summary
Introduced
02/16/2023
02/16/2023
In Committee
02/16/2023
02/16/2023
Crossed Over
Passed
Dead
12/31/2024
12/31/2024
Introduced Session
193rd General Court
Bill Summary
Relative to community reinvestment goals for banks. Financial Services.
AI Summary
This bill amends the first paragraph of Section 13 of Chapter 167 of the General Laws to require that each report submitted by banks on their community reinvestment goals include the goals outlined in their strategic plan and their most recent rating from the commissioner, as required under regulation 209 CMR 46.00. This aims to provide more transparency and accountability around banks' community reinvestment efforts and performance.
Committee Categories
Business and Industry
Sponsors (3)
Last Action
Accompanied a study order, see H4705 (on 06/03/2024)
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/193/H1028 |
| BillText | https://malegislature.gov/Bills/193/H1028.pdf |
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