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H.R. 1443: LGBTQ Business Equal Credit Enforcement and Investment Act

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To amend the Equal Credit Opportunity Act to require the collection of small business loan data related to LGBTQ-owned businesses.

The bill’s titles are written by its sponsor.

Sponsor and status

Photo of sponsor Ritchie Torres

Ritchie Torres

Sponsor. Representative for New York's 15th congressional district. Democrat.

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Last Updated: Jul 12, 2021
Length: 3 pages
Introduced
Feb 26, 2021
117th Congress (2021–2023)
Status

Passed House (Senate next) on Jun 24, 2021

This bill passed in the House on June 24, 2021 and goes to the Senate next for consideration.

Other activity may have occurred on another bill with identical or similar provisions.

Cosponsors

41 Cosponsors (41 Democrats)

Prognosis
3% chance of being enacted according to Skopos Labs (details)
Source
Congress.gov

Position statements

Statement of Administration Policy

President Joseph Biden [D]: H.R. 1443 – LGBTQ Business Equal Credit Enforcement and Investment Act (Jun 22, 2021)

What legislators are saying

“Maloney Votes to Secure Equality in Access to Credit for LGBTQ+ Small Businesses”
    — Rep. Carolyn Maloney [D-NY12] (Co-sponsor) on Jun 25, 2021

“Equality Caucus Commends President Biden for Executive Order on Advancing LGBTQI+ Equality”
    — Rep. David Cicilline [D-RI1] (Co-sponsor) on Jun 15, 2022

“Leader's Dynamic Vote Guide”
    — Rep. Steny Hoyer [D-MD5] on Jun 24, 2021

More statements at ProPublica Represent...

History

Feb 26, 2021
 
Introduced

Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.

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May 12, 2021
 
Ordered Reported

A committee has voted to issue a report to the full chamber recommending that the bill be considered further. Only about 1 in 4 bills are reported out of committee.

Jun 11, 2021
 
Text Published

Updated bill text was published as of Preprint (Suspension).

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Jun 15, 2021
 
Failed in the House Under Suspension

Passage was attempted under a fast-track procedure called "suspension of the rules." The vote failed, but the bill can be voted on again.

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Jun 17, 2021
 
Text Published

Updated bill text was published as of Preprint (Rule).

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Jun 17, 2021
 
Reported by House Committee on Financial Services

A committee issued a report on the bill, which often provides helpful explanatory background on the issue addressed by the bill and the bill's intentions.

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Jun 24, 2021
 
Passed House (Senate next)

The bill was passed in a vote in the House. It goes to the Senate next.

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If this bill has further action, the following steps may occur next:
—
 
Passed Senate

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Signed by the President

H.R. 1443 is a bill in the United States Congress.

A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.

Bills numbers restart every two years. That means there are other bills with the number H.R. 1443. This is the one from the 117th Congress.

How to cite this information.

We recommend the following MLA-formatted citation when using the information you see here in academic work:

“H.R. 1443 — 117th Congress: LGBTQ Business Equal Credit Enforcement and Investment Act.” www.GovTrack.us. 2021. July 4, 2022 <https://www.govtrack.us/congress/bills/117/hr1443>

Where is this information from?

GovTrack automatically collects legislative information from a variety of governmental and non-governmental sources. This page is sourced primarily from Congress.gov, the official portal of the United States Congress. Congress.gov is generally updated one day after events occur, and so legislative activity shown here may be one day behind. Data via the congress project.