Small Business and Community Investments Expansion Act of 2017
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Jan 27, 2017)
Small Business and Community Investments Expansion Act of 2017
This bill amends the Federal Home Loan Bank Act to authorize a Federal Home Loan Bank to make a long-term secured advance for the purpose of providing funds to a community development financial institution. Additionally, the bill expands eligible collateral, in the case of a community development financial institution, to include secured loans or securities representing a whole interest in secured loans.
What just happenedJan 27, 2017
Referred to the House Committee on Financial Services.
Who’s behind it
- Introduced in HouseJan 27, 2017
- Jan 27, 2017IntroReferralH11100
Referred to the House Committee on Financial Services.
Financial Services Committee - Jan 27, 2017IntroReferralIntro-H
Introduced in House
- Jan 27, 2017IntroReferral1000
Introduced in House