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Code · BILL · 118th Congress · H.R. 9989 (Introduced in House) — To amend the Dodd-Frank Wall Street Reform and Consumer Protection Act to expand the Offices of Minority and Women In... · Sec. 2

Sec. 2. Expanding the Offices of Minority and Women Inclusion to encompass LGBTQ+ inclusion

517 words·~2 min read·/bill/118/hr/9989/ih/section-2

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Section 342 of the Dodd-Frank Wall Street Reform and Consumer Protection Act ( 12 U.S.C. 5452 ) is amended— in the heading, by striking and inserting AND WOMEN ; , WOMEN, AND LGBTQ+ by striking Office of Minority and Women Inclusion each place such term appears in heading or text and inserting Office of Minority, Women, and LGBTQ+ Inclusion ; by striking and women-owned each place such term appears and inserting , women-owned, and LGBTQ+-owned ; in subsection (b)(2)(A), by striking and gender and inserting gender, gender identity, and sexual orientation ; in subsection (c)— in paragraph (1), by inserting LGBTQ+, after women, ; in paragraph (2), by striking and minorities and inserting , minorities, and LGBTQ+ individuals ; and in paragraph (3)(A), by striking and women and inserting , women, and LGBTQ+ individuals ; in subsection (e)— in paragraph (3), by striking and women and inserting , women, and LGBTQ+ ; and in paragraph (4), by striking and women and inserting , women, and LGBTQ+ individuals ; in subsection (f), by striking and women each place such term appears and inserting , women, and LGBTQ+ individuals ; and in subsection (g), by adding at the end the following:
The term LGBTQ+ means lesbian, gay, bisexual, transgender, queer, and other identities that experience discrimination related to their sexual orientation or gender identity. The term LGBTQ+-owned business means a business— more than 50 percent of the ownership or control of which is held by 1 or more LGBTQ+ individuals; and more than 50 percent of the net profit or loss of which accrues to 1 or more LGBTQ+ individuals. . The Dodd-Frank Wall Street Reform and Consumer Protection Act ( 12 U.S.C. 5301 et seq. ) is amended— in the table of contents in section 1(b), in the item relating to section 342, by striking AND WOMEN and inserting , WOMEN, AND LGBTQ+ ; and in section 1016(c)(9), by striking Office of Minority and Women Inclusion and inserting Office of Minority, Women, and LGBTQ+ Inclusion .
Section 1319A of the Housing and Community Development Act of 1992 ( 12 U.S.C. 4520 ) is amended— by striking Office of Minority and Women Inclusion each place such term appears in heading or text and inserting Office of Minority, Women, and LGBTQ+ Inclusion ; in subsection (b), by striking and women, and minority- and women-owned and inserting , women, and LGBTQ+ individuals, and minority-, women-, and LGBTQ+-owned ; in subsection (e), by striking and women and businesses owned by minorities and women and inserting , women, and LGBTQ+ individuals and businesses owned by minorities, women, and LGBTQ+ individuals ; and in subsection (f)— in paragraph (2), by striking and people of color and inserting , people of color, and LGBTQ+ individuals ; and in paragraph (3), by striking and women to place talented young minorities and women and inserting , women, and LGBTQ+ individuals to place talented young minorities, women, and LGBTQ+ individuals .
Effective on the date of enactment of the Federal Housing Finance Regulatory Reform Act of 2008, section 1161(a) of such Act is amended by striking paragraph (2).
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Sec. 2
Expanding the Offices of Minority and Women Inclusion to encompass LGBTQ+ inclusion
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