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    <introducedDate>2023-03-16</introducedDate>
    <congress>118</congress>
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        <name>Banking, Housing, and Urban Affairs Committee</name>
        <chamber>Senate</chamber>
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            <name>Housing, Transportation, and Community Development Subcommittee</name>
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                <date>2023-10-17T18:30:00Z</date>
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      <item>
        <title>CDFI Bond Guarantee Program Improvement Act of 2023</title>
        <congress>118</congress>
        <number>10422</number>
        <type>HR</type>
        <latestAction>
          <actionDate>2024-12-16</actionDate>
          <text>Referred to the House Committee on Financial Services.</text>
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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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            <name>Housing, Transportation, and Community Development Subcommittee</name>
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          <name>Senate</name>
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        <text>Committee on Banking, Housing, and Urban Affairs Subcommittee on Housing, Transportation, and Community Development. Hearings held.</text>
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        <actionDate>2023-03-16</actionDate>
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            <name>Banking, Housing, and Urban Affairs Committee</name>
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        <text>Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.</text>
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        <text>Introduced in Senate</text>
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          <name>Library of Congress</name>
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        <fullName>Sen. Smith, Tina [D-MN]</fullName>
        <firstName>Tina</firstName>
        <lastName>Smith</lastName>
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        <state>MN</state>
        <isByRequest>N</isByRequest>
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    <cosponsors>
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        <bioguideId>R000605</bioguideId>
        <fullName>Sen. Rounds, Mike [R-SD]</fullName>
        <firstName>Mike</firstName>
        <lastName>Rounds</lastName>
        <party>R</party>
        <state>SD</state>
        <sponsorshipDate>2023-03-16</sponsorshipDate>
        <isOriginalCosponsor>True</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>2023-03-16</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
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      <item>
        <bioguideId>D000618</bioguideId>
        <fullName>Sen. Daines, Steve [R-MT]</fullName>
        <firstName>Steve</firstName>
        <lastName>Daines</lastName>
        <party>R</party>
        <state>MT</state>
        <sponsorshipDate>2023-03-16</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
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      <item>
        <bioguideId>M000934</bioguideId>
        <fullName>Sen. Moran, Jerry [R-KS]</fullName>
        <firstName>Jerry</firstName>
        <lastName>Moran</lastName>
        <party>R</party>
        <state>KS</state>
        <sponsorshipDate>2023-03-16</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>K000367</bioguideId>
        <fullName>Sen. Klobuchar, Amy [D-MN]</fullName>
        <firstName>Amy</firstName>
        <lastName>Klobuchar</lastName>
        <party>D</party>
        <state>MN</state>
        <sponsorshipDate>2023-03-16</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>M000639</bioguideId>
        <fullName>Sen. Menendez, Robert [D-NJ]</fullName>
        <firstName>Robert</firstName>
        <lastName>Menendez</lastName>
        <party>D</party>
        <state>NJ</state>
        <sponsorshipDate>2023-03-16</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <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>
        <sponsorshipDate>2023-03-16</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
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      <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>2023-06-14</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>T000464</bioguideId>
        <fullName>Sen. Tester, Jon [D-MT]</fullName>
        <firstName>Jon</firstName>
        <lastName>Tester</lastName>
        <party>D</party>
        <state>MT</state>
        <sponsorshipDate>2023-09-13</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>F000479</bioguideId>
        <fullName>Sen. Fetterman, John [D-PA]</fullName>
        <firstName>John</firstName>
        <lastName>Fetterman</lastName>
        <party>D</party>
        <state>PA</state>
        <middleName>K.</middleName>
        <sponsorshipDate>2023-10-16</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
    </cosponsors>
    <policyArea>
      <name>Finance and Financial Sector</name>
    </policyArea>
    <subjects>
      <legislativeSubjects>
        <item>
          <name>Banking and financial institutions regulation</name>
          <updateDate>2023-10-27T15:00:22Z</updateDate>
        </item>
        <item>
          <name>Business investment and capital</name>
          <updateDate>2023-10-27T15:00:22Z</updateDate>
        </item>
        <item>
          <name>Community Development Financial Institutions Fund</name>
          <updateDate>2023-10-27T15:00:22Z</updateDate>
        </item>
        <item>
          <name>Community life and organization</name>
          <updateDate>2023-10-27T15:00:22Z</updateDate>
        </item>
        <item>
          <name>Congressional oversight</name>
          <updateDate>2023-10-27T15:00:22Z</updateDate>
        </item>
        <item>
          <name>Credit and credit markets</name>
          <updateDate>2023-10-27T15:00:22Z</updateDate>
        </item>
        <item>
          <name>Government information and archives</name>
          <updateDate>2023-10-27T15:00:22Z</updateDate>
        </item>
        <item>
          <name>Government lending and loan guarantees</name>
          <updateDate>2023-10-27T15:00:22Z</updateDate>
        </item>
        <item>
          <name>Government studies and investigations</name>
          <updateDate>2023-10-27T15:00:22Z</updateDate>
        </item>
        <item>
          <name>Housing and community development funding</name>
          <updateDate>2023-10-27T15:00:22Z</updateDate>
        </item>
        <item>
          <name>Securities</name>
          <updateDate>2023-10-27T15:00:22Z</updateDate>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>Finance and Financial Sector</name>
        <updateDate>2023-04-03T18:30:18Z</updateDate>
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    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2023-03-16</actionDate>
        <actionDesc>Introduced in Senate</actionDesc>
        <updateDate>2023-07-10T14:29:45Z</updateDate>
        <cdata>
          <text>&lt;p&gt;&lt;strong&gt;CDFI Bond Guarantee Program Improvement Act of 2023 &lt;/strong&gt;&lt;/p&gt; &lt;p&gt;This bill reauthorizes for four years and otherwise revises the Community Development Financial Institutions (CDFI) Bond Guarantee Program. Specifically, the bill (1) reduces the CDFI Bond Guarantee Program minimum issuance amount from $100 million to $25 million, (2) eliminates the cap on the annual number of guarantees, and (3) revises the amount to be held in a CDFI's relending account. &lt;/p&gt; &lt;p&gt;(CDFIs are financial institutions serving low-income communities. Designation as a CDFI allows an institution to participate in programs such as the CDFI Bond Guarantee Program. The program provides financing to CDFIs through federal credit subsidies that allow CDFIs to issue bonds.)&lt;/p&gt;</text>
        </cdata>
      </summary>
    </summaries>
    <title>CDFI Bond Guarantee Program Improvement Act of 2023</title>
    <titles>
      <item>
        <titleType>Display Title</titleType>
        <titleTypeCode>45</titleTypeCode>
        <title>CDFI Bond Guarantee Program Improvement Act of 2023</title>
        <updateDate>2024-07-24T15:23:18Z</updateDate>
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        <titleType>Short Title(s) as Introduced</titleType>
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        <title>CDFI Bond Guarantee Program Improvement Act of 2023</title>
        <updateDate>2024-05-24T13:41:37Z</updateDate>
        <billTextVersionName>Introduced in Senate</billTextVersionName>
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      <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 reauthorize and improve the community development financial institutions bond guarantee program, and for other purposes.</title>
        <updateDate>2023-04-01T03:28:45Z</updateDate>
        <billTextVersionName>Introduced in Senate</billTextVersionName>
        <billTextVersionCode>IS</billTextVersionCode>
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        <type>Introduced in Senate</type>
        <date>2023-03-16T04:00:00Z</date>
        <formats>
          <item>
            <url>https://www.govinfo.gov/content/pkg/BILLS-118s869is/xml/BILLS-118s869is.xml</url>
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    <latestAction>
      <actionDate>2024-02-01</actionDate>
      <text>Committee on Banking, Housing, and Urban Affairs. Hearings held.</text>
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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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