To prohibit Federal agencies from requiring lenders to estimate a borrower’s race or ethnicity via visual observation or surname.
Section 1
Short title
This Act may be cited as the “Preventing Racial Profiling in Lending Act”.
Sec. 2
Prohibition on estimating race or ethnicity
A Federal agency may not require any person or entity, when extending credit, to estimate a borrower’s race or ethnicity via visual observation or surname.