SENATE 3421118th CongressRead twice and referred to the Committee on Banking, Housing, and Urban Affairs.

LGBTQI Business Equal Credit Enforcement and Investment Act

Last Action: 12/6/2023

Actions

2023-12-06Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
2023-12-06Introduced in Senate

CRS Summary

As of 2023-12-06 (00)

LGBTQI 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-, queer-, or intersex-owned businesses. Currently, this data is reported regarding women-owned, minority-owned, and small businesses.

Cosponsors (1)

Alex Padilla (D-CA)

Read on Congress.gov

Sourced from Congress.gov (public domain).

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