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    <number>704</number>
    <updateDate>2023-01-11T13:34:16Z</updateDate>
    <updateDateIncludingText>2023-01-11T13:34:16Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <type>HR</type>
    <introducedDate>2017-01-27</introducedDate>
    <congress>115</congress>
    <constitutionalAuthorityStatementText><![CDATA[<pre>[Congressional Record Volume 163, Number 14 (Friday, January 27, 2017)]From the Congressional Record Online through the Government Publishing Office [<a href='http://www.gpo.gov'>www.gpo.gov</a>]By Mr. ELLISON:H.R. 704.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8, Clause 1, Clause 3 and Clause 18.[Page H702]</pre>]]></constitutionalAuthorityStatementText>
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        <actionDate>2017-01-27</actionDate>
        <text>Referred to the House Committee on Financial Services.</text>
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        <bioguideId>E000288</bioguideId>
        <fullName>Rep. Ellison, Keith [D-MN-5]</fullName>
        <firstName>Keith</firstName>
        <lastName>Ellison</lastName>
        <party>D</party>
        <state>MN</state>
        <district>5</district>
        <isByRequest>N</isByRequest>
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        <bioguideId>S001187</bioguideId>
        <fullName>Rep. Stivers, Steve [R-OH-15]</fullName>
        <firstName>Steve</firstName>
        <lastName>Stivers</lastName>
        <party>R</party>
        <state>OH</state>
        <district>15</district>
        <sponsorshipDate>2017-01-27</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
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      <item>
        <bioguideId>M000087</bioguideId>
        <fullName>Rep. Maloney, Carolyn B. [D-NY-12]</fullName>
        <firstName>CAROLYN</firstName>
        <lastName>MALONEY</lastName>
        <party>D</party>
        <state>NY</state>
        <middleName>B.</middleName>
        <district>12</district>
        <sponsorshipDate>2017-01-27</sponsorshipDate>
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        <bioguideId>P000606</bioguideId>
        <fullName>Rep. Pittenger, Robert [R-NC-9]</fullName>
        <firstName>Robert</firstName>
        <lastName>Pittenger</lastName>
        <party>R</party>
        <state>NC</state>
        <district>9</district>
        <sponsorshipDate>2017-01-27</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
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        <bioguideId>D000620</bioguideId>
        <fullName>Rep. Delaney, John K. [D-MD-6]</fullName>
        <firstName>John</firstName>
        <lastName>Delaney</lastName>
        <party>D</party>
        <state>MD</state>
        <middleName>K.</middleName>
        <district>6</district>
        <sponsorshipDate>2017-01-27</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
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      <item>
        <bioguideId>P000594</bioguideId>
        <fullName>Rep. Paulsen, Erik [R-MN-3]</fullName>
        <firstName>Erik</firstName>
        <lastName>Paulsen</lastName>
        <party>R</party>
        <state>MN</state>
        <district>3</district>
        <sponsorshipDate>2017-01-27</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>S001191</bioguideId>
        <fullName>Rep. Sinema, Kyrsten [D-AZ-9]</fullName>
        <firstName>Kyrsten</firstName>
        <lastName>Sinema</lastName>
        <party>D</party>
        <state>AZ</state>
        <district>9</district>
        <sponsorshipDate>2017-01-27</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>G000571</bioguideId>
        <fullName>Rep. Gabbard, Tulsi [D-HI-2]</fullName>
        <firstName>Tulsi</firstName>
        <lastName>Gabbard</lastName>
        <party>D</party>
        <state>HI</state>
        <district>2</district>
        <sponsorshipDate>2017-02-07</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
    </cosponsors>
    <policyArea>
      <name>Finance and Financial Sector</name>
    </policyArea>
    <subjects>
      <legislativeSubjects>
        <item>
          <name>Bank accounts, deposits, capital</name>
        </item>
        <item>
          <name>Banking and financial institutions regulation</name>
        </item>
        <item>
          <name>Credit and credit markets</name>
        </item>
        <item>
          <name>Housing and community development funding</name>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>Finance and Financial Sector</name>
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    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2017-01-27</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2018-02-05T22:18:22Z</updateDate>
        <text><![CDATA[ <p><b>Small Business and Community Investments Expansion Act of 2017</b></p> <p>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.</p>]]></text>
      </summary>
    </summaries>
    <title>Small Business and Community Investments Expansion Act of 2017</title>
    <titles>
      <item>
        <titleType>Display Title</titleType>
        <title>Small Business and Community Investments Expansion Act of 2017</title>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>To amend the Federal Home Loan Bank Act to expand the purposes of advances and collateral available to community development financial institutions.</title>
        <billTextVersionName>Introduced in House</billTextVersionName>
        <billTextVersionCode>IH</billTextVersionCode>
      </item>
      <item>
        <titleType>Short Titles as Introduced</titleType>
        <title>Small Business and Community Investments Expansion Act of 2017</title>
      </item>
    </titles>
    <textVersions>
      <item>
        <type>Introduced in House</type>
        <date>2017-01-27T05:00:00Z</date>
        <formats>
          <item>
            <url>https://www.govinfo.gov/content/pkg/BILLS-115hr704ih/xml/BILLS-115hr704ih.xml</url>
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        </formats>
      </item>
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    <latestAction>
      <actionDate>2017-01-27</actionDate>
      <text>Referred to the House Committee on Financial Services.</text>
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    <dc:language>EN</dc:language>
    <dc:rights>Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.</dc:description>
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