H.R. 976 (IH) - 1071 Repeal to Protect Small Business Lending Act
I will support legislation to repeal the small business loan data collection requirements under the Equal Credit Opportunity Act.
Occurrences
Evidence
legacy_unverified · Source version not recorded · locator unknown
Congress.gov lists H.R. 976's official title as: "To repeal the small business loan data collection requirements under the Equal Credit Opportunity Act." It lists Rep. Frank D. Lucas [R-OK-3] as a cosponsor dated 02/04/2025, and the latest action as 05/06/2025, placed on the Union Calendar.
legacy_unverified · Source version not recorded · locator unknown
House Report 119-91 says the Committee considered H.R. 976, "to repeal the small business loan data collection requirements under the Equal Credit Opportunity Act," reported it favorably, and says the bill was introduced with Frank Lucas (R-OK) among the original cosponsors.
Assessments
The promise was to support legislation repealing the ECOA small business loan data collection requirements, not necessarily to secure enactment. Lucas directly fulfilled that by being an original cosponsor of H.R. 976 in the 119th Congress, a bill with that stated repeal purpose, and the bill advanced through committee to the Union Calendar during his same House term.