H.R. 6652 · 118th Congress
LGBTQI Business Equal Credit Enforcement and Investment Act
- Stage
- In committee
- Sponsor
- Ritchie Torres
- Introduced
- 2023-12-06
- Latest action
- 2023-12-06 · Introduced in House
Summary
LGBTQI 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-, queer-, or intersex-owned businesses. Currently, this data is reported regarding women-owned, minority-owned, and small businesses.