Fair Lending Discovery Clarification Act of 2017

Bill: 115-hr-1522
Sponsor: full_name: Rep. Meeks, Gregory W. [D-NY-5]
Introduced: 2017-03-13
Policy area: Civil Rights and Liberties, Minority Issues
Subjects: Civil actions and liability

Consumer credit

Housing discrimination
Latest action: action_date: 2017-03-31
text: Referred to the Subcommittee on the Constitution and Civil Justice.

Summaries:
action_date: 2017-03-13
action_desc: Introduced in House
text: <p><b>Fair Lending Discovery Clarification Act of 2017</b></p> <p>This bill amends the statute of limitations for civil liability under the Equal Credit Opportunity Act and the Fair Housing Act to: (1) extend the period for an aggrieved person to bring an equal credit action to five years after the applicant knows or has notice that the applicant was a victim of discrimination (currently, five years after the violation); and (2) specify that the two-year period for an aggrieved person to bring a fair housing action excludes any time during which the aggrieved person did not know or have notice of the existence of the discriminatory housing practice or the breach of the conciliation agreement.</p>

tv_txt: I 115th CONGRESS 1st Session H. R. 1522 IN THE HOUSE OF REPRESENTATIVES March 13, 2017 Mr. Meeks introduced the following bill; which was referred to the Committee on the Judiciary , and in addition to the Committee on Financial Services , for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned A BILL To amend the Equal Credit Opportunity Act and the Fair Housing Act to amend the statute of limitations for civil liability, and for other purposes.

1. Short title This Act may be cited as the Fair Lending Discovery Clarification Act of 2017 . 2. Amendment to the statute of limitations under the Equal Credit Opportunity Act Section 706(f) of the Equal Credit Opportunity Act ( 15 U.S.C. 1691e(f) ) is amended— (1) by redesignating paragraphs (1) and (2) as subparagraphs (A) and (B), respectively (and conforming the margins accordingly); (2) by striking Any action and inserting the following: (1) In general Any action ; (3) by striking No such and inserting Except as provided in paragraph (2), no such ; (4) by striking later than 5 years after the date of the occurrence of the violation and inserting later than 5 years after the date on which the applicant knows or has notice that the applicant was a victim of discrimination. ; (5) by striking , except that— and inserting the following: (2) Exception The limitation described in paragraph (1) shall not apply— ; and (6) in subparagraph (A) (as so redesignated), by inserting or at the end. 3. Amendment to statute of limitations under the Fair Housing Act Section 813(a)(1) of the Fair Housing Act ( 42 U.S.C. 3613(a)(1) ) is amended by adding at the end the following: (C) The computation of such 2-year period shall not include any time during which the aggrieved person did not know or have notice of the existence of the discriminatory housing practice or the breach of the conciliation agreement. .