LGBTQ Business Equal Credit Enforcement and Investment Act

United States117th CongressS-4002Senate
Updated: Apr 5, 2022

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

Available versions
Introduced (Senate)View official text

1 version available

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Timeline

Latest companion bill action

HR-1443: LGBTQ Business Equal Credit Enforcement and Investment Act

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

  1. Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    Senate

  2. Introduced in Senate

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