LGBTQ Business Equal Credit Enforcement and Investment Act
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.
Bill status
passed
3 of 5 stages cleared
Introduction
Feb 2021
Committee Review
Jul 2021
House Passage
Jun 2021
Senate Passage
President
Introduced Feb 26, 2021
Last action Jul 12, 2021
Floor votes · House Jun 24, 2021
How they voted
252–176
Passed · 2 other
Total votes 430
Jun 24, 2021
D
Democratic219
100% Yea
R
Republican211
83% Nay
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
24
Key actions
6
Committee
5
Amendments
2
Jul 12, 2021
Committee
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
upper
Jun 24, 2021
Lower · Passed
On passage Passed by the Yeas and Nays: 252 - 176 (Roll no. 182). (text: CR H3098)
lower
Jun 24, 2021
Lower · Passed
Passed/agreed to in House: On passage Passed by the Yeas and Nays: 252 - 176 (Roll no. 182).(text: CR H3098)
lower
Jun 24, 2021
Lower · Passed
The resolution provides for 1 hour of debate, orders the previous question, and allows a motion to recommit for each measure. Provides that H. Res. 485 is adopted. Provides that anytime through the legislative day of June 25, 2021, the Speaker may entertain motions offered by the Majority Leader or his designee that the House suspend the rules with respect to multiple measures that were the object of motions to suspend the rules on the legislative days of June 22 or 23, and on which the yeas and nays were ordered and further proceedings postponed.
lower
Jun 22, 2021
Lower · Passed
Rules Committee Resolution H. Res. 486 Reported to House. The resolution provides for 1 hour of debate, orders the previous question, and allows a motion to recommit for each measure. Provides that H. Res. 485 is adopted. Provides that anytime through the legislative day of June 25, 2021, the Speaker may entertain motions offered by the Majority Leader or his designee that the House suspend the rules with respect to multiple measures that were the object of motions to suspend the rules on the legislative days of June 22 or 23, and on which the yeas and nays were ordered and further proceedings postponed.
lower
Jun 17, 2021
Lower · Passed
Reported (Amended) by the Committee on Financial Services. H. Rept. 117-65.
lower
Jun 15, 2021
Introduced
Ms. Waters moved to suspend the rules and pass the bill, as amended.
lower
May 12, 2021
Introduced
Ordered to be Reported in the Nature of a Substitute (Amended) by Voice Vote.
lower
May 12, 2021
Lower · Passed
Committee Consideration and Mark-up Session Held.
lower
Feb 26, 2021
Committee
Referred to the House Committee on Financial Services.
lower
Feb 26, 2021
Introduced
Introduced in House
lower
1 primary · 41 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Ritchie Torres
DDemocratic
Co
Adriano Espaillat
DDemocratic
Co
Alan S. Lowenthal
DDemocratic
Co
Alcee L. Hastings
DDemocratic
Co
Anna G. Eshoo
DDemocratic
Co
Bonnie Watson Coleman
DDemocratic
Co
Carolyn B. Maloney
DDemocratic
Co
Chris Pappas
DDemocratic
Co
David N. Cicilline
DDemocratic
Co
Derek Kilmer
DDemocratic
Co
Dina Titus
DDemocratic
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