S.4002: LGBTQ Business Equal Credit Enforcement and Investment Act

About This Bill

  • Introduced April 5, 2022
  • Latest Major Action April 5, 2022

Bill Cosponsor

Bill Version

Bill 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,...

(Source: Library of Congress)

Bill Actions

Date Description
April 5, 2022
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
April 5, 2022

Introduced in the Senate by Kirsten E. Gillibrand (D-N.Y.)

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