S 3774
116th Congress
Senate
Finance and Financial Sector
Bank accounts, deposits, capital
Banking and financial institutions regulation
Business investment and capital
Community life and organization
Government lending and loan guarantees
Minority and disadvantaged businesses
Securities
Small business
A bill to amend the CARES Act to establish a Community Capital Investment Program, and for other purposes.
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 20, 2020
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
May 20, 2020
Introduced in Senate
Plain-English summary
This bill establishes the Community Capital Investment Program to provide capital investments and interest-free loans to community development financial institutions, minority depository institutions, and certain small credit unions and banks to support low-income borrowers.
What's happening now
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Committees of jurisdiction
1