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HR 7733 117th Congress House Finance and Financial Sector Banking and financial institutions regulation Business investment and capital Community Development Financial Institutions Fund Community life and organization Congressional oversight Credit and credit markets Government information and archives Government lending and loan guarantees Government studies and investigations Housing and community development funding Securities

CDFI Bond Guarantee Program Improvement Act of 2022

Introduced: May 12, 2022 Introduced by: Cleaver, Emanuel Democratic · Missouri See on congress.gov
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 Everywhere this bill has been 14 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 28, 2022
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jul 27, 2022
Pursuant to section 5 of H. Res. 1254, and the motion offered by Mr. Kildee, the following bills passed under suspension of the rules: H.R. 623, as amended; H.R. 3952, as amended; H.R. 3962, as amended; H.R. 4551; H.R. 5313, as amended; H.R. 6933; H.R. 7132, as amended; H.R. 7361; H.R. 7569; H.R. 7624, as amended; H.R. 7733, as amended; and H.R. 7981, as amended. (consideration: CR H7197-7211, H7219-7220, H7223-7237; text: 07/26/2022 CR H7127)
Jul 27, 2022
Passed/agreed to in House: Pursuant to section 5 of H. Res. 1254, and the motion offered by Mr. Kildee, the following bills passed under suspension of the rules: H.R. 623, as amended; H.R. 3952, as amended; H.R. 3962, as amended; H.R. 4551; H.R. 5313, as amended; H.R. 6933; H.R. 7132, as amended; H.R. 7361; H.R. 7569; H.R. 7624, as amended; H.R. 7733, as amended; and H.R. 7981, as amended.(consideration: CR H7197-7211, H7219-7220, H7223-7237; text: 07/26/2022 CR H7127)
Jul 27, 2022
Pursuant to the provisions of H. Res. 1254, proceedings on H.R. 7733 are considered vacated.
Jul 26, 2022
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
Jul 26, 2022
DEBATE - The House proceeded with forty minutes of debate on H.R. 7733.
Jul 26, 2022
Considered under suspension of the rules. (consideration: CR H7127-7128)
Jul 26, 2022
Ms. Waters moved to suspend the rules and pass the bill, as amended.
Jun 7, 2022
Placed on the Union Calendar, Calendar No. 266.
Jun 7, 2022
Reported (Amended) by the Committee on Financial Services. H. Rept. 117-352.
May 17, 2022
Ordered to be Reported in the Nature of a Substitute (Amended) by Voice Vote.
May 17, 2022
Committee Consideration and Mark-up Session Held.
May 12, 2022
Referred to the House Committee on Financial Services.
May 12, 2022
Introduced in House
 Plain-English summary Congressional Research Service

CDFI Bond Guarantee Program Improvement Act of 2022

This bill reauthorizes for four years and otherwise revises the Community Development Financial Institutions (CDFI) Bond Guarantee Program. Specifically, the bill (1) reduces the CDFI Bond Guarantee Program minimum issuance amount from $100 million to $25 million, and (2) revises the amount to be held in a CDFI's relending account.

(CDFIs are financial institutions serving low-income communities. Designation as a CDFI allows an institution to participate in programs such as the CDFI Bond Guarantee Program. The program provides financing to CDFIs through federal credit subsidies that allow CDFIs to issue bonds.)

What's happening now July 28, 2022

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

 Committees of jurisdiction 2