3.0.0 1205 2022-11-01T19:47:16Z 2022-11-05T19:24:38Z Senate S 2019-04-11 116 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred to 2019-04-11T20:14:29Z Protections in Consumer Lending Act 116 2324 HR 2019-04-15 Referred to the House Committee on Financial Services. Related bill CRS 2019-04-11 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2019-04-11 Introduced in Senate IntroReferral 10000 9 Library of Congress G000555 Sen. Gillibrand, Kirsten E. [D-NY] Kirsten Gillibrand D NY E. N K000367 Sen. Klobuchar, Amy [D-MN] Amy Klobuchar D MN 2019-04-11 True W000779 Sen. Wyden, Ron [D-OR] Ron Wyden D OR 2019-04-11 True B001277 Sen. Blumenthal, Richard [D-CT] Richard Blumenthal D CT 2019-04-11 True Finance and Financial Sector Age discrimination Business records Congressional oversight Consumer credit Credit and credit markets Government information and archives Marriage and family status Racial and ethnic relations Right of privacy Sex, gender, sexual orientation discrimination Finance and Financial Sector 00 2019-04-11 Introduced in Senate 2020-05-07T14:22:16Z Protections in Consumer Lending Act

This bill requires creditors to collect specified demographic information regarding applicants for certain credit transactions (e.g., automobile loans, credit cards, and payday loans) and the outcomes of these applications. The creditor must report this information to the Consumer Financial Protection Bureau (CFPB).

The CFPB must use this information to determine whether a creditor is engaging in discriminatory practices and may take enforcement action.

]]> Protections in Consumer Lending Act Display Title Protections in Consumer Lending Act Short Title(s) as Introduced Protections in Consumer Lending Act Introduced in Senate IS Official Title as Introduced A bill to amend the Equal Credit Opportunity Act to require creditors to request demographic information from applicants for certain types of credit in order to prevent discriminatory lending practices with respect to those applicants, and for other purposes. Introduced in Senate IS Introduced in Senate 2019-04-11T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116s1205is/xml/BILLS-116s1205is.xml 2019-04-11 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. 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.