Bill116th CongressFiled Jan 15, 2020Finance and Financial Sector
H.R. 5612
Small Business and Community Investments Expansion Act of 2020
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in house (Jan 15, 2020)
Small Business and Community Investments Expansion Act of 2020
This bill allows a Federal Home Loan Bank to make long-term advances to certain community development financial institutions and insured credit unions for activities related to small businesses, small farms, small agri-businesses, and community development. Currently, only certain community development financial institutions may qualify for these advances.
What just happenedJan 15, 2020
Referred to the House Committee on Financial Services.
Who’s behind it
Rep. Gabbard, Tulsi [D-HI-2](D-HI)Sponsor
1committees3actions4subjects
- Introduced in HouseJan 15, 2020
- Jan 15, 2020IntroReferralH11100
Referred to the House Committee on Financial Services.
Financial Services Committee - Jan 15, 2020IntroReferralIntro-H
Introduced in House
- Jan 15, 2020IntroReferral1000
Introduced in House