,,ii  #aafth ,,congress  #ast ,session  
,s4 #abje  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,april #aa1    
#bjai ,mrs4 ,gillibrand 7for herself1   
,ms4 ,klobuchar1 ,mr4 ,wyden1 and ,mr4  
,blumenthal7 introduced the following   
bill2 which was read twice and referred 
to the ,committee on ,banking1 ,housing1
 and ,urban ,affairs  ,a ,,bill  ,to    
amend the ,equal ,credit ,opportunity   
,act to require creditors to request    
demographic information from applicants 
for certain types of credit in order to 
prevent discriminatory lending practices
 with respect to those applicants1 and  
for other purposes4  #a4 ,short title   
,this ,act may be cited as the          
,protections in ,consumer ,lending ,act4
  #b4 ,collection of demographic        
information  7a7 ,in general ,the ,equal
 ,credit ,opportunity ,act 7#ae         
,u4,s4,c4 #afia et seq47 is amended by  
inserting after section #gjd;,b 7#ae    
,u4,s4,c4 #afia;c-#b7 the following3    
#gjd;,c4 ,collection of demographic     

information  7a7 ,definitions ,in this  
section-- 7#a7 the terms annual         
percentage rate and interest have the   
meanings given those terms in section   
#ihg7;i7 of title #aj1 ,united ,states  
,code2  7#b7 the term covered           
transaction means-- 7,a7 the extension  
of credit with respect to the purchase  
of a motor vehicle2  7,b7 the extension 
of credit with respect to which the     
annual percentage rate of interest      
imposed is greater than #cf percent2    
7,c7 the extension of credit-- 7i7 in an
 amount that is less than #ae1jjj2 or   
7ii7 with respect to which the period of
 repayment is less than #c years2 and   
7,d7 the opening of a credit card       
account2 and  7#c7 the term covered year
 means a year in which a creditor       
engages in a covered transaction4  7b7  
,purpose2 sense of ,congress  7#a7      
,purpose ,the purpose of this section is
 to provide the ,bureau and the public  
with data that can be used to--  7,a7   
help determine whether creditors are    

serving the credit-lending needs of the 
communities in which the creditors are  
located2 and  7,b7 assist in-- 7i7      
identifying possible discriminatory     
lending patterns2 and  7ii7 enforcing   
antidiscrimination statutes1 including  
this title4  7#b7 ,sense of ,congress   
,it is the sense of ,congress that      
nothing in this section is intended to  
encourage unsound lending practices or  
the allocation of credit4  7c7          
,collection of information  7#a7 ,in    
general ,subject to the other provisions
 of this section1 after a creditor      
decides whether to approve an           
application submitted by an applicant   
with respect to a covered transaction1  
the creditor--  7,a7 shall-- 7i7 request
 from the applicant the information     
described in paragraph 7#b7 with respect
 to the applicant2  7ii7 when collecting
 information under clause 7i71 provide a
 disclaimer to the applicant regarding--
 7,i7 the purposes of the collection of 
the information2 and  7,,ii7 the right  

of the applicant under paragraph 7#c72  
7iii7 itemize the information with      
respect to the application1 including   
any information collected under clause  
7i71 in order to clearly and            
conspicuously disclose--  7,i7 the      
number of the application and the date  
on which the application was received2  
7,,ii7 the type and purpose of the      
covered transaction2  7,,iii7 the amount
 of the credit or credit limit applied  
for with respect to the covered         
transaction2  7,,iv7 if applicable1 the 
amount of the credit or credit limit    
approved for the applicant with respect 
to the covered transaction2  7,v7 the   
type of action taken with respect to the
 application1 the date on which that    
action is taken1 and1 if the action     
taken is to reject the application1 the 
reason for that rejection2  7,,vi7 the  
originator of the covered transaction2  
7,,vii7 the credit score and debt to    
income ratio of the applicant2  7,,viii7
 if the covered transaction is a loan1  

whether or not the loan is amortizing2  
and  7,,ix7 any additional data that the
 ,bureau determines would aid in        
fulfilling the purposes of this section2
 and  7iv7 in accordance with subsection
 7e71 submit any information collected  
under clause 7i7 and the information    
itemized under clause 7iii7 to the      
,bureau1 which shall--  7,i7 store and  
maintain that information2  7,,ii7 make 
the information available online in     
accordance with subsection 7e77#e72 and 
7,,iii7 take the action described in    
subsection 7f7 with respect to the      
information2 and  7,b7 in carrying out  
subparagraph 7,a71 may not include in   
any record the name1 specific address1  
telephone number1 electronic mail       
address1 or any other personally        
identifiable information of the         
applicant4  7#b7 ,information described 
,the information described in this      
paragraph shall include1 with respect to
 an applicant who submits an application
 to a creditor in connection with a     

covered transaction--  7,a7 the age of  
the applicant2  7,b7 the race of the    
applicant2  7,c7 the color of the       
applicant2  7,d7 the sex of the         
applicant2  7,e7 the marital status of  
the applicant2  7,f7 the sexual         
orientation of the applicant2 and  7,g7 
the gender identity of the applicant4   
7#c7 ,right to refuse ,an applicant with
 respect to a covered transaction may   
refuse to provide any information       
requested under paragraph 7#a7 with     
respect to the covered transaction4  7d7
 ,no access by underwriters  7#a7       
,limitation ,where feasible1 and subject
 to paragraph 7#b71 no loan underwriter 
or other officer or employee of a       
creditor1 or any affiliate of a         
creditor1 involved in making any        
determination concerning an application 
with respect to a covered transaction   
may have access to any information      
provided by the applicant with respect  
to that covered transaction pursuant to 
a request for information under         

subsection 7c77#a77;,a77i7 in connection
 with that application4  7#b7 ,limited  
access ,if a creditor determines that a 
loan underwriter or other officer or    
employee of the creditor1 or any        
affiliate of the creditor1 involved in  
making any determination concerning an  
application with respect to a covered   
transaction should have access to any   
information provided by the applicant   
with respect to that covered transaction
 pursuant to a request for information  
under subsection 7c77#a77;,a77i7 in     
connection with that application1 the   
creditor shall provide notice to the    
applicant--  7,a7 regarding the access  
of the underwriter to that information2 
and  7,b7 that the creditor may not     
discriminate on the basis of that       
information4  7e7 ,disclosure of        
information to ,bureau  7#a7 ,in general
 ,not later than ,march #a of the year  
after a covered year for a creditor1 the
 creditor shall submit to the ,bureau   
all of the information that the creditor

 collected under clause 7i7 of          
subsection 7c77#a77;,a7 and itemized    
under clause 7iii7 of that subsection   
during that covered year4  7#b7         
,information retained ,each creditor    
that submits information to the ,bureau 
under paragraph 7#a7 shall retain a copy
 of that information in the records of  
the creditor for not less than #c years 
after the date on which the creditor    
submits the information4  7#c7          
,prohibition ,a creditor that collects  
information under subsection            
7c77#a77;,a7 may not-- 7,a7 share1      
exchange1 transfer1 sell1 disclose1 or  
otherwise permit access to that         
information except as provided in this  
subsection2 or  7,b7 use that           
information for any purpose1 including  
for a purpose relating to marketing1    
except as provided in this subsection4  
7#d7 ,disclosure statement ,the ,bureau 
shall make available a disclosure       
statement based on the information that 
each creditor submits for a covered year

 under paragraph 7#a71 which--  7,a7    
shall include-- 7i7 the number of       
applications for covered transactions   
that the creditor received and approved 
during that covered year2 and  7ii7 the 
zip code and ,state of residence for    
each applicant with respect to an       
application for a covered transaction   
received by the creditor during that    
covered year2 and  7,b7 may not include 
any information described in subsection 
7c77#a77;,b74  7#e7 ,online disclosure  
,the ,bureau shall--  7,a7 post a       
general notice regarding the            
availability of the information received
 by the ,bureau under paragraph 7#a72   
7,b7 in the notice posted under         
subparagraph 7,a71 clearly convey that  
the information described in that       
subparagraph is available on the website
 of the ,bureau2 and  7,c7 when making  
the information received under paragraph
 7#a7 available on the website of the   
,bureau1 ensure that--  7i7 the         
information is easy for members of the  

public to access and understand2 and    
7ii7 accessing and reading the          
information does not require the use of 
any advanced computer program or        
software4  7f7 ,bureau action  7#a7     
,ensuring no discrimination  7,a7 ,in   
general ,the ,bureau shall examine the  
information submitted to the ,bureau    
under subsection 7e7 or subparagraph    
7,b71 as applicable1 to ensure that--   
7i7 each creditor makes a decision      
regarding whether to approve an         
application for a covered transaction   
based on the internal requirements and  
policies of the creditor with respect to
 the extension of credit2 and  7ii7 no  
creditor with respect to a covered      
transaction discriminates against an    
applicant with respect to that covered  
transaction on the basis of any         
characteristic of the applicant         
described in subsection 7c77#b74  7,b7  
,information from other government      
entities ,for the purposes of           
subparagraph 7,a71 the ,bureau may rely 

on information that is collected by     
another ,federal1 ,state1 or local      
government agency and submitted to the  
,bureau if the ,director of the ,bureau 
determines that--  7i7 relying on that  
information promotes transparency2 and  
7ii7 the information collected by that  
other agency is substantially similar to
 the information that is submitted to   
the ,bureau under subsection 7e74  7#b7 
,enforcement  7,a7 ,in general ,the     
,bureau may take such action as the     
,bureau determines to be necessary or   
appropriate to carry out paragraph      
7#a77;,a71 including by--  7i7 imposing 
a civil penalty in an amount described  
in section #gjf7;b7 against a creditor  
that violates that paragraph2 and  7ii7 
as appropriate1 referring a matter to   
the ,attorney ,general4  7,b7 ,rules of 
construction regarding bona fide errors 
7i7 ,unintentional errors ,an error by a
 creditor in compiling or recording     
information1 including an incorrect     
entry for a census tract number1 may not

 be construed as a violation of this    
section if the error is unintentional   
and occurs despite the maintenance of   
procedures by the creditor that are     
reasonably adapted to avoid those       
errors4  7ii7 ,inaccurate or incomplete 
information ,if a creditor1 not later   
than #cj days after the end of each     
calendar quarter1 makes a good faith    
effort to record all information        
required to be collected under clause   
7i7 of subsection 7c77#a77;,a7 and      
itemized under clause 7iii7 of that     
subsection during that quarter and some 
of that information is nevertheless     
inaccurate or incomplete1 the error or  
omission1 as applicable1 may not be     
construed to violate this section if the
 creditor corrects or completes the     
information before submitting the       
information to the ,bureau under        
subsection 7e74  7g7 ,reporting         
requirement ,not later than #a year     
after the date of enactment of this     
section1 and annually thereafter1 the   

,bureau shall submit to ,congress a     
report regarding the efforts of the     
,bureau in carrying out this section4  4
  7b7 ,technical and conforming         
amendment ,the table of contents for the
 ,equal ,credit ,opportunity ,act 7#ae  
,u4,s4,c4 #afia et seq47 is amended by  
inserting after the item relating to    
section #gjd;,b 7#ae ,u4,s4,c4          
#afia;c-#b7 the following3  #gjd;,c4    
,collection of demographic information4 
4