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United States · Bill · S

S. 1442 (118th)

Scaling Community Lenders Act of 2023

openUnited States· United States Congress· EN

Introduced

4 May 2023

Last action

12 March 2024 · Committee

Status

Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 118-548.

Sponsors

Sen. Warner, Mark R. [D-VA], Sen. Crapo, Mike [R-ID], Sen. Peters, Gary C. [D-MI], Sen. Lummis, Cynthia M. [R-WY], Sen. Hyde-Smith, Cindy [R-MS], Sen. Smith, Tina [D-MN]

Subjects

Discovery layer

Source updated

30 May 2026

Official sourceDownload fileView documentsShare

Summary

Scaling Community Lenders Act of 2023 This bill allows the Community Development Financial Institutions Fund to provide funds for guarantees, loan loss reserves, or other forms of credit to promote liquidity for Community Development Financial Institutions. The bill also removes matching requirements, establishes eligibility requirements and projects prioritization, and increases the cap on the allowed assistance available to an organization. The bill also allows the Emergency Capital Investment Fund to provide assistance for these purposes.

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

Timeline

  1. 4 May 2023

    Introduced

    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    Source: IntroReferral

  2. 4 May 2023

    Introduced

    Introduced in Senate

    Source: IntroReferral

  3. 12 March 2024

    Committee

    Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 118-548.

    Source: Committee

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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Leesvertaling

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 4 May 2023

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 4 May 2023

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 4 May 2023

    Open at official source

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Sponsors

Related records

No cross-record relationships stored yet.

Sources

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