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S. 4002

Referred to Committee

LGBTQ Business Equal Credit Enforcement and Investment Act

Introduced 4/5/2022•117th Congress•Senate

Latest Action

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

4/5/2022 • Senate

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 Senate • 4/5/2022

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Topics & Subjects

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Related Federal Spending

Sponsor & Cosponsors (2)

Party Breakdown

2
Democrats
0
Republicans
0
Independents

Sponsor

S[
Sen. Gillibrand, Kirsten E. [D-NY]

Democrat • NY

Sponsored 4/5/2022

Cosponsors (1)

S[
Sen. Padilla, Alex [D-CA]

D-CA

Joined 4/5/2022

Bill Journey

Originated in the Senate

Introduced

April 5, 2022

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Committee Review

Floor Debate

Passed Chamber

Other Chamber

President

Enacted into Law

Text Versions (1)

Introduced in Senate4/5/2022

Details

Bill TypeS
Current StatusReferred to Committee
Cosponsors1