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HR 7003 117th Congress House Finance and Financial Sector Banking and financial institutions regulation Economic development

Expanding Financial Access for Underserved Communities Act

Introduced: March 8, 2022 Introduced by: Waters, Maxine Democratic · California See on congress.gov
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This bill died when the 117th Congress ended
It never became law before the 117th Congress (2021–2022) 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 6 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 7, 2022
Placed on the Union Calendar, Calendar No. 265.
Jun 7, 2022
Reported (Amended) by the Committee on Financial Services. H. Rept. 117-351.
May 17, 2022
Ordered to be Reported in the Nature of a Substitute by the Yeas and Nays: 27 - 22.
May 17, 2022
Committee Consideration and Mark-up Session Held.
Mar 8, 2022
Referred to the House Committee on Financial Services.
Mar 8, 2022
Introduced in House
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 Plain-English summary Congressional Research Service

Expanding Financial Access for Underserved Communities Act

This bill eases credit union membership requirements to allow more access for persons in underserved areas. A credit union must, however, submit a business and marketing plan to the National Credit Union Administration explaining the credit union's ability and intent to serve such population.

The bill also excludes loans made to members in underserved areas from certain credit union limits on member business loans.

What's happening now June 7, 2022

Placed on the Union Calendar, Calendar No. 265.

 Related & companion bills 2
  • HR 2543 Related bill Financial Services Racial Equity, Inclusion, and Economic Justice Act
  • S 4879 Related bill Expanding Financial Access for Underserved Communities Act
 Bill text 2 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 2
All 2 Democratic 1
D
Scott, David
Georgia · Apr 14, 2022
Perlmutter, Ed
· Mar 8, 2022
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 7003: Expanding Financial Access for Underserved Communities Act. 117th Congress. Open America. https://openamerica.io/bill/117-HR-7003/
MLA
"H.R. 7003: Expanding Financial Access for Underserved Communities Act." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-HR-7003/.
Bluebook (legal)
H.R. 7003, 117th Cong. (2026), https://openamerica.io/bill/117-HR-7003/.
Markdown link
[H.R. 7003: Expanding Financial Access for Underserved Communities Act](https://openamerica.io/bill/117-HR-7003/)
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