3.0.0 7003 2023-12-05T10:26:21Z 2023-12-05T10:26:21Z House HR 2022-03-08 117 [Congressional Record Volume 168, Number 41 (Tuesday, March 8, 2022)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Ms. WATERS:H.R. 7003.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, clause 3 provides Congress with thepower to ``regulate commerce with foreign nations, and amongthe several states, and with the Indian tribes.''[Page H1375]]]> hsba00 Financial Services Committee House Standing Reported by 2022-06-07T19:05:35Z Markup by 2022-05-17T16:48:49Z Referred to 2022-03-08T15:04:40Z H. Rept. 117-351 Federal Reserve Racial and Economic Equity Act 117 2543 HR 2022-06-21 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Related bill CRS Expanding Financial Access for Underserved Communities Act 117 4879 S 2022-09-19 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S4823) Related bill CRS 2022-06-07 Placed on the Union Calendar, Calendar No. 265. Calendars H12410 2 House floor actions U00265 2022-06-07 Reported (Amended) by the Committee on Financial Services. H. Rept. 117-351. Committee H12200 2 House floor actions hsba00 Financial Services Committee 2022-06-07 Reported (Amended) by the Committee on Financial Services. H. Rept. 117-351. Committee 5000 9 Library of Congress hsba00 Financial Services Committee 2022-05-17 hsba00 Financial Services Committee 1 House committee actions Ordered to be Reported in the Nature of a Substitute by the Yeas and Nays: 27 - 22. Committee 2022-05-17 hsba00 Financial Services Committee 1 House committee actions Committee Consideration and Mark-up Session Held. Committee 2022-03-08 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2022-03-08 Introduced in House IntroReferral Intro-H 9 Library of Congress 2022-03-08 Introduced in House IntroReferral 1000 9 Library of Congress W000187 Rep. Waters, Maxine [D-CA-43] MAXINE WATERS D CA 43 N P000593 Rep. Perlmutter, Ed [D-CO-7] Ed Perlmutter D CO 7 2022-03-08 True S001157 Rep. Scott, David [D-GA-13] David Scott D GA 13 2022-04-14 False Finance and Financial Sector Banking and financial institutions regulation Economic development Finance and Financial Sector 00 2022-03-08 Introduced in House 2022-08-19T12:54:44Z Expanding Financial Access for Underserved Communities Act

This bill eases credit union membership requirements to allow more access for persons in underserved areas. A credit union must, however, submit a business and marketing plan to the National Credit Union Administration explaining the credit union's ability and intent to serve such population.

The bill also excludes loans made to members in underserved areas from certain credit union limits on member business loans.

]]> 07 2022-06-07 Reported to House 2022-09-07T12:04:27Z Expanding Financial Access for Underserved Communities Act

This bill eases credit union membership requirements to allow more access for persons in underserved areas. A credit union must, however, submit a business and marketing plan to the National Credit Union Administration explaining the credit union's ability and intent to serve such population.

The bill also excludes loans made to members in underserved areas from certain credit union limits on member business loans.

]]> Expanding Financial Access for Underserved Communities Act Display Title Expanding Financial Access for Underserved Communities Act Short Title(s) as Reported to House Expanding Financial Access for Underserved Communities Act H House Reported in House RH Short Title(s) as Introduced Expanding Financial Access for Underserved Communities Act Introduced in House IH Official Title as Introduced To amend the Federal Credit Union Act to permit credit unions to serve certain underserved areas, and for other purposes. Introduced in House IH Reported in House 2022-06-07T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-117hr7003rh/xml/BILLS-117hr7003rh.xml Introduced in House 2022-03-08T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-117hr7003ih/xml/BILLS-117hr7003ih.xml 2022-06-07 Placed on the Union Calendar, Calendar No. 265. 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.