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Main Subject: Finance and financial sector

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.

HR1443-117, HR1659-117, HR2543-117,

Senate Actions

IntroReferral
Apr. 05 2022	Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Library of Congress Actions

IntroReferral
Apr. 05 2022	Introduced in Senate

Senate bill S4002-117

A bill to amend the Equal Credit Opportunity Act to require the collection of small business loan data related to LGBTQ-owned businesses.

Senate bill S4002-117

A bill to amend the Equal Credit Opportunity Act to require the collection of small business loan data related to LGBTQ-owned businesses.

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