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
Apr 2022
Committee Review
Floor Vote
President
Introduced Apr 5, 2022
Last action Apr 5, 2022
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Apr 5, 2022
Committee
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
upper
Apr 5, 2022
Introduced
Introduced in Senate
upper
1 primary · 1 co-sponsor
Sponsors
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