S.Amdt. 2280Senate119th Congress (2025-2027)

S.Amdt. 2280

Submitted June 2, 2025

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Senate amendment submitted

June 2, 2025

Text

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Opportunity Act (15 U.S.C. 1691c-2) is repealed.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).
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