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H.R. 1659

Referred to Committee

LGBTQ Business Equal Credit Enforcement and Investment Act

Introduced 3/8/2021•117th Congress•House

Latest Action

Referred to the House Committee on Financial Services.

3/8/2021 • House

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.

Introduced in House • 3/8/2021

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Topics & Subjects

Banking and financial institutions regulationBusiness investment and capitalBusiness recordsConsumer creditCredit and credit marketsSex, gender, sexual orientation discriminationSmall business

Congressional Votes (0)

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Roll call votes will appear here as the bill moves through Congress

Related Federal Spending

Sponsor & Cosponsors (37)

Party Breakdown

37
Democrats
0
Republicans
0
Independents

Sponsor

R[
Rep. Torres, Ritchie [D-NY-15]

Democrat • NY-15

Sponsored 3/8/2021

Cosponsors (36)

R[
Rep. Auchincloss, Jake [D-MA-4]

D-MA-4

Joined 3/8/2021

R[
Rep. Blumenauer, Earl [D-OR-3]

D-OR-3

Joined 3/8/2021

R[
Rep. Bonamici, Suzanne [D-OR-1]

D-OR-1

Joined 3/8/2021

R[
Rep. Castor, Kathy [D-FL-14]

D-FL-14

Joined 3/8/2021

R[
R[
Rep. Clarke, Yvette D. [D-NY-9]

D-NY-9

Joined 3/8/2021

Bill Journey

Originated in the House

Introduced

March 8, 2021

Referred to the House Committee on Financial Services.

Committee Review

Floor Debate

Passed Chamber

Other Chamber

President

Enacted into Law

Text Versions (1)

Introduced in House3/8/2021

Details

Bill TypeHR
Current StatusReferred to Committee
Cosponsors36