US HB4590 | 2021-2022 | 117th Congress


Spectrum: Slight Partisan Bill (Democrat 4-2)
Status: Introduced on July 21 2021 - 25% progression
Action: 2022-01-20 - Placed on the Union Calendar, Calendar No. 163.
Text: Latest bill text (Introduced) [PDF]


Requires federal banking agencies to study and report on the challenges faced by entities attempting to become chartered depository institutions and to develop a strategic plan to assist in the application process. The strategic plan must (1) promote the chartering of minority depository institutions and entities that could be certified as community development financial institutions, and (2) describe actions to increase the number of depository institutions located in underserved areas.

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Promoting New and Diverse Depository Institutions Act



2022-01-20HousePlaced on the Union Calendar, Calendar No. 163.
2022-01-20HouseReported (Amended) by the Committee on Financial Services. H. Rept. 117-229.
2021-07-29HouseOrdered to be Reported in the Nature of a Substitute (Amended) by Voice Vote.
2021-07-29HouseCommittee Consideration and Mark-up Session Held.
2021-07-28HouseCommittee Consideration and Mark-up Session Held.
2021-07-21HouseReferred to the House Committee on Financial Services.
2021-07-21HouseIntroduced in House


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