Repeals the Equal Credit Opportunity Act provision requiring financial institutions to collect and report data on small business loans, and removes the matching section from the Dodd-Frank Act.

• Repeals Section 704B of the Equal Credit Opportunity Act, which requires data collection and reporting on small business loans
• Strikes Section 1071 from the Dodd-Frank Wall Street Reform and Consumer Protection Act and removes it from that Act's table of contents
• Makes conforming changes to the Equal Credit Opportunity Act's table of contents and to section 701(b)
• Sets the short title as the "1071 Repeal to Protect Small Business Lending Act"

• Financial Services Committee (House)

Finance and Financial Sector