Checked
Fair Lending for All Act
H.R. 166, 118th Congress
- Status
- In committee
- Introduced
- 01/09/2023
- Cosponsors
- 0
- Latest action
- 01/09/2023
About this bill
- Official title
- Fair Lending for All Act
- Sponsor
- Al Green (D-TX)
- Introduced in
- House
- Policy area
- Finance and Financial Sector
- Committees
- Financial Services Committee
- Latest action
- Referred to the House Committee on Financial Services.
Summary
Congressional Research Service, Introduced in House (01/09/2023)
Fair Lending for All Act
This bill modifies provisions related to prohibited credit discrimination.
The bill adds sexual orientation, gender identity, and an applicant's location based on zip code or census tract as classes protected against discrimination with respect to credit transactions. (Currently, discrimination is prohibited on the basis of race, color, religion, national origin, sex, marital status, age, or because an applicant receives public assistance.)
The bill establishes criminal penalties for violations of prohibited credit discrimination.
The Consumer Financial Protection Bureau is required to review loan applications for compliance with specified consumer laws and to establish an Office of Fair Lending Testing.
Actions
Newest first
- 01/09/2023 · House
Referred to the House Committee on Financial Services.
- 01/09/2023
Introduced in House
Subjects: Age discrimination, Banking and financial institutions regulation, Business ethics, Census and government statistics, Civil actions and liability, Consumer Financial Protection Bureau, Consumer affairs, Consumer credit, Executive agency funding and structure, Racial and ethnic relations, Sex, gender, sexual orientation discrimination.
Source: U.S. Government Publishing Office, GovInfo Bill Status; Congressional Research Service summaries · Last updated 01/09/2023