3.0.0
7420
2024-10-02T17:16:52Z
2024-10-02T17:16:52Z
House
H
HR
2024-02-20
118
[Congressional Record Volume 170, Number 32 (Tuesday, February 20, 2024)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. MEEKS:H.R. 7420.Congress has the power to enact this legislation pursuantto the following:Article 1The single subject of this legislation is:To establish or modify requirements relating tominoritydepository institutions, community developmentfinancial institutions, and impact banks, and for otherpurposes.[Page H687]
- hssm00
Small Business Committee
House
Standing
  - Referred to
2024-02-20T18:01:35Z
- hsba00
Financial Services Committee
House
Standing
  - Referred to
2024-02-20T18:01:30Z
- 2024-02-20
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.
IntroReferral
H11100
2
House floor actions
  - hssm00
Small Business Committee
- 2024-02-20
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.
IntroReferral
H11100
2
House floor actions
  - hsba00
Financial Services Committee
- 2024-02-20
Introduced in House
IntroReferral
Intro-H
9
Library of Congress
- 2024-02-20
Introduced in House
IntroReferral
1000
9
Library of Congress
- M001137
Rep. Meeks, Gregory W. [D-NY-5]
GREGORY
MEEKS
D
NY
W.
5
N
- G000553
Rep. Green, Al [D-TX-9]
Al
Green
D
TX
9
2024-02-20
True
- C001061
Rep. Cleaver, Emanuel [D-MO-5]
Emanuel
Cleaver
D
MO
5
2024-02-20
True
- B001281
Rep. Beatty, Joyce [D-OH-3]
Joyce
Beatty
D
OH
3
2024-02-20
True
- S001157
Rep. Scott, David [D-GA-13]
David
Scott
D
GA
13
2024-02-20
True
Finance and Financial Sector
Finance and Financial Sector
2024-03-04T16:15:17Z
00
2024-02-20
Introduced in House
2024-10-02T17:16:49Z
Ensuring Diversity in Community Banking Act
This bill establishes programs and revises provisions related to minority depository institutions, community development financial institutions, and impact banks.
The bill (1) expands the definition of minority depository institutions to include women-owned banks, and (2) establishes impact banks as depository institutions with total assets less than $10 billion and where a certain total dollar value of loans are extended to low-income borrowers.
The bill establishes a program allowing minority depository institutions and impact banks to receive deposits from certain Department of the Treasury accounts through designated custodial entities. It also establishes the Minority Bank Deposit Program to prioritize the use of minority depository institutions to the maximum extent possible to serve the financial needs of federal departments and agencies.
Federal banking agencies must issue rules allowing new minority depository institutions and impact banks to take three years to meet capital requirements.

Ensuring Diversity in Community Banking Act
- Display Title
45

Ensuring Diversity in Community Banking Act
2024-07-24T15:19:06Z
- Short Title(s) as Introduced
101

Ensuring Diversity in Community Banking Act
2024-05-24T13:34:02Z
Introduced in House
IH
- Official Title as Introduced
6

To establish or modify requirements relating to minority depository institutions, community development financial institutions, and impact banks, and for other purposes.
2024-03-18T22:18:26Z
Introduced in House
IH
- Introduced in House
2024-02-20T05:00:00Z
  - https://www.govinfo.gov/content/pkg/BILLS-118hr7420ih/xml/BILLS-118hr7420ih.xml
2024-02-20
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.
text/xml
EN
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