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H.R. 5315 116th Congress House

Expanding Opportunity for Minority Depository Institutions Act

Official title: To amend the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 to establish a Financial Agent Mentor-Protégé Program within the Department of the Treasury, and for other purposes.

Introduced: December 5, 2019 Introduced by: Joyce Beatty Democratic · Ohio See on congress.gov
Finance and Financial Sector Bank accounts, deposits, capitalCongressional oversightMinority and disadvantaged businesses
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This bill died when the 116th Congress ended
It never became law before the 116th Congress (2019–2020) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 12 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 14, 2020
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jan 13, 2020
Ms. Waters moved to suspend the rules and pass the bill, as amended.
Jan 13, 2020
Motion to reconsider laid on the table Agreed to without objection.
Jan 13, 2020
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H192)
Jan 13, 2020
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H192)
Jan 13, 2020
DEBATE - The House proceeded with forty minutes of debate on H.R. 5315.
Jan 13, 2020
Considered under suspension of the rules. (consideration: CR H192-194)
Dec 11, 2019
Ordered to be Reported (Amended) by the Yeas and Nays: 57 - 0.
Dec 11, 2019
Committee Consideration and Mark-up Session Held.
Dec 10, 2019
Committee Consideration and Mark-up Session Held.
Dec 5, 2019
Referred to the House Committee on Financial Services.
Dec 5, 2019
Introduced in House
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 Latest action January 14, 2020

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

 Plain-English summary Congressional Research Service

Expanding Opportunity for Minority Depository Institutions Act or the Expanding Opportunity for MDIs Act

This bill establishes the Financial Agent Mentor-Protégé Program within the Department of the Treasury. The program provides participating minority deposit institutions and small financial institutions with mentorship regarding becoming a financial agent for Treasury and improving service capacity.

 Related & companion bills 3
  • HR 7993 Promoting and Advancing Communities of Color through Inclusive Lending Act
  • S 4818 Heroes Small Business Lifeline Act
  • S 5065 Economic Justice Act
 Bill text 3 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 5
All 5 Democratic 3
D
Scott, David
Georgia · Dec 9, 2019
 D
Cleaver, Emanuel
Missouri · Dec 5, 2019
 D
Green, Al
Texas · Dec 5, 2019
Heck, Denny
· Dec 5, 2019
 D
Meeks, Gregory W.
New York · Dec 5, 2019
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 5315: Expanding Opportunity for Minority Depository Institutions Act. 116th Congress. Open America. https://openamerica.io/bill/116-HR-5315/
MLA
"H.R. 5315: Expanding Opportunity for Minority Depository Institutions Act." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-HR-5315/.
Bluebook (legal)
H.R. 5315, 116th Cong. (2026), https://openamerica.io/bill/116-HR-5315/.
Markdown link
[H.R. 5315: Expanding Opportunity for Minority Depository Institutions Act](https://openamerica.io/bill/116-HR-5315/)
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