Equal Surety Bond Opportunity Act
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Equal Surety Bond Opportunity Act - Cites activities that constitute unlawful discrimination by a surety against an applicant in a surety bond transaction, including denial: (1) on the basis of race, color, religion, national origin, sex, marital status, sexual orientation, or disability; or (2) because the applicant previously obtained a bond through a certain bonding assistance program or any special purpose bonding program.
Requires a surety to notify an applicant of action on the surety application within ten days of its filing.
Entitles an applicant against whom adverse action is taken to a statement of reasons for such action.
Subjects a surety to liability to the aggrieved applicant for both actual damages and legal costs for noncompliance with this Act.
Mandates full compliance with this Act as a condition for approval as surety by the Secretary of the Treasury.
Referred to the Subcommittee on the Constitution.
- Introduced in House Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). H.R. 4455: Equal Surety Bond Opportunity Act. 108th Congress. Open America. https://openamerica.io/bill/108-HR-4455/
"H.R. 4455: Equal Surety Bond Opportunity Act." 108th Congress, 2026, Open America, https://openamerica.io/bill/108-HR-4455/.
H.R. 4455, 108th Cong. (2026), https://openamerica.io/bill/108-HR-4455/.
[H.R. 4455: Equal Surety Bond Opportunity Act](https://openamerica.io/bill/108-HR-4455/)