Small Business and Community Investments Expansion Act of 2015
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Mar 13, 2015)
Small Business and Community Investments Expansion Act of 2015
Amends the Federal Home Loan Bank Act to authorize Federal Home Loan Banks to make long-term secured advances to their members to provide funds to community development financial institutions.
Requires a Bank, at the time of origination or renewal of a loan or advance, to obtain and maintain a security interest in collateral eligible pursuant to any secured loan for any community development financial institution.
What just happenedMar 13, 2015
Referred to the House Committee on Financial Services.
Who’s behind it
- Introduced in HouseMar 13, 2015
- Mar 13, 2015IntroReferralH11100
Referred to the House Committee on Financial Services.
Financial Services Committee - Mar 13, 2015IntroReferralIntro-H
Introduced in House
- Mar 13, 2015IntroReferral1000
Introduced in House