Community Reinvestment Improvement Act of 1990

Summary

Community Reinvestment Improvement Act of 1990 - Amends the Community Reinvestment Act of 1977 to state that when a Federal banking agency evaluates the deposit facility application of an insured depository institution it must take into account its most recent evaluation of the institution's record of meeting the credit needs of its entire community, including low- and moderate-income neighborhoods. Cites circumstances under which a satisfactory record of meeting such community credit needs will result in exemption from further assessment for a two-year period. Prescribes guidelines for evaluating a record of meeting the credit needs of the entire community.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

No timeline events have been ingested for this record yet.

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

2 official files

• Introduced in House (text)

  Introduced in House · EN

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 21 November 1989

  Open at official source

Sponsors

No sponsors or actors listed by the source.

Related records

No cross-record relationships stored yet.