summary
Introduced
01/23/2017
01/23/2017
In Committee
01/23/2017
01/23/2017
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
190th General Court
Bill Summary
For legislation to require banks to include community reinvestment goals in annual reports to the Commissioner of the Division of Banks. Financial Services.
AI Summary
This bill requires banks to include their community reinvestment goals and outcomes in their annual reports to the Commissioner of the Division of Banks. The report must be submitted to each city and town in the Commonwealth in the form prescribed by the Commissioner. This aims to increase transparency and accountability around banks' efforts to support the communities they serve.
Committee Categories
Business and Industry
Sponsors (15)
Evandro Carvalho (D),
Tackey Chan (D),
Linda Forry (D),
Sean Garballey (D),
Carlos González (D),
Paul Heroux (D),
Russell Holmes (D),
Peter Kocot (D),
Denise Provost (D),
Dave Rogers (D),
John Rogers (D),
Byron Rushing (D),
Danny Ryan (D),
José Tosado (D),
Bud Williams (D),
Last Action
Accompanied a study order, see H4778 (on 07/18/2018)
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/190/H533 |
| Bill | https://malegislature.gov/Bills/190/H533.pdf |
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