HR 6870
118th Congress
House
Finance and Financial Sector
To amend the Equal Credit Opportunity Act to clarify creditor's rights and remedies with respect to the consideration of immigration status with respect to the extension of credit, and for other purposes.
Introduced: December 19, 2023
Introduced by:
Ogles, Andrew
Republican
· Tennessee
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 19, 2023
Referred to the House Committee on Financial Services.
Dec 19, 2023
Introduced in House
Plain-English summary
This bill allows creditors to consider an applicant’s immigration status for certain purposes when assessing an application for an extension of credit. In particular, considering an applicant’s U.S. immigration status for the purpose of determining the creditor's rights and remedies applicable to the particular extension of credit does not constitute discrimination.
What's happening now
Referred to the House Committee on Financial Services.
Committees of jurisdiction
1