HB6652: LGBTQI Business Equal Credit Enforcement and Investment Act
- 1Introduced (current step)
- 2Passed One Chamber
- 3Passed Both Chambers
- 4Became Law
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Bill information
Summary
To amend the Equal Credit Opportunity Act to require the collection of small business loan data related to LGBTQI-owned businesses.
Plain-language summary
This bill would change the Equal Credit Opportunity Act to require federal agencies to collect data on loans given to small businesses owned by LGBTQI individuals. The data collection would help identify whether LGBTQI-owned businesses face discrimination when applying for loans. Federal agencies that oversee lending would need to track this information. The bill is currently in the early stage after being introduced in Congress.
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HB6652: LGBTQI Business Equal Credit Enforcement and Investment Act
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Sponsors
Ritchie Torres
Primary SponsorCo-sponsors (67)
Colin Allred
Joyce Beatty
Earl Blumenauer
Suzanne Bonamici
Kathy Castor