Lenders would get 5 years before penalties fully start under the 2023 small business loan data rule. The bill also narrows which lenders and businesses count under that rule.
Modern Action explains what the legislation does, helps you choose whether to support, oppose, or ask for changes, and drafts a message tied to the bill, your stance, and the elected officials who can act on it.
Small LENDER Act is a House bill waiting for floor action. The latest recorded action: Placed on the Union Calendar, Calendar No. 610.
Latest action on H.R. 941: Placed on the Union Calendar, Calendar No. 610.
Who this affects: This bill mainly affects lenders that make small business loans and must report loan data. It matters most for lenders near the 500-transaction cutoff, because they may fall in or out of the rule. It also affects small businesses seeking credit, because less or later reporting could change how much public data exists about their loans. The Consumer Financial Protection Bureau would also have to follow the new timing and coverage limits.
Why this matters: This bill matters because it changes how soon the government can fully enforce small business loan data reporting. That data can help show who gets business credit and who may be left out. Giving lenders more time could make compliance easier and cheaper. But it could also delay full data collection and leave gaps if many lenders or businesses fall outside the new limits.
You do not have to start with a blank letter. Modern Action turns the bill, your position, and the relevant congressional context into a message you can edit and send. The goal is to make contacting Congress clear, specific, and useful without forcing you to parse bill text or figure out the right office on your own.
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Officially: Small LENDER Act
Lenders would get 5 years before penalties fully start under the 2023 small business loan data rule. The bill also narrows which lenders and businesses count under that rule.
Use this page to support, oppose, or ask Congress to amend HR941. Modern Action explains what the bill does, helps identify the right senators or representative, and drafts a bill-specific message you can edit and send.
Where it stands
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Where this bill is in the process
Introduced
Introduced in House
House Committee
Under House committee consideration
House Floor Vote
Voted on by House
Latest: Placed on the Union Calendar, Calendar No. 610. (6/18/2026)
Passed House
Approved by House
Senate Review
Sent to Senate for consideration
Passed Both Chambers
Approved by both House and Senate
Signed into Law
Signed by the President
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Choose one clear position: support, oppose, or amend. Then pick any reasons or personal context you want included. Modern Action uses that input and the bill context to draft a message you can edit and send.
Congressional offices prioritize messages from their own constituents. Modern Action uses your address to route the drafted message to your House representative when that is the most relevant target for this bill.
The draft includes the bill number, your position, the reasons you selected, any personal context you added, and a direct ask such as voting yes, voting no, cosponsoring, opposing, or seeking changes. You stay in control because you can edit the message before sending.
This page gives you an opportunity to support, oppose, or ask for changes to Small LENDER Act, then contact the elected officials who can act. Modern Action drafts the message from your position and the reasons you select.
Modern Action keeps the action tied to the bill itself: what it does, where it is in the process (floor pending), which office can still act, and what ask belongs in the message.
You are not starting from a blank form. Modern Action drafts the message around HR941, your stance, and the reasons you choose, then lets you edit and send when ready.
