Congress·In Committee·H.R. 9309

PRIDE Act of 2026

Financial Agencies: LGBTQI+ Diversity Requirements

22 days ago·View on Congress.gov·Read full text

The PRIDE Act of 2026 is currently in the early stages of the legislative process. It was recently sent to the House Committee on Financial Services for review. There are no upcoming votes scheduled at this time.

Legislative Progress

House

Senate

President

Law

Unlikely to pass

The bill is supported only by Democrats and is likely to face strong opposition from Republicans who often oppose expanding diversity mandates.

Key Points

This bill expands the mission of diversity offices at federal financial agencies. These offices currently focus on women and minorities, but this change would add LGBTQI+ individuals to their goals.
Federal agencies would have to include LGBTQI+ people in their hiring and promotion efforts. It also requires these agencies to seek out businesses owned by LGBTQI+ people when they buy goods or services.
The bill defines an LGBTQI+ owned business as one where more than 50 percent of the company is owned and controlled by LGBTQI+ people. This helps ensure that government spending reaches a wider range of business owners.
This law would apply to several major government groups, including the agency that oversees home mortgages and the one that protects consumers from bank fraud. The goal is to make sure the financial industry reflects the diversity of the country.

Impact Analysis

Govbase has not yet run an impact analysis on this legislation.

Milestones

2 milestones2 actions

Jun 11, 2026House

Referred to the House Committee on Financial Services.

Jun 11, 2026

Introduced in House

The bill was officially filed and given a number. It now enters the legislative queue.

Votes

No votes have been recorded for this legislation yet.

News

No related news coverage found for this legislation yet.

Source Information

Document Type

Congressional Bill

Official Title

PRIDE Act of 2026

Bill NumberHR 9309

Congress119th Congress

ChamberHouse of Representatives

Latest ActionReferred to the House Committee on Financial Services.

Data Sources

Congress.gov

Official legislative information

Read Full Bill Text

Sponsor

Cosponsors

(15)

D: 15

Analysis generated by AI. Always verify with official sources.