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119-hres-1267Committee
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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.

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Summary

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This resolution expresses the sense of the House that small business owners seeking financing have fundamental rights, including transparent pricing and terms, competitive products, responsible underwriting, fair treatment from financing providers, and fair collection practices. The resolution does not establish binding law or create new requirements; it is a non-binding statement of principles that Congress should consider when developing future legislation and regulations to protect small business borrowers.

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Bill details

Congress
119
Bill type
hres
Introduced
May 7, 2026
Sponsor
Lateefah SimonDCA
Cosponsors
1
Last action
May 7, 2026— Referred to the House Committee on Small Business.

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