Congresswoman Lateefah Simon and House Committee on Small Business Ranking Member Nydia Velázquez introduced the Small Business Borrowers’ Bill of Rights, a resolution affirming that small business owners seeking financing have fundamental rights to protect them from unfair lending practices.
Introduce and support a Small Business Borrowers' Bill of Rights to affirm fundamental rights for small business owners seeking financing and protect them from unfair lending practices.
Occurrences
joined Congressmembers Delia Ramirez, Jesús “Chuy” García, and Analilia Mejia to introduce The Living Wage for All Act, a resolution affirming that small business owners seeking financing have fundamental rights to protect them from unfair lending practices
Congresswoman Lateefah Simon (D-CA-12) and House Committee on Small Business Ranking Member Nydia Velázquez (D-NY-07) introduced the Small Business Borrowers’ Bill of Rights, a resolution affirming that small business owners seeking financing have fundamental rights to protect them from unfair lending practices.
Evidence
legacy_unverified · Source version not recorded · locator unknown
The press release confirms Simon introduced a bipartisan small-business-related bill in 2025 and frames her activity on small business financing and access, but it does not mention a Small Business Borrowers' Bill of Rights or unfair lending protections.
legacy_unverified · Source version not recorded · locator unknown
This official release shows Simon introduced and secured House passage of a separate small-business bill, The Assisting Small Businesses Not Fraudsters Act, demonstrating concrete legislative action on small business issues, but it is not the borrowers' bill of rights proposal.
legacy_unverified · Source version not recorded · locator unknown
The issues page highlights Simon’s work on small business matters and notes House passage of the Main Street Parity Act, which addressed unfair borrowing rules for certain small businesses. It still does not identify a Small Business Borrowers' Bill of Rights.
legacy_unverified · Source version not recorded · locator unknown
The Congress.gov member page confirms Simon's current congressional service and provides her legislative record. In the accessible excerpt, it does not show a bill matching the Small Business Borrowers' Bill of Rights claim during the lookback window.
legacy_unverified · Source version not recorded · locator unknown
The document references Small Business Committee consideration of critical legislation relating to small business borrowers' ability to access SBA loan programs, indicating congressional attention to lending terms and borrower protections. The excerpt does not show Simon sponsoring or advancing a Small Business Borrowers' Bill of Rights.
legacy_unverified · Source version not recorded · locator unknown
The House office’s press release feed records that Rep. Lateefah Simon and Rep. Nydia Velazquez introduced the Small Business Borrowers’ Bill of Rights on May 7, 2026.
legacy_unverified · Source version not recorded · locator unknown
The House office press release feed shows a May 7, 2026 entry stating that Congresswoman Lateefah Simon and House Small Business Committee Ranking Member Nydia Velazquez introduced the Small Business Borrowers' Bill of Rights, described as a resolution affirming fundamental rights for small business owners seeking financing and protecting them from unfair lending practices.
legacy_unverified · Source version not recorded · locator unknown
The official House press release feed lists “Congresswoman Simon Introduces Small Business Borrowers’ Bill of Rights” dated May 7, 2026, and says Simon and Ranking Member Nydia Velázquez introduced a resolution affirming fundamental rights for small business owners seeking financing and protecting them from unfair lending practices.
legacy_unverified · Source version not recorded · locator unknown
Congress.gov identifies Lateefah Simon as the Democratic U.S. Representative for California’s 12th District in the 119th Congress, serving from 2025 to present.
legacy_unverified · Source version not recorded · locator unknown
GovInfo lists H. Res. 1267 in the 119th Congress, 2nd Session, with last action date May 7, 2026. The action states that Ms. Simon, for herself and Ms. Velazquez, submitted the resolution and it was referred to the Committee on Small Business. The full title concerns small business owners seeking financing having fundamental rights, including transparent pricing and terms, responsible underwriting, fair treatment, inclusive credit access, and fair collection practices.
legacy_unverified · Source version not recorded · locator unknown
The introduced House resolution text says Ms. Simon submitted H. Res. 1267 on May 7, 2026, with Ms. Velazquez, and states that Congress should use the listed principles as a framework for potential legislation and regulations to protect small business owners seeking financing.
Assessments
Simon fulfilled the promise during her current federal House term. Official House and GovInfo evidence shows she submitted H. Res. 1267 on May 7, 2026 with Rep. Nydia Velazquez, described as the Small Business Borrowers' Bill of Rights and focused on fundamental rights for small business owners seeking financing, including protections from unfair lending practices. Because the promise was to introduce and support the proposal, not necessarily enact it into law, introduction of the matching resolution counts as delivered.
The promise was to introduce and support a Small Business Borrowers' Bill of Rights, not necessarily secure enactment. Official House evidence says Rep. Lateefah Simon introduced the Small Business Borrowers' Bill of Rights with Ranking Member Nydia Velazquez on May 7, 2026, during her current 119th Congress House term, and describes it as affirming rights for small business owners seeking financing and protecting them from unfair lending practices. That directly satisfies the promised action in the same federal term.
The promise was to introduce and support a Small Business Borrowers' Bill of Rights, not necessarily to enact it. Official House office evidence says Rep. Lateefah Simon and Rep. Nydia Velazquez introduced the Small Business Borrowers' Bill of Rights on May 7, 2026, and described it as affirming fundamental rights for small business owners seeking financing and protecting them from unfair lending practices. That directly matches the promised action and substance, and it occurred during Simon's current federal term. Earlier evidence that did not show the measure appears to reflect timing or incomplete records rather than contradiction.
An official House office press release says Rep. Lateefah Simon and Rep. Nydia Velazquez introduced the Small Business Borrowers' Bill of Rights on May 7, 2026. That directly matches the claim's core action of introducing and supporting the proposal to protect small business borrowers from unfair lending practices.
Available evidence shows Rep. Simon has worked on small-business legislation and financing-related issues, including introducing and passing separate small-business bills in the House. However, the record provided does not show that she introduced or materially supported a specific 'Small Business Borrowers' Bill of Rights' to establish borrower rights and protect against unfair lending practices. Because the claim is specific and the evidence is only adjacent rather than directly confirming the promised action, there is not enough to mark it delivered or partial, and there is also not enough to conclude definitively that it never happened.