Bill That Requires Lenders to Disclose Interest Rates to Small Businesses Blocked in House Committee
May 23, 2024
May 23, 2024
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 Transparenc . . .
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 Transparenc . . .