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S. 4002 117th Congress Senate

LGBTQ Business Equal Credit Enforcement and Investment Act

Official title: A bill to amend the Equal Credit Opportunity Act to require the collection of small business loan data related to LGBTQ-owned businesses.

Introduced: April 5, 2022 Introduced by: Kirsten E. Gillibrand Democratic · New York See on congress.gov
Finance and Financial Sector
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This bill died when the 117th Congress ended
It never became law before the 117th Congress (2021–2022) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 5, 2022
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Apr 5, 2022
Introduced in Senate
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 Latest action April 5, 2022

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

 Plain-English summary Congressional Research Service

LGBTQ Business Equal Credit Enforcement and Investment Act

This bill requires financial institutions to report certain credit application data to the Consumer Financial Protection Bureau for the purposes of enforcing fair lending laws. Specifically, financial institutions must report this data regarding lesbian-, gay-, bisexual-, transgender-, or queer-owned businesses. Currently, this data is reported regarding women-owned, minority-owned, and small businesses.

 Related & companion bills 3
  • HR 2543 Financial Services Racial Equity, Inclusion, and Economic Justice Act
  • HR 1443 LGBTQ Business Equal Credit Enforcement and Investment Act
  • HR 1659 LGBTQ Business Equal Credit Enforcement and Investment Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1
D
Padilla, Alex
California · Apr 5, 2022
Cite this page click to expand
APA
U.S. Congress. (2026). S. 4002: LGBTQ Business Equal Credit Enforcement and Investment Act. 117th Congress. Open America. https://openamerica.io/bill/117-S-4002/
MLA
"S. 4002: LGBTQ Business Equal Credit Enforcement and Investment Act." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-S-4002/.
Bluebook (legal)
S. 4002, 117th Cong. (2026), https://openamerica.io/bill/117-S-4002/.
Markdown link
[S. 4002: LGBTQ Business Equal Credit Enforcement and Investment Act](https://openamerica.io/bill/117-S-4002/)
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