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United States · Bill · S

S. 4879 (117th)

Expanding Financial Access for Underserved Communities Act

referredUnited States· United States Congress· EN

Introduced

19 September 2022

Last action

19 September 2022 · Introduced

Status

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S4823)

Sponsors

Sen. Padilla, Alex [D-CA]

Subjects

Discovery layer

Source updated

14 January 2025

Summary

Expanding Financial Access for Underserved Communities Act This bill eases credit union membership requirements to allow more access for persons in underserved areas. A credit union must, however, submit a business and marketing plan to the National Credit Union Administration explaining the credit union's ability and intent to serve such population. The bill also excludes loans made to members in underserved areas from certain credit union limits on member business loans.

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

Timeline

  1. 19 September 2022

    Introduced

    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S4823)

    Source: IntroReferral

  2. 19 September 2022

    Introduced

    Introduced in Senate

    Source: IntroReferral

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 · 19 September 2022

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 19 September 2022

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 19 September 2022

    Open at official source

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Sponsors

Related records

Sources

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