summary
Introduced
03/29/2021
03/29/2021
In Committee
03/29/2021
03/29/2021
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
192nd 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 its community reinvestment goals and outcomes for the geographical business area it serves in its report, and to submit the report to each city and town in the Commonwealth in the form prescribed by the Commissioner. The purpose of this bill is to increase transparency and accountability around banks' community reinvestment efforts.
Committee Categories
Business and Industry
Sponsors (9)
Carlos González (D)*,
Brian Ashe (D),
Tackey Chan (D),
Marcos Devers (D),
Patrick Kearney (D),
Tram Nguyen (D),
Orlando Ramos (D),
Andy Vargas (D),
Bud Williams (D),
Last Action
Accompanied a study order, see H4976 (on 09/01/2022)
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://malegislature.gov/Bills/192/H1102 |
| Bill | https://malegislature.gov/Bills/192/H1102.pdf |
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