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![handle is hein.congrecreports/crptxaele0001 and id is 1 raw text is: AUTHENTICATED
U.S. GOVERNMENT
INFORMATION .
117TH CONGRESS REPORT
2d Session HOUSE OF REPRESENTATIVES 117-349
FAIR LENDING FOR ALL ACT
JUNE 7, 2022.-Committed to the Committee of the Whole House on the State of
the Union and ordered to be printed
Ms. WATERS, from the Committee on Financial Services,
submitted the following
R E P O R T
[To accompany H.R. 166]
[Including cost estimate of the Congressional Budget Office]
The Committee on Financial Services, to whom was referred the
bill (H.R. 166) to establish an Office of Fair Lending Testing to test
for compliance with the Equal Credit Opportunity Act, to strength-
en the Equal Credit Opportunity Act and to provide for criminal
penalties for violating such Act, and for other purposes, having con-
sidered the same, reports favorably thereon with amendments and
recommends that the bill as amended do pass.
CONTENTS
Page
Purpose and Sum m ary ............................................................................................ 4
Background and Need for Legislation ................................................................... 4
Section-by-Section Analysis of the Legislation ..................................................... 5
Hearings ................................................................................................................... 6
Com m ittee Consideration ........................................................................................ 6
Committee Votes ...................................................................................................... 7
Com m ittee Oversight Findings .............................................................................. 9
Statement of Performance Goals and Objectives .................................................. 9
New Budget Authority and C.B.O. Cost Estimate ............................................... 9
C om m ittee C ost E stim ate ....................................................................................... 13
Federal M andates Statem ent ................................................................................. 13
A dvisory Com m ittee Statem ent .............................................................................. 13
Applicability to Legislative Branch ........................................................................ 13
Congressional Earmarks, Limited Tax Benefits, and Limited Tariff Benefits ... 13
D uplicative Federal Program s ................................................................................ 13
Changes to E xisting L aw s ....................................................................................... 14
The amendments are as follows:
Strike all after the enacting clause and insert the following:
29-006](ViewImageLocal?handle=hein.congrecreports/crptxaele0001&div=1&collection=&method=preview&ext=.png&size=3)