H.R. 166 · Where this bill is now
In committee
Introduced in the House, sent to the Committee on Financial Services, Jan 3, 2025
What this bill does
In plain words · AI-written from the official summaryExpands credit discrimination protections
The bill adds sexual orientation, gender identity, and someone's location (based on zip code or census tract) as classes protected against discrimination when applying for credit like loans or credit cards. It sets up criminal penalties for lenders who break these rules, and it requires the Consumer Financial Protection Bureau to check loan applications for compliance and create a new Office of Fair Lending Testing.
How it affects you
If you're applying for a loan or credit card, this bill would make it illegal for lenders to discriminate against you based on sexual orientation, gender identity, or where you live. It could also affect lenders, who would face criminal penalties for violating these protections.
Read the official summary (Introduced in House, Jan 3, 2025)
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.
Written by AI (Claude) using only the official summary by the Congressional Research Service, the Library of Congress’s nonpartisan research staff. It can miss nuance, so check the official summary and the bill text for details.
1st SessionH. R. 166
A BILL
Fair Lending for All Act
Sponsor: Rep. Al Green (D-TX-9) · Introduced Jan 3, 2025 · Finance and Financial Sector · 1 version of the text
Sources: Congress.gov actions and votes · bill text from GovInfo · latest official action Jan 3, 2025: “Referred to the House Committee on Financial Services.”