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S. 4532 117th Congress Senate

Strengthening Community Business Development Act

Official title: A bill to amend the Community Reinvestment Act of 1977 to provide financial institutions with credit for providing community business development referrals or resources, and for other purposes.

Introduced: July 14, 2022 Introduced by: Margaret Wood Hassan Democratic · New Hampshire See on congress.gov
Finance and Financial Sector
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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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 14, 2022
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jul 14, 2022
Introduced in Senate
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 Latest action July 14, 2022

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

 Plain-English summary Congressional Research Service

Strengthening Community Business Development Act

This bill expands the factors allowed to be considered by a supervising agency when evaluating a financial institution's compliance with community reinvestment standards. Specifically, the bill allows a supervising agency to consider the efforts of a financial institution that deny business loans to low- and moderate-income borrowers to refer these borrowers to community business development organizations or to provide these borrowers directly with business development resources.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). S. 4532: Strengthening Community Business Development Act. 117th Congress. Open America. https://openamerica.io/bill/117-S-4532/
MLA
"S. 4532: Strengthening Community Business Development Act." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-S-4532/.
Bluebook (legal)
S. 4532, 117th Cong. (2026), https://openamerica.io/bill/117-S-4532/.
Markdown link
[S. 4532: Strengthening Community Business Development Act](https://openamerica.io/bill/117-S-4532/)
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