In General.--Section 704B of the Equal Credit Opportunity Act (15 U.S.C. 1691c-2) is repealed. (b) Conforming Amendments.-- (1) Dodd-frank wall street reform and consumer protection act.--The Dodd-Frank Wall Street Reform and Consumer Protection Act (12 U.S.C. 5301 et seq.) is amended-- (A) in the table of contents in section 1(b) of such Act, by striking the item relating to section 1071; and (B) by striking section 1071 (Public Law 111-203; 124 Stat. 1056). (2) Equal credit opportunity act.--The Equal Credit Opportunity Act (15 U.S.C. 1691 et seq.) is amended-- (A) in the table of contents for such Act, by striking the item relating to section 704B; and (B) in section 701(b) (15 U.S.C. 1691(b))-- (i) in paragraph (3), by adding ``or'' at the end; (ii) in paragraph (4), by striking ``; or'' and inserting a period; and (iii) by striking paragraph (5). ______