A Democratic bill with 16 Democratic cosponsors · See all 16 cosponsors
Last activity — Referred to the House Committee on Financial Services.
In committee
Introduced and handed to a committee in the chamber it started in.
The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.
Its path through Congress
- Introduced
- In Committee
What this bill would do
This bill, titled the "Promoting Responsive Inclusion and Diverse Engagement Act of 2026" or the "PRIDE Act of 2026," seeks to amend the Dodd-Frank Wall Street Reform and Consumer Protection Act. The primary purpose is to expand the existing Offices of Minority and Women Inclusion to include LGBTQI+ inclusion. It updates various headings and text to include women and LGBTQI+ individuals. The bill also expands the definition of owned businesses to include LGBTQI+-owned businesses. Additionally, it makes corresponding changes to the Housing and Community Development Act of 1992.
Yes· 3 of 6
- Scored +6
Would LGBTQ people be better off under this?
The bill formally expands federal oversight and business ownership definitions to include LGBTQI+ individuals.
- Scored +5
Does this expand the rights of LGBTQ people?
The bill expands the inclusion of LGBTQI+ individuals and their owned businesses into federal oversight offices and housing development laws.
- Scored +4
Does this make it easier to run a small business?
The bill expands the definition of owned businesses to include LGBTQI+-owned businesses in federal oversight and community development contexts.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
-
Expansion of Inclusion Offices: The bill expands the "Office of Minority and Women Inclusion" to the "Office of Minority, Women, and LGBTQI+ Inclusion" under Section 2(a)(1) and (2), which incorporates LGBTQI+ individuals into these oversight structures.
-
Recognition of LGBTQI+ Business Ownership: Under Section 2(a)(8), the bill defines an "LGBTQI+-owned business" as one where more than 50 percent of the ownership, control, or net profit/loss is held by one or more LGBTQI+ individuals. This expands the scope of business ownership categories previously focused on minorities and women.
-
Updated Inclusion Standards: Section 2(a)(4) amends the current law to include "gender identity, and sexual orientation" alongside gender, which affects how inclusion is addressed within the Dodd-Frank Act.
-
Inclusion in Housing and Community Development: Section 2(b)(2) amends the Housing and Community Development Act of 1992 to include LGBTQI+ individuals and LGBTQI+-owned businesses in the context of business ownership and the placement of talented individuals.
Potential Negative Impacts for People
- No negative impacts are explicitly mentioned in the provided text.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Tap or hover a score for the reason it gave.
- Demographic And Interest Groups
- Would LGBTQ people be better off under this? — The bill formally expands federal oversight and business ownership definitions to include LGBTQI+ individuals. Would Hispanic Americans be better off under this? — The bill strengthens inclusion standards that encompass diverse demographic groups including Hispanic and LGBTQI+ populations. Would households on low incomes be better off under this? — The bill's inclusion of LGBTQI+ individuals in the Housing and Community Development Act may support broader community resource access. Would women be better off under this? — The bill maintains and integrates women into expanded inclusion frameworks alongside LGBTQI+ individuals.
- Social Issues And Justice
- Does this expand the rights of LGBTQ people? — The bill expands the inclusion of LGBTQI+ individuals and their owned businesses into federal oversight offices and housing development laws.
- Economy And Finance
- Does this make it easier to run a small business? — The bill expands the definition of owned businesses to include LGBTQI+-owned businesses in federal oversight and community development contexts.
- 7/21/2026
- 1 Cosponsor added.
- 6/25/2026
- 3 Cosponsors added.
- 6/18/2026
- 4 Cosponsors added.
- 6/11/2026
- Referred to the House Committee on Financial Services.
- 8 Cosponsors added.
- Introduced in House
André CarsonDemocrat · Indiana
Salud CarbajalDemocrat · California
Adriano EspaillatDemocrat · New York
Jesús GarcíaDemocrat · Illinois
Daniel GoldmanDemocrat · New York
Adelita GrijalvaDemocrat · Arizona
Henry JohnsonDemocrat · Georgia
Robin KellyDemocrat · Illinois
Raja KrishnamoorthiDemocrat · Illinois
Sydney Kamlager-DoveDemocrat · California
Stephen LynchDemocrat · Massachusetts
Eleanor NortonDemocrat · District of Columbia
Dina TitusDemocrat · Nevada
Mark TakanoDemocrat · California
Rashida TlaibDemocrat · Michigan
Ritchie TorresDemocrat · New York