Bill116th CongressFiled May 12, 2020Finance and Financial Sector
H.R. 6830
To amend the Riegle Community Development and Regulatory Improvement Act of 1994 to establish minimum issuance amounts under the CDFI Bond Guarantee Program, and for other purposes,.
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Under committee review
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What it doesSummary introduced in house (May 12, 2020)
This bill reduces the Community Development Financial Institutions (CDFI) Bond Guarantee Program minimum issuance amount from $100 million to $25 million for FY2020, and to $50 million thereafter. (CDFIs are financial institutions serving low-income communities. Designation as a CDFI allows an institution to participate in programs such as the CDFI Bond Guarantee Program.)
What just happenedMay 12, 2020
Referred to the House Committee on Financial Services.
Who’s behind it
Rep. Phillips, Dean [D-MN-3](D-MN)Sponsor
1committees3actions1related bills5subjects
- Introduced in HouseMay 12, 2020
- May 12, 2020IntroReferralH11100
Referred to the House Committee on Financial Services.
Financial Services Committee - May 12, 2020IntroReferralIntro-H
Introduced in House
- May 12, 2020IntroReferral1000
Introduced in House