Bill
Bill > HR6870
US HR6870
US HR6870To amend the Equal Credit Opportunity Act to clarify creditor's rights and remedies with respect to the consideration of immigration status with respect to the extension of credit, and for other purposes.
summary
Introduced
12/19/2023
12/19/2023
In Committee
12/19/2023
12/19/2023
Crossed Over
Passed
Dead
01/03/2025
01/03/2025
Introduced Session
118th Congress
Bill Summary
A BILL To amend the Equal Credit Opportunity Act to clarify creditor’s rights and remedies with respect to the consideration of immigration status with respect to the extension of credit, and for other purposes.
AI Summary
This bill amends the Equal Credit Opportunity Act to clarify that creditors can inquire about an applicant's immigration status for the purpose of determining the creditor's rights and remedies, as long as it is not used to discriminate in the determination of creditworthiness. The bill specifies that the term "immigration laws" refers to the definition in the Immigration and Nationality Act. This change is intended to provide clarity on creditors' rights and remedies with respect to the consideration of immigration status in extending credit.
Committee Categories
Business and Industry
Sponsors (17)
Andy Ogles (R)*,
Dan Bishop (R),
Lauren Boebert (R),
Andrew Clyde (R),
Eli Crane (R),
Byron Donalds (R),
Neal Dunn (R),
Bob Good (R),
Mark Green (R),
Richard McCormick (R),
Alex Mooney (R),
Troy Nehls (R),
Ralph Norman (R),
Keith Self (R),
Tom Tiffany (R),
Randy Weber (R),
Roger Williams (R),
Last Action
Referred to the House Committee on Financial Services. (on 12/19/2023)
Bill Topics
Banking, Finance, and Domestic Commerce
- ‐ Consumer Finance and Credit, including Credit Cards
Civil Rights, Minority Issues, and Civil Liberties
- ‐ General Civil Rights
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.congress.gov/bill/118th-congress/house-bill/6870/all-info | 12/20/2023 |
| BillText | https://www.congress.gov/118/bills/hr6870/BILLS-118hr6870ih.pdf | 01/10/2024 |
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