Small Business Lending Under the Equal Credit Opportunity Act (Regulation B); Extension of Compliance Dates
Abstract
In light of court orders in ongoing litigation, the Consumer Financial Protection Bureau (CFPB or Bureau) is amending Regulation B to extend the compliance dates set forth in its 2023 small business lending rule and to make other date-related conforming adjustments.
Federal Register Source
This document is published by the Office of the Federal Register, National Archives and Records Administration. Access the full regulatory text, preamble, and docket comments below.
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Frequently Asked Questions
What is the 2024-14396 Federal Register document?
Document 2024-14396 is a Final Rule published by the Consumer Financial Protection Bureau in the Federal Register on July 3, 2024, with an effective date of August 2, 2024. In light of court orders in ongoing litigation, the Consumer Financial Protection Bureau (CFPB or Bureau) is amending Regulation B to extend the compliance dates set forth in its 2023 small business lending rule and to make other date-related conforming adjustments. View the original at https://www.federalregister.gov/documents/2024/07/03/2024-14396/small-business-lending-under-the-equal-credit-opportunity-act-regulation-b-extension-of-compliance.
Is document 2024-14396 an economically significant rule?
No. Document 2024-14396 is not classified as economically significant under Executive Order 12866. Economically significant rules require OIRA review and are estimated to have impacts of $100 million or more per year.