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.
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.
The bill also expresses the sense of Congress that the term sex as used in the Equal Credit Opportunity Act includes an individual's sexual orientation and gender identity and that such information should be separately collected regarding the credit applications of principal business owners.
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.
Res. 486. (consideration: CR H3097-3099)
R. 1443, the Chair put the question on passage of the bill and by voice vote, announced that the ayes had prevailed. Mr. Rosendale demanded the yeas and nays and the Chair postponed further proceedings on passage of the bill until a time to be announced.
(consideration: CR H3114-3115)
On passage Passed by the Yeas and Nays: 252 - 176 (Roll no. 182).(text: CR H3098)
252 - 176 (Roll no. 182). (text: CR H3098)
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.
Waters moved to suspend the rules and pass the bill, as amended.
(consideration: CR H2787-2789)
Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
(consideration: CR H2800-2801)
On motion to suspend the rules and pass the bill, as amended Failed by the Yeas and Nays: (2/3 required): 248 - 177 (Roll no. 162).