Fair Lending for All Act has not moved since its introduction on Jan 3, 2025, with one cosponsor, a Democrat
Written by the Congressional Research Service [2]. 107 words.
Fair Lending for All Act This bill adds classes of individuals protected under the Equal Credit Opportunity Act. With respect to credit transactions, the bill adds sexual orientation, gender identity, and an applicant's location based on zip code or census tract as classes protected against discrimination. (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.
- Committees
- House Financial Services Committee
- Policy area
- Finance and Financial Sector: 53 of 3,256 bills became law, 113th–118th (1.6%)
- Sponsor
- 1 of 162 bills enacted since 2013
- Text versions
- 1: introduced in house · 1,325 words
- Latest action
- Jan 3, 2025: Referred to the House Committee on Financial Services.
- Records
- Congress.gov · Bill text
The bill status record lists no related bills.