6870 -- 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. | Poliscope

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.

6870

118th Congress

Finance and Financial Sector

In Committee

Legislative Progress

✓

Introduced

Committee

Floor Vote

Other Chamber

Enacted

Introduced

December 19, 2023

Latest Action

December 19, 2023

Primary Sponsor

Andrew OglesRepublican(TN)

Momentum (last 30 days)

score

0 actions · 0 new cosponsors · 0 votes

Speed vs cohort

0pct

0d open

vs 10,564 other HR bills in the 118th — cohort avg 68d

Summary

This bill allows creditors to consider an applicant’s immigration status for certain purposes when assessing an application for an extension of credit. In particular, considering an applicant’s U.S. immigration status for the purpose of determining the creditor's rights and remedies applicable to the particular extension of credit does not constitute discrimination.