3.0.0 4879 2023-09-01T13:15:21Z 2023-09-01T13:15:21Z Senate S 2022-09-19 117 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred to 2022-09-19T19:46:05Z 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 7003 HR 2022-06-07 Placed on the Union Calendar, Calendar No. 265. Related bill CRS 2022-09-19 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S4823) IntroReferral 2022-09-19 Introduced in Senate IntroReferral 10000 9 Library of Congress P000145 Sen. Padilla, Alex [D-CA] Alex Padilla D CA N Finance and Financial Sector Banking and financial institutions regulation Economic development Finance and Financial Sector 00 2022-09-19 Introduced in Senate 2022-10-05T16:52:58Z 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 Introduced Expanding Financial Access for Underserved Communities Act Introduced in Senate IS Official Title as Introduced A bill to amend the Federal Credit Union Act to permit credit unions to serve certain underserved areas, and for other purposes. Introduced in Senate IS Introduced in Senate 2022-09-19T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-117s4879is/xml/BILLS-117s4879is.xml 2022-09-19 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S4823) 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.