Preventing Racial Profiling in Lending Act

Bill: 117-hr-6802
Sponsor: full_name: Rep. Williams, Roger [R-TX-25]
Introduced: 2022-02-18
Policy area: Finance and Financial Sector
Latest action: action_date: 2022-02-18
text: Referred to the House Committee on Financial Services.

Summaries:
action_date: 2022-02-18
action_desc: Introduced in House
text: <p><strong>Preventing Racial Profiling in Lending Act </strong></p> <p>This bill prohibits a federal agency from requiring any person or entity to estimate a borrower's race or ethnicity through visual observation or surname when extending credit. </p>

tv_txt: I 117th CONGRESS 2d Session H. R. 6802 IN THE HOUSE OF REPRESENTATIVES February 18, 2022 Mr. Williams of Texas (for himself, Mr. Hill , and Mr. Luetkemeyer ) introduced the following bill; which was referred to the Committee on Financial Services A BILL To prohibit Federal agencies from requiring lenders to estimate a borrower’s race or ethnicity via visual observation or surname.

1. Short title This Act may be cited as the Preventing Racial Profiling in Lending Act . 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.