3.0.0 8028 2023-01-11T13:45:27Z 2023-01-11T13:45:27Z House HR 2020-08-11 116 [Congressional Record Volume 166, Number 143 (Tuesday, August 11, 2020)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. VELA:H.R. 8028.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8 of the Constitution, Congress has thepower ``to make all Laws which shall be necessary and properfor carrying into Execution the foregoing Powers, and allother Powers vested by this Constitution in the Government ofthe United States, or any Department or Officer thereof[Page H4232]]]> hsba00 Financial Services Committee House Standing Referred to 2020-08-11T16:02:40Z 2020-08-11 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2020-08-11 Introduced in House IntroReferral Intro-H 9 Library of Congress 2020-08-11 Introduced in House IntroReferral 1000 9 Library of Congress V000132 Rep. Vela, Filemon [D-TX-34] Filemon Vela D TX 34 N Education Banking and financial institutions regulation Business ethics Civil actions and liability Congressional oversight Consumer affairs Credit and credit markets Government studies and investigations Higher education Minority education Racial and ethnic relations Student aid and college costs Education 00 2020-08-11 Introduced in House 2021-01-19T21:17:27Z Protect Minority Student Borrowers Act

This bill prohibits discrimination on the basis of a credit applicant's institution of higher education (IHE).

Specifically, the bill makes it unlawful for a private education lender to discriminate against a credit applicant based on the IHE that the applicant plans to attend, currently attends, or previously attended. The Department of Justice may bring a civil action against a private education lender for violations.

The bill also requires the Government Accountability Office to study and report on the extent to which private education lenders discriminate against applicants who attend minority-serving IHEs.

]]> Protect Minority Student Borrowers Act Display Title Protect Minority Student Borrowers Act Short Title(s) as Introduced Protect Minority Student Borrowers Act Introduced in House IH Official Title as Introduced To amend the Equal Credit Opportunity Act to prohibit discrimination based on an applicant's institution of higher education, and for other purposes. Introduced in House IH Introduced in House 2020-08-11T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116hr8028ih/xml/BILLS-116hr8028ih.xml 2020-08-11 Referred to the House Committee on Financial Services. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.