US Codex
Bill
Notes

H.R. 166 — what changed

Fair Lending for All Act

From Introduced in House to Reported in House. 2 sections amended between Introduced in House and Reported in House.

Sec. 3 Prohibition on credit discrimination

(a)
added In general— Subsection (a) of section 701 of the Equal Credit Opportunity Act (15 U.S.C. 1691) is amended to read as follows:

added “(a) It shall be unlawful to discriminate against any person, with respect to any aspect of a credit transaction—

added “(1) on the basis of race, color, religion, national origin, sex (including sexual orientation and gender identity), marital status, or age (provided the applicant has the capacity to contract);

added “(2) on the basis of the person’s zip code, or census tract;

added “(3) because all or part of the person's income derives from any public assistance program; or

added “(4) because the person has in good faith exercised any right under the Consumer Credit Protection Act.”

(b)
added Removal of certain references to creditors and applicants and definition added— The Equal Credit Opportunity Act (15 U.S.C. 1691 et seq.) is amended—
(1)
added in section 701(b)—
(A)
added by striking “applicant” each place such term appears and inserting “person”; and
(B)
added in paragraph (2), by striking “applicant’s” each place such term appears and inserting “person’s”;
(2)
added in section 702—
(A)
added by redesignating subsection (g) as subsection (h); and
(B)
added by inserting after subsection (f) the following:

added “(g) The term “aggrieved person” includes any person who—

added “(1) claims to have been injured by a discriminatory credit practice; or

added “(2) believes that such person will be injured by a discriminatory credit practice.”

(3)
added in section 704A—
(A)
added in subsection (b)(1), by striking “applicant” each place such term appears and inserting “aggrieved person”; and
(B)
added in subsection (c), by striking “applicant” and inserting “aggrieved person”;
(4)
added in section 705—
(A)
added by striking “the applicant” each place such term appears and inserting “persons”; and
(B)
added in subsection (a)—
(i)
added by striking “a creditor to take” and inserting “taking”; and
(ii)
added by striking “applicant” and inserting “person”; and
(5)
added in section 706—
(A)
added by striking “creditor” each place such term appears and inserting “person”;
(B)
added by striking “creditor’s” each place such term appears and inserting “person’s”;
(C)
added by striking “creditors” each place such term appears and inserting “persons”; and
(D)
added in subsection (f), by striking “applicant” and inserting “aggrieved person”.

removed Subsection (a) of section 701 of the Equal Credit Opportunity Act (15 U.S.C. 1691) is amended to read as follows:

removed “(a) It shall be unlawful for any creditor to discriminate against any applicant, with respect to any aspect of a credit transaction—

removed “(1) on the basis of race, color, religion, national origin, sex (including sexual orientation and gender identity), marital status, or age (provided the applicant has the capacity to contract);

removed “(2) on the basis of the applicant’s zip code, or census tract;

removed “(3) because all or part of the applicant's income derives from any public assistance program; or

removed “(4) because the applicant has in good faith exercised any right under the Consumer Credit Protection Act.”

Sec. 6 Mortgage data collection

(a)
changed In general— Section 304(b)(4) of the Home Mortgage Disclosure Act of 1975 (12 U.S.C. 2803(b)(4)) is amended by striking “census tract, income level, racial characteristics, age, and gender” and inserting “the applicant or borrower’s zip code, census tract, income level, race, color, religion, national origin, sex, marital status, sexual orientation, gender identity, and age”.
(b)
Protection of privacy interests— Section 304(h)(3)(A) of the Home Mortgage Disclosure Act of 1975 (12 U.S.C. 2803(h)(3)(A)) is amended—
(1)
in clause (i), by striking “and” at the end;
(2)
by redesignating clause (ii) as clause (iii); and
(3)
by inserting after clause (i) the following:

“(ii) zip code, census tract, and any other category of data described in subsection (b)(4), as the Bureau determines to be necessary to satisfy the purpose described in paragraph (1)(E), and in a manner consistent with that purpose; and”