Sending Office: Honorable Harley Rouda
Supported by the National LGBT Chamber of Commerce (NGLCC)
Current Cosponsors: Reps. Tony Cárdenas, David Cicilline, Gilbert R. Cisneros, Jr., Steve Cohen, Jim Costa, TJ Cox, Suzan K. DelBene, Debbie Dingell, Anna Eshoo, Jesús “Chuy” García, Raúl Grijalva, Deb Haaland, Alcee Hastings,
Sheila Jackson Lee, Henry C. “Hank” Johnson, Jr., Ann McLane Kuster, Alan Lowenthal, Betty McCollum, Gregory Meeks, Jerrold Nadler, Eleanor Holmes Norton, Jimmy Panetta, Chris Pappas, Mike Quigley, Jamie Raskin, Janice Schakowsky, Eric Swalwell, Rashida Tlaib,
I invite you to join me in building on the historic House passage of the Equality Act by supporting legislation to facilitate fair lending to LGBTQ-owned businesses and identify the needs for these companies to strengthen economic opportunity across the
As the Equality Act would make it unlawful to discriminate against any applicant for credit based on their sexual orientation and gender identity, it is important that the federal government has the data necessary to provide for the proper enforcement of
those provisions. Unfortunately, there is a lack of official data on the LGBTQ business community. This would inhibit our ability to ensure that LGBTQ-owned businesses are treated fairly and limit our understanding on how we can best support opportunities
for these business owners and their employees.
Luckily, we already have a statutory framework to facilitate such data collection. Under current law, financial institutions are required to inquire whether a business applying for credit is a women-owned, minority-owned, or small business. Furthermore,
any applicant for credit may refuse to provide such requested information.
My bill, the LGBTQ Business Equal Credit Enforcement and Investment Act, would make simple conforming changes to current law to add LGBTQ-owned businesses to this required inquiry by financial institutions. This bill would help us obtain information to ensure
fairness to the LGBTQ business community.
If you have any questions or would like to cosponsor this legislation, please contact Zac Commins in my office at
Member of Congress
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