H.R. 2885

Summary

H.R. 2885, the Bank Loan Privacy Act, was introduced in the House on Apr 10, 2025 by Rep. John Rose (R) with 2 co-sponsors. It was referred to Financial Services, and last saw action on Apr 10, 2025: Referred to the House Committee on Financial Services.

Record

Text

H.R. 2885 has 2 co-sponsors.

119 HR 2885 IH: Bank Loan Privacy Act
 U.S. House of Representatives
 2025-04-10
 text/xml
 EN
 Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
 I  119th CONGRESS  1st Session  H. R. 2885  IN THE HOUSE OF REPRESENTATIVES   April 10, 2025   Mr. Rose  (for himself and  Ms. De La Cruz ) introduced the following bill; which was referred to the  Committee on Financial Services    A BILL
To require the Bureau of Consumer Financial Protection to issue a rule before deleting or modifying certain small business loan data, and for other purposes.
1.
Short title
This Act may be cited as the   Bank Loan Privacy Act  .
2.
Rulemaking requirement
Section 704B(e)(4) of the Equal Credit Opportunity Act ( 15 U.S.C. 1691c–2(e)(4) ) is amended—
(1)
by striking  The Bureau may,  and inserting:
(A)
In general
The Bureau may,
 ; and
(2)
by adding at the end the following:
(B)
Rulemaking requirement
The Bureau shall, before deleting or modifying data under this paragraph issue, through advance notice and comment, a rule that includes a description of what modifications and deletions the Bureau intends to make to the data and how such modifications and deletions will advance a privacy interest.
 .

Tracker

The tracker indicates the progress of this legislation as it moves through the legislative process.

To require the Bureau of Consumer Financial Protection to issue a rule before deleting or modifying certain small business loan data, and for other purposes.

Sponsors

Rep. John Rose (R) sponsors H.R. 2885, and 2 members have co-sponsored it, 1 of them from the day it was introduced.

John Rose

Rep. · R–TN-6 · Sponsor

Introduced Apr 10, 2025

Monica De La Cruz

Rep. · R–TX-15 · Co-sponsor

Joined Apr 10, 2025 · Original

Garland Barr

Rep. · R–KY-6 · Co-sponsor

Joined May 20, 2025

Show 3 of 3 rows

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Committees

H.R. 2885 went before 1 committee: Financial Services.

Financial Services

Financial Services

Referred To · Apr 10, 2025 · 559 Bills

Actions

H.R. 2885 has taken 2 actions since Apr 10, 2025.

Votes

H.R. 2885 has not gone to a roll call.

Titles

H.R. 2885 goes by 3 titles, 1 of them short titles.

• Bank Loan Privacy Act — Display Title
• Bank Loan Privacy Act — Short Title(s) as Introduced
• To require the Bureau of Consumer Financial Protection to issue a rule before deleting or modifying certain small business loan data, and for other purposes. — Official Title as Introduced

Lobbying

4 clients hired 4 firms and 57 registered lobbyists who named H.R. 2885 in 19 quarterly filings, 2025 to 2026. Reported under the Lobbying Disclosure Act; a filing’s income covers everything its registrant worked that quarter, so the amounts below are the filings’, not this bill’s.

Filed under Banking, Housing, Agriculture, Taxation/Internal Revenue Code, Budget/Appropriations, Small Business, Law Enforcement/Crime/Criminal Justice, Accounting.

Clients

Who paid to be heard, by how many filings named the bill.

Firms

Registrants who filed on the bill, by filings.

Lobbyists

Named on the filings that cite the bill. The 20 named most often, of 57.

Filings

The documents themselves, on the Senate’s Lobbying Disclosure site, largest reported first.

Classification

The Congressional Research Service files H.R. 2885 under Finance and Financial Sector, one of its 31 policy areas.

CRS Subjects

CRS assigns every bill one policy area from its 31; H.R. 2885’s is Finance and Financial Sector.

Source: congress.gov · legiscan.com