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Small Business and Community Investments Expansion Act of 2020

USA116th CongressHR-5612| House 
| Updated: 1/15/2020
Tulsi Gabbard

Tulsi Gabbard

Democratic Representative

Hawaii

Financial Services Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Small Business and Community Investments Expansion Act of 2020 This bill allows a Federal Home Loan Bank to make long-term advances to certain community development financial institutions and insured credit unions for activities related to small businesses, small farms, small agri-businesses, and community development. Currently, only certain community development financial institutions may qualify for these advances.
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Timeline
Jan 15, 2020
Introduced in House
Jan 15, 2020
Referred to the House Committee on Financial Services.
  • January 15, 2020
    Introduced in House
  • January 15, 2020
    Referred to the House Committee on Financial Services.

Finance and Financial Sector

Bank accounts, deposits, capitalBanking and financial institutions regulationCredit and credit marketsHousing and community development funding

Small Business and Community Investments Expansion Act of 2020

USA116th CongressHR-5612| House 
| Updated: 1/15/2020
Small Business and Community Investments Expansion Act of 2020 This bill allows a Federal Home Loan Bank to make long-term advances to certain community development financial institutions and insured credit unions for activities related to small businesses, small farms, small agri-businesses, and community development. Currently, only certain community development financial institutions may qualify for these advances.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jan 15, 2020
Introduced in House
Jan 15, 2020
Referred to the House Committee on Financial Services.
  • January 15, 2020
    Introduced in House
  • January 15, 2020
    Referred to the House Committee on Financial Services.
Tulsi Gabbard

Tulsi Gabbard

Democratic Representative

Hawaii

Financial Services Committee

Finance and Financial Sector

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Bank accounts, deposits, capitalBanking and financial institutions regulationCredit and credit marketsHousing and community development funding