Politiparty
Politiparty

118th Congress Finance and Financial Sector

S. 3421: LGBTQI Business Equal Credit Enforcement and Investment Act

Introduced

  1. Introduced (completed)Dec 6, 2023
  2. Passed Senate (not reached)
  3. Passed House (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Introduced in Senate, Dec 6, 2023

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.

Written by the Congressional Research Service, Library of Congress.

Roll calls

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Amendments

0 offered

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Cosponsors

1

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Other bills by Kirsten Gillibrand

History

  1. Dec 6, 2023Introduced in the Senate by Kirsten Gillibrand.
Show the full action history (2 actions)
  1. Dec 6, 2023Introduced in Senate
  2. Dec 6, 2023Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.