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    <number>1442</number>
    <updateDate>2025-01-14T18:20:21Z</updateDate>
    <updateDateIncludingText>2025-01-14T18:24:12Z</updateDateIncludingText>
    <originChamber>Senate</originChamber>
    <originChamberCode>S</originChamberCode>
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    <introducedDate>2023-05-04</introducedDate>
    <congress>118</congress>
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        <name>Banking, Housing, and Urban Affairs Committee</name>
        <chamber>Senate</chamber>
        <type>Standing</type>
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            <name>Hearings By (full committee)</name>
            <date>2024-03-12T14:00:00Z</date>
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            <name>Referred To</name>
            <date>2023-05-04T15:25:12Z</date>
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        <actionDate>2024-03-12</actionDate>
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            <name>Banking, Housing, and Urban Affairs Committee</name>
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          <name>Senate</name>
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        <text>Committee on Banking, Housing, and Urban Affairs. Hearings held.</text>
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        <actionDate>2023-05-04</actionDate>
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            <name>Banking, Housing, and Urban Affairs Committee</name>
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          <name>Senate</name>
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        <text>Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.</text>
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        <actionDate>2023-05-04</actionDate>
        <text>Introduced in Senate</text>
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        <actionCode>10000</actionCode>
        <sourceSystem>
          <code>9</code>
          <name>Library of Congress</name>
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    <sponsors>
      <item>
        <bioguideId>W000805</bioguideId>
        <fullName>Sen. Warner, Mark R. [D-VA]</fullName>
        <firstName>Mark</firstName>
        <lastName>Warner</lastName>
        <party>D</party>
        <state>VA</state>
        <middleName>R.</middleName>
        <isByRequest>N</isByRequest>
      </item>
    </sponsors>
    <cosponsors>
      <item>
        <bioguideId>C000880</bioguideId>
        <fullName>Sen. Crapo, Mike [R-ID]</fullName>
        <firstName>Mike</firstName>
        <lastName>Crapo</lastName>
        <party>R</party>
        <state>ID</state>
        <sponsorshipDate>2023-05-04</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>P000595</bioguideId>
        <fullName>Sen. Peters, Gary C. [D-MI]</fullName>
        <firstName>Gary</firstName>
        <lastName>Peters</lastName>
        <party>D</party>
        <state>MI</state>
        <sponsorshipDate>2024-01-11</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>L000571</bioguideId>
        <fullName>Sen. Lummis, Cynthia M. [R-WY]</fullName>
        <firstName>Cynthia</firstName>
        <lastName>Lummis</lastName>
        <party>R</party>
        <state>WY</state>
        <middleName>M.</middleName>
        <sponsorshipDate>2024-01-11</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>H001079</bioguideId>
        <fullName>Sen. Hyde-Smith, Cindy [R-MS]</fullName>
        <firstName>Cindy</firstName>
        <lastName>Hyde-Smith</lastName>
        <party>R</party>
        <state>MS</state>
        <sponsorshipDate>2024-02-28</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>S001203</bioguideId>
        <fullName>Sen. Smith, Tina [D-MN]</fullName>
        <firstName>Tina</firstName>
        <lastName>Smith</lastName>
        <party>D</party>
        <state>MN</state>
        <sponsorshipDate>2024-03-19</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
    </cosponsors>
    <policyArea>
      <name>Finance and Financial Sector</name>
    </policyArea>
    <subjects>
      <legislativeSubjects>
        <item>
          <name>Community Development Financial Institutions Fund</name>
          <updateDate>2024-04-09T15:41:07Z</updateDate>
        </item>
        <item>
          <name>Community life and organization</name>
          <updateDate>2024-04-09T15:47:25Z</updateDate>
        </item>
        <item>
          <name>Congressional oversight</name>
          <updateDate>2024-04-09T15:41:54Z</updateDate>
        </item>
        <item>
          <name>Government information and archives</name>
          <updateDate>2024-04-09T15:48:08Z</updateDate>
        </item>
        <item>
          <name>Government lending and loan guarantees</name>
          <updateDate>2024-04-09T15:40:35Z</updateDate>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>Finance and Financial Sector</name>
        <updateDate>2023-05-19T13:00:27Z</updateDate>
      </policyArea>
    </subjects>
    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2023-05-04</actionDate>
        <actionDesc>Introduced in Senate</actionDesc>
        <updateDate>2024-01-16T15:15:55Z</updateDate>
        <cdata>
          <text>&lt;p&gt;&lt;strong&gt;Scaling Community Lenders Act of 2023 &lt;/strong&gt;&lt;/p&gt; &lt;p&gt;This bill allows the Community Development Financial Institutions Fund to provide funds for guarantees, loan loss reserves, or other forms of credit to promote liquidity for Community Development Financial Institutions. The bill also removes matching requirements, establishes eligibility requirements and projects prioritization, and increases the cap on the allowed assistance available to an organization. &lt;/p&gt; &lt;p&gt;The bill also allows the Emergency Capital Investment Fund to provide assistance for these purposes.&lt;/p&gt;</text>
        </cdata>
      </summary>
    </summaries>
    <title>Scaling Community Lenders Act of 2023</title>
    <titles>
      <item>
        <titleType>Display Title</titleType>
        <titleTypeCode>45</titleTypeCode>
        <title>Scaling Community Lenders Act of 2023</title>
        <updateDate>2024-07-24T15:22:20Z</updateDate>
      </item>
      <item>
        <titleType>Short Title(s) as Introduced</titleType>
        <titleTypeCode>101</titleTypeCode>
        <title>Scaling Community Lenders Act of 2023</title>
        <updateDate>2024-05-24T13:40:15Z</updateDate>
        <billTextVersionName>Introduced in Senate</billTextVersionName>
        <billTextVersionCode>IS</billTextVersionCode>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <titleTypeCode>6</titleTypeCode>
        <title>A bill to amend the Community Development Banking and Financial Institutions Act of 1994 to adjust for inflation the maximum amount of assistance provided by the Community Development Financial Institutions Fund, and for other purposes.</title>
        <updateDate>2024-02-29T09:08:29Z</updateDate>
        <billTextVersionName>Introduced in Senate</billTextVersionName>
        <billTextVersionCode>IS</billTextVersionCode>
      </item>
    </titles>
    <textVersions>
      <item>
        <type>Introduced in Senate</type>
        <date>2023-05-04T04:00:00Z</date>
        <formats>
          <item>
            <url>https://www.govinfo.gov/content/pkg/BILLS-118s1442is/xml/BILLS-118s1442is.xml</url>
          </item>
        </formats>
      </item>
    </textVersions>
    <latestAction>
      <actionDate>2024-03-12</actionDate>
      <text>Committee on Banking, Housing, and Urban Affairs. Hearings held.</text>
    </latestAction>
  </bill>
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    <dc:language>EN</dc:language>
    <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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