EQUAL CREDIT OPPORTUNITY ACT

Bills and resolutions

Credit: require creditors to request demographic information from applicants for certain types of credit in order to prevent discriminatory lending practices relative to those applicants (see S. 1205), S2435 [11AP] (see H.R. 2324), H3270 [15AP]

FTC: establish Office of Fair Lending Testing to test for compliance with laws prohibiting credit discrimination, strengthen such laws, and provide criminal penalties for violations of such laws (see H.R. 166), H207 [3JA]

Small business: require collection of small business loan data relative o LGBTQ-owned businesses (see H.R. 3374), H5005 [20JN]

Remarks in House

Credit: require creditors to request demographic information from applicants for certain types of credit in order to prevent discriminatory lending practices relative to those applicants (H.R. 2324), E471 [15AP]

FTC: establish Office of Fair Lending Testing to test for compliance with laws prohibiting credit discrimination, strengthen such laws, and provide criminal penalties for violations of such laws (H.R. 166), H3400 [1MY]