LGBTQ Business Equal Credit Enforcement and Investment Act

United States117th CongressHR-1443House of Representatives
Updated: Jul 12, 2021

Summary

LGBTQ Business Equal Credit Enforcement and Investment Act This bill requires financial institutions to report certain credit application data to the Consumer Financial Protection Bureau for the purposes of enforcing fair lending laws. Specifically, financial institutions must report this data regarding lesbian-, gay-, bisexual-, transgender-, or queer-owned businesses. Currently, this data is reported regarding women-owned, minority-owned, and small businesses.

Bill texts

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Timeline

Latest companion bill action

S-4002: LGBTQ Business Equal Credit Enforcement and Investment Act

Introduced in Senate

  1. Considered as unfinished business. (consideration: CR H3114-3115)

    House of Representatives

  2. On passage Passed by the Yeas and Nays: 252 - 176 (Roll no. 182). (text: CR H3098)

    House of Representatives

    View vote
  3. Motion to reconsider laid on the table Agreed to without objection.

    House of Representatives

  4. Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    Senate