US HB3656 | 2013-2014 | 113th Congress
Status
Spectrum: Slight Partisan Bill (Democrat 4-2)
Status: Introduced on December 5 2013 - 25% progression, died in committee
Action: 2013-12-05 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on December 5 2013 - 25% progression, died in committee
Action: 2013-12-05 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]
Summary
The Small Business and Community Investments Expansion Act of 2013 - Amends the Federal Home Loan Bank Act to authorize Federal Home Loan Banks to make long-term secured advances to their members to provide funds to community development financial institutions. Requires a Bank, at the time of origination or renewal of a loan or advance, to obtain and maintain a security interest in collateral eligible pursuant to any secured loan for any community development financial institution.
Title
Small Business and Community Investments Expansion Act of 2013
Sponsors
| Rep. Keith Ellison [D-MN] | Rep. Matthew Cartwright [D-PA] | Rep. John Delaney [D-MD] | Rep. Carolyn Maloney [D-NY] |
| Rep. Erik Paulsen [R-MN] | Rep. Steve Stivers [R-OH] |
History
| Date | Chamber | Action |
|---|---|---|
| 2013-12-05 | House | Referred to the House Committee on Financial Services. |
Same As/Similar To
HB5055 (Related) 2014-07-10 - Referred to the House Committee on Financial Services.
Subjects
Bank accounts, deposits, capital
Banking and financial institutions regulation
Credit and credit markets
Finance and financial sector
Housing and community development funding
Banking and financial institutions regulation
Credit and credit markets
Finance and financial sector
Housing and community development funding
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/113th-congress/house-bill/3656/all-info |
| Text | https://www.congress.gov/113/bills/hr3656/BILLS-113hr3656ih.pdf |
