Bank Loan Privacy Act
The source supplies the latest action, but no lifecycle stage.
Latest action (27 Mar 2023): Referred to the House Committee on Financial Services.
What this bill does
The Bank Loan Privacy Act, H.R. 1810, would require the Consumer Financial Protection Bureau (CFPB) to create a formal rule before it can delete or change publicly available data about small business loans for privacy reasons. This rule would need to explain exactly what data the CFPB plans to modify or remove and how those changes would protect privacy.
This bill specifically affects how the CFPB handles small business loan data. The purpose is to ensure a transparent process with public input before any data is altered or taken down due to privacy concerns.
The bill was introduced in the House of Representatives on March 27, 2023, and referred to the Committee on Financial Services. It is currently in the early stages of the legislative process. If passed by the House, it would then move to the Senate for consideration.
Plain-English summary generated by Bill100 AI from the official record. Always verify against the source below.
Official summary
Bank Loan Privacy Act
This bill requires the Consumer Financial Protection Bureau to issue a rule prior to deleting or modifying publicly available small business loan data due to privacy concerns. Specifically, the bureau must describe the intended modifications and deletions and explain how such modifications and deletions will advance a privacy interest.
Timeline
27 Mar 2023
Referred to the House Committee on Financial Services.
Common questions
- What does H.R. 1810 do?
- The Bank Loan Privacy Act, H.R. 1810, would require the Consumer Financial Protection Bureau (CFPB) to create a formal rule before it can delete or change publicly available data about small business loans for privacy reasons. This rule would need to explain exactly what data the CFPB plans to modify or remove and how those changes would protect privacy. This bill specifically affects how the CFPB handles small business loan data. The purpose is to ensure a transparent process with public input before any data is altered or taken down due to privacy concerns. The bill was introduced in the House of Representatives on March 27, 2023, and referred to the Committee on Financial Services. It is currently in the early stages of the legislative process. If passed by the House, it would then move to the Senate for consideration.
- Has H.R. 1810 become law?
- The source does not supply a confirmed lifecycle stage for H.R. 1810. Check the latest action and official source below.
- Who sponsored H.R. 1810?
- H.R. 1810 was sponsored by Rep. Luetkemeyer, Blaine [R-MO-3] (R-MO), with 14 cosponsors.
- What's the latest action on H.R. 1810?
- Referred to the House Committee on Financial Services. (27 Mar 2023).
Related bills in Finance and Financial Sector
Bankruptcy Threshold Adjustment Act
Common Cents Act
Fossil Free Finance Act of 2026
To amend title 11, United States Code, to clarify the rules for the exceptions to the discharge of the debt of an individual debtor, and for other purposes.
More bills from Rep. Luetkemeyer, Blaine [R-MO-3]
Bill100 mirrors the public U.S. legislative record from Congress.gov and GovTrack and adds plain-English AI summaries. It is an information tool, not legal, compliance or lobbying advice, and it is not affiliated with the U.S. Congress or any government agency. AI summaries can simplify or omit detail — every bill links to the official source; verify there before you rely on it.