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Expanding LGBTQ+ inclusion in federal financial and housing diversity programs.

This law expands federal diversity and inclusion programs within the financial and housing sectors to explicitly cover LGBTQ+ individuals and businesses. Federal agencies overseeing banks and financial markets must now actively promote the employment and contracting of businesses owned by minorities, women, and LGBTQ+ individuals. This aims to ensure equal opportunities in accessing jobs and government contracts monitored by these agencies, potentially increasing economic opportunities for this group of citizens.
Key points
Federal Offices of Minority and Women Inclusion (OMWI) are renamed to formally include the LGBTQ+ community.
LGBTQ+-owned businesses gain formal status in programs designed to increase access to federal contracts and financial services.
Financial and housing agencies must now consider sexual orientation and gender identity in their diversity and employment efforts.
article Official text account_balance Process page
Expired
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Additional Information
Print number: 118_HR_9989
Sponsor: Rep. Williams, Nikema [D-GA-5]
Process start date: 2024-10-11
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Summarized by: gemini-2.5-flash-preview-09-2025
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

PRIDE Act of 2024

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_9989.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2024-10-11.

What are the main provisions?

Key points include:

  • Federal Offices of Minority and Women Inclusion (OMWI) are renamed to formally include the LGBTQ+ community.
  • LGBTQ+-owned businesses gain formal status in programs designed to increase access to federal contracts and financial services.
  • Financial and housing agencies must now consider sexual orientation and gender identity in their diversity and employment efforts.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Williams, Nikema [D-GA-5].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Financial Services.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-26.

CATEGORIES

Economy Labor Real Estate