Small Business and Community Investments Expansion Act of 2020
United States116th CongressHR-5612House of Representatives
Updated: Jan 15, 2020
Summary
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.
Bill texts
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Timeline
Referred to the House Committee on Financial Services.
House of Representatives
Introduced in House
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