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MA H993

Relative to community reinvestment goals for banks


summary

Introduced
01/22/2019
In Committee
01/22/2019
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

191st General Court

Bill Summary

Relative to community reinvestment goals for banks. Financial Services.

AI Summary

This bill amends Section 13 of Chapter 167 of the General Laws to require each supervised bank to include in its report its community reinvestment goals and outcomes for the geographical business area it serves, as set forth in Section 14. The report must be submitted to each city and town in the Commonwealth in the form prescribed by the Commissioner.

Committee Categories

Business and Industry

Sponsors (22)

Last Action

Accompanied a study order, see H5160 (on 12/01/2020)

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