| Politics: President Lyndon B. Johnson (Weekly) Newsletter for Sunday May 26, 2024 ( 1 items ) |
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Bill That Requires Lenders to Disclose Interest Rates to Small Businesses Blocked in House Committee
CHICAGO, Illinois, May 23 -- Woodstock Institute posted the following news release:
Despite being passed by an overwhelming majority of the State Senate (36-19) and backed by a large coalition of advocates encompassing the entire state and representing over 250,000 small businesses, a bill to provide small businesses with basic disclosure protections when borrowing money was not called for a vote in the House Financial Institutions Committee. The Small Business Financing Transparency Act (SB223
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