EQUAL CREDIT OPPORTUNITY ACT

Bills and resolutions

Credit: require creditors to consider certain additional credit information when making mortgage loans (see H.R. 8485), H7072 [22JY]

Federal agencies and departments: impose additional requirements for covered agencies in regulatory flexibility analysis (see H.R. 8443), H6921 [20JY]

Small business: require collection of small business loan data relative to LGBTQ-owned businesses (see S. 4002), S1981 [5AP]

Remarks in House

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, H5568 [15JN], H5815 [22JN]

Reports filed

Fair Lending for All Act: Committee on Financial Services (House) (H.R. 166) (H. Rept. 117–349), H5331 [7JN]