House Bill 166
117th Congress(2021-2022)
Fair Lending for All Act
Introduced
Introduced in House on Jan 4, 2021
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
166
Congress
117
Policy Area
Finance and Financial Sector
Finance and Financial Sector
Primary focus of measure is U.S. banking and financial institutions regulation; consumer credit; bankruptcy and debt collection; financial services and investments; insurance; securities; real estate transactions; currency. Measures concerning financial crimes may fall under Crime and Law Enforcement. Measures concerning business and corporate finance may fall under Commerce policy area. Measures concerning international banking may fall under Foreign Trade and International Finance policy area.
No House votes have been held for this bill.
Summary
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.
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06/07/2022
Placed on the Union Calendar, Calendar No. 263.
06/07/2022
Reported (Amended) by the Committee on Financial Services. H. Rept. 117-349.
05/12/2021
Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 28 - 24.
05/12/2021
Committee Consideration and Mark-up Session Held.
01/04/2021
Referred to the House Committee on Financial Services.
01/04/2021
Introduced in House
Public Record
Record Updated
Dec 5, 2023 10:26:20 AM