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    <number>1533</number>
    <updateDate>2025-12-06T00:24:17Z</updateDate>
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    <originChamber>House</originChamber>
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    <introducedDate>2023-03-10</introducedDate>
    <congress>118</congress>
    <legislationUrl>https://www.congress.gov/bill/118th-congress/house-bill/1533</legislationUrl>
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      <constitutionalAuthorityStatementText>&lt;pre&gt;[Congressional Record Volume 169, Number 46 (Friday, March 10, 2023)][House]From the Congressional Record Online through the Government Publishing Office [&lt;a href="https://www.gpo.gov"&gt;www.gpo.gov&lt;/a&gt;]By Mr. AUCHINCLOSS:H.R. 1533.Congress has the power to enact this legislation pursuantto the following:This bill is enacted pursuant to the power granted toCongress under Article I of the United States Constitutionand its subsequent amendments, and further clarified andinterpreted by the Supreme Court of the United States.The single subject of this legislation is:increasing support for de novo finanical institutions.[Page H1280]&lt;/pre&gt;</constitutionalAuthorityStatementText>
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            <date>2023-03-10T14:01:10Z</date>
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        <title>Promoting New and Diverse Depository Institutions Act</title>
        <congress>118</congress>
        <number>2252</number>
        <type>S</type>
        <latestAction>
          <actionDate>2023-07-12</actionDate>
          <text>Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.</text>
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        <actionDate>2023-03-10</actionDate>
        <text>Referred to the House Committee on Financial Services.</text>
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        <fullName>Rep. Auchincloss, Jake [D-MA-4]</fullName>
        <firstName>Jake</firstName>
        <lastName>Auchincloss</lastName>
        <party>D</party>
        <state>MA</state>
        <district>4</district>
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        <fullName>Rep. McHenry, Patrick T. [R-NC-10]</fullName>
        <firstName>Patrick</firstName>
        <lastName>McHenry</lastName>
        <party>R</party>
        <state>NC</state>
        <district>10</district>
        <sponsorshipDate>2023-03-10</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>M001221</bioguideId>
        <fullName>Rep. Molinaro, Marcus J. [R-NY-19]</fullName>
        <firstName>Marcus</firstName>
        <lastName>Molinaro</lastName>
        <party>R</party>
        <state>NY</state>
        <middleName>J.</middleName>
        <district>19</district>
        <sponsorshipDate>2023-12-26</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>F000466</bioguideId>
        <fullName>Rep. Fitzpatrick, Brian K. [R-PA-1]</fullName>
        <firstName>Brian</firstName>
        <lastName>Fitzpatrick</lastName>
        <party>R</party>
        <state>PA</state>
        <middleName>K.</middleName>
        <district>1</district>
        <sponsorshipDate>2024-08-16</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
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      <name>Finance and Financial Sector</name>
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    <subjects>
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      <policyArea>
        <name>Finance and Financial Sector</name>
        <updateDate>2023-03-27T19:47:28Z</updateDate>
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        <actionDate>2023-03-10</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2023-06-14T12:18:06Z</updateDate>
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          <text>&lt;p&gt;&lt;strong&gt;Promoting New and Diverse Depository Institutions Act &lt;/strong&gt;&lt;/p&gt; &lt;p&gt;This bill requires federal banking agencies to study and report on the challenges faced by entities attempting to become chartered depository institutions and to develop a strategic plan to assist in the application process. The strategic plan must (1) promote the chartering of minority depository institutions and entities that could be certified as community development financial institutions, and (2) describe actions to increase the number of depository institutions located in underserved areas.&lt;/p&gt;</text>
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    <title>Promoting New and Diverse Depository Institutions Act</title>
    <titles>
      <item>
        <titleType>Display Title</titleType>
        <titleTypeCode>45</titleTypeCode>
        <title>Promoting New and Diverse Depository Institutions Act</title>
        <updateDate>2024-07-24T15:23:25Z</updateDate>
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        <titleType>Short Title(s) as Introduced</titleType>
        <titleTypeCode>101</titleTypeCode>
        <title>Promoting New and Diverse Depository Institutions Act</title>
        <updateDate>2024-05-24T13:41:47Z</updateDate>
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      <item>
        <titleType>Official Title as Introduced</titleType>
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        <title>To require the Federal banking regulators to jointly conduct a study and develop a strategic plan to address challenges faced by proposed depository institutions seeking de novo depository institution charters; and for other purposes.</title>
        <updateDate>2024-03-18T20:27:25Z</updateDate>
        <billTextVersionName>Introduced in House</billTextVersionName>
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        <type>Introduced in House</type>
        <date>2023-03-10T05:00:00Z</date>
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            <url>https://www.govinfo.gov/content/pkg/BILLS-118hr1533ih/xml/BILLS-118hr1533ih.xml</url>
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    <latestAction>
      <actionDate>2023-03-10</actionDate>
      <text>Referred to the House Committee on Financial Services.</text>
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    <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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