3.0.0 6830 2023-01-11T13:42:56Z 2023-01-11T13:42:56Z House HR 2020-05-12 116 [Congressional Record Volume 166, Number 89 (Tuesday, May 12, 2020)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. PHILLIPS:H.R. 6830.Congress has the power to enact this legislation pursuantto the following:Under Article I, Section 8 of the Constitution, Congresshas the power ``to make all Laws which shall be necessary andproper for carrying into Execution the foregoing Powers, andall other Powers vested by this Constitution in theGovernment of the United States, or any Department or Officerthereof''.[Page H1994]]]> hsba00 Financial Services Committee House Standing Referred to 2020-05-12T16:02:40Z Promoting and Advancing Communities of Color through Inclusive Lending Act 116 7993 HR 2020-08-07 Referred to the Committee on Financial Services, and in addition to the Committee on Small Business, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. Related bill CRS 2020-05-12 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2020-05-12 Introduced in House IntroReferral Intro-H 9 Library of Congress 2020-05-12 Introduced in House IntroReferral 1000 9 Library of Congress P000616 Rep. Phillips, Dean [D-MN-3] Dean Phillips D MN 3 N Finance and Financial Sector Community Development Financial Institutions Fund Community life and organization Government lending and loan guarantees Housing and community development funding Securities Finance and Financial Sector 00 2020-05-12 Introduced in House 2020-12-14T16:35:21Z 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.)

]]> 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,. Display Title 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,. Official Title as Introduced 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,. Introduced in House IH Introduced in House 2020-05-12T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116hr6830ih/xml/BILLS-116hr6830ih.xml 2020-05-12 Referred to the House Committee on Financial Services. text/xml EN 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. Congressional Research Service, Library of Congress 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.