Expressing the sense of the House of Representatives that small business owners seeking financing have fundamental rights, including transparent pricing and terms, competitive products, responsible underwriting, fair treatment from financing providers, brokers, and lead generators, inclusive credit access, and fair collection practices.
Bill Summary
Declares that small business owners have the right to transparent financing terms, fair treatment, and inclusive credit access when seeking loans or financing. Requires no specific action, but expresses the House of Representatives' opinion on the matter.
Sponsored By
Bill Journey
- May 7, 2026
- May 7, 2026You Are Here
The committee will review the bill, debate amendments, and vote on whether to advance it to the full chamber.
- TBD
The full chamber debates the bill, may amend it, and votes on whether to pass it.
- TBD
If passed by the first chamber, the other chamber considers, may amend, and votes on the bill.
- TBD
If passed by both chambers, the bill goes to the President to sign into law or veto.
Why It Matters
This resolution affects small business owners by stating their expected rights when dealing with financing providers, and it informs financing providers, brokers, and lead generators of the House's expectations for fair treatment of small business owners.
Impact Areas
Support & Opposition
- Democratic2
Documents
1
Full text opens on congress.gov, the official source.
Cosponsors (1)
Bill Details
- Economy
- Housing
- Retail
Summary and impact analysis written by Judy (KnowGov's enrichment AI). Bill metadata, status, sponsor, and any floor votes from Prism. Sections marked “Sample” are placeholders not yet connected to live data.