H.R. 1766

Right to Lend Act of 2015

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I

114th CONGRESS

1st Session

H. R. 1766

IN THE HOUSE OF REPRESENTATIVES

April 14, 2015

Mr. Pittenger introduced the following bill; which was referred to the Committee on Financial Services

A BILL

To amend the Equal Credit Opportunity Act to repeal a small business loan data collection requirement.

1.

Short title

This Act may be cited as the Right to Lend Act of 2015.

2.

Small business loan data collection requirement

(a)

Repeal

Section 704B of the Equal Credit Opportunity Act (15 U.S.C. 1691c–2) is repealed.

(b)

Conforming amendments

Section 701(b) of the Equal Credit Opportunity Act (15 U.S.C. 1691(b)) is amended—

(1)

in paragraph (3), by inserting or at the end;

(2)

in paragraph (4), by striking ; or and inserting a period; and

(3)

by striking paragraph (5).

(c)

Clerical amendment

The table of sections for title VII of the Consumer Credit Protection Act is amended by striking the item relating to section 704B.