Introduced
May 7, 2026
Ms. Simon (for herself and Ms. Velázquez) submitted the following resolution; which was referred to the Committee on Small Business
RESOLUTION
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.
- (1) the above principles promote the sustained growth and vitality of America’s main street businesses; and
- (2) Congress should take all appropriate measures to use these principles as a framework for potential legislation and regulations to protect small business owners seeking financing that would start, continue, or expand operations and create jobs.