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Union Calendar No. 46 

117TH CONGRESS 

1ST SESSION H. R. 1443 

[Report No. 117–65] 

To amend the Equal Credit Opportunity Act to require the collection of 

small business loan data related to LGBTQ-owned businesses. 

IN THE HOUSE OF REPRESENTATIVES 

FEBRUARY 26, 2021 

Mr. TORRES of New York (for himself, Mr. AUCHINCLOSS, Mr. BLUMENAUER, 

Ms. BONAMICI, Ms. CASTOR of Florida, Mr. CICILLINE, Ms. CLARKE of 

New York, Ms. DELBENE, Ms. ESHOO, Mr. ESPAILLAT, Ms. GARCIA of 

Texas, Mr. GARCI ́A of Illinois, Mr. GRIJALVA, Mr. HASTINGS, Mrs. 

HAYES, Mr. JOHNSON of Georgia, Mr. JONES, Mr. KHANNA, Ms. LEGER

FERNANDEZ, Mr. LOWENTHAL, Mrs. CAROLYN B. MALONEY of New 

York, Mr. MCGOVERN, Ms. MOORE of Wisconsin, Mr. NADLER, Ms. NORTON, Mr. PAPPAS, Mr. PAYNE, Mr. RASKIN, Ms. SCANLON, Ms. SCHAKOWSKY, Ms. STRICKLAND, Ms. VELA ́ZQUEZ, Mrs. WATSON COLEMAN, 

Ms. TITUS, Mr. MEEKS, and Mr. TONKO) introduced the following bill; 

which was referred to the Committee on Financial Services 

JUNE 17, 2021 

Additional sponsors: Ms. CHU, Ms. DAVIDS of Kansas, Mr. POCAN, Mr. 

MALINOWSKI, Ms. WILLIAMS of Georgia, and Mr. KILMER

JUNE 17, 2021 

Reported with an amendment, committed to the Committee of the Whole 

House on the State of the Union, and ordered to be printed 

[Strike out all after the enacting clause and insert the part printed in italic] 

[For text of introduced bill, see copy of bill as introduced on February 26, 2021] 


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•HR 1443 RH

A BILL 

To amend the Equal Credit Opportunity Act to require the 

collection of small business loan data related to LGBTQowned businesses. 


ctelli on DSK11ZRN23PROD with BILLS
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•HR 1443 RH

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 

3 SECTION 1. SHORT TITLE. 

4 This Act may be cited as the ‘‘LGBTQ Business Equal 

5 Credit Enforcement and Investment Act’’. 

6 SEC. 2. SMALL BUSINESS LOAN DATA COLLECTION. 

7 (a) IN GENERAL.—Section 704B of the Equal Credit 

8 Opportunity Act (15 U.S.C. 1691c–2) is amended— 

9 (1) by inserting ‘‘LGBTQ-owned,’’ after ‘‘minor10 ity-owned,’’ each place such term appears; 

11 (2) in subsection (e)(2)(G), by inserting ‘‘, sexual 

12 orientation, gender identity’’ after ‘‘sex’’; and 

13 (3) in subsection (h), by adding at the end the 

14 following: 

15 ‘‘(7) LGBTQ-OWNED BUSINESS.—The term 

16 ‘LGBTQ-owned business’ means a business— 

17 ‘‘(A) more than 50 percent of the ownership 

18 or control of which is held by 1 or more individ19 uals self-identifying as lesbian, gay, bisexual, 

20 transgender, or queer; and 

21 ‘‘(B) more than 50 percent of the net profit 

22 or loss of which accrues to 1 or more individuals 

23 self-identifying as lesbian, gay, bisexual, 

24 transgender, or queer.’’. 


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•HR 1443 RH

1 (b) SENSE OF CONGRESS.—It is the sense of the Con2 gress that the term ‘‘sex’’, as used within the Equal Credit 

3 Opportunity Act, includes an individual’s sexual orienta4 tion and gender identity, and that this Act, in part, clari5 fies that the sex, sexual orientation, and gender identity of 

6 the principal owners of a business should be collected under 

7 section 704B of the Equal Credit Opportunity Act as three 

8 separate forms of information. 


ctelli on DSK11ZRN23PROD with BILLS

ctelli on DSK11ZRN23PROD with BILLS
Union Calendar No. 46 

117TH CONGRESS 

1ST SESSION H. R. 1443 

[Report No. 117–65] 

A BILL 

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

JUNE 17, 2021 

Reported with an amendment, committed to the Comand ordered to be printed mittee of the Whole House on the State of the Union, 


ctelli on DSK11ZRN23PROD with BILLS