summary
Introduced
07/23/2020
07/23/2020
In Committee
07/23/2020
07/23/2020
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
116th Congress
Bill Summary
A bill to provide supplemental appropriations to the Community Development Financial Institutions Fund, and for other purposes. This bill provides $1 billion in FY2020 supplemental appropriations to the Community Development Financial Institutions Fund for providing financial and technical assistance.
AI Summary
This bill provides $1 billion in supplemental appropriations to the Community Development Financial Institutions (CDFI) Fund for fiscal year 2020. The CDFI Fund is an organization that provides financial and technical assistance to community development financial institutions, which are specialized financial institutions that work in low-income communities. The bill allows the CDFI Fund to use these additional funds to provide financial and technical assistance, while waiving certain requirements that would normally apply to such assistance.
Committee Categories
Housing and Urban Affairs
Sponsors (12)
Bob Menendez (D)*,
Richard Blumenthal (D),
Dick Durbin (D),
Kirsten Gillibrand (D),
Mazie Hirono (D),
Amy Klobuchar (D),
Joe Manchin (I),
Ed Markey (D),
Brian Schatz (D),
Chris Van Hollen (D),
Elizabeth Warren (D),
Ron Wyden (D),
Last Action
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (on 07/23/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/116th-congress/senate-bill/4294/all-info |
| BillText | https://www.congress.gov/116/bills/s4294/BILLS-116s4294is.pdf |
| Bill | https://www.congress.gov/116/bills/s4294/BILLS-116s4294is.pdf.pdf |
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