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HRES 1267·Federal·house

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.

In CommitteeFiled May 7, 2026
Sponsor: Rep. Simon, Lateefah [D-CA-12] (D)
Latest Action

Referred to the House Committee on Small Business.

May 7, 2026

Summary

The resolution asks Congress to recognize that small‑business borrowers deserve clear pricing, fair underwriting, competitive products, and respectful treatment throughout the loan and collection process. It targets lenders, brokers, and lead generators that work with small firms. By expressing this sense, the House hopes to guide future legislation and regulation that safeguards these borrowers.

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