HR 1659 United States House · 117th Congress

LGBTQ Business Equal Credit Enforcement and Investment Act

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 status in committee 1 of 4 stages cleared

Introduction

Mar 2021

Committee Review

Floor Vote

President

Introduced Mar 8, 2021 Last action Mar 8, 2021

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

2

Key actions

0

Committee

1

Mar 8, 2021

Committee

Referred to the House Committee on Financial Services.

lower

Mar 8, 2021

Introduced

Introduced in House

lower

1 primary · 36 co-sponsors

Sponsors

Role

Legislator

Party

State

District

Adriano Espaillat

Alan S. Lowenthal

Alcee L. Hastings

Bonnie Watson Coleman

Carolyn B. Maloney

David N. Cicilline

Donald M. Payne, Jr.