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H.R. 1533 118th Congress House

Promoting New and Diverse Depository Institutions Act

Official title: To require the Federal banking regulators to jointly conduct a study and develop a strategic plan to address challenges faced by proposed depository institutio… Show full official titleShow less

Official title: To require the Federal banking regulators to jointly conduct a study and develop a strategic plan to address challenges faced by proposed depository institutions seeking de novo depository institution charters; and for other purposes.

Introduced: March 10, 2023 Introduced by: Jake Auchincloss Democratic · Massachusetts See on congress.gov
Finance and Financial Sector
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This bill died when the 118th Congress ended
It never became law before the 118th Congress (2023–2024) 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
Mar 10, 2023
Referred to the House Committee on Financial Services.
Mar 10, 2023
Introduced in House
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 Latest action March 10, 2023

Referred to the House Committee on Financial Services.

 Plain-English summary Congressional Research Service

Promoting New and Diverse Depository Institutions Act

This bill requires federal banking agencies to study and report on the challenges faced by entities attempting to become chartered depository institutions and to develop a strategic plan to assist in the application process. The strategic plan must (1) promote the chartering of minority depository institutions and entities that could be certified as community development financial institutions, and (2) describe actions to increase the number of depository institutions located in underserved areas.

 Related & companion bills 1
  • S 2252 Promoting New and Diverse Depository Institutions Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 3
All 3 Republican 1
R
Fitzpatrick, Brian K.
Pennsylvania · Aug 16, 2024
Molinaro, Marcus
· Dec 26, 2023
McHenry, Patrick
· Mar 10, 2023
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1533: Promoting New and Diverse Depository Institutions Act. 118th Congress. Open America. https://openamerica.io/bill/118-HR-1533/
MLA
"H.R. 1533: Promoting New and Diverse Depository Institutions Act." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-HR-1533/.
Bluebook (legal)
H.R. 1533, 118th Cong. (2026), https://openamerica.io/bill/118-HR-1533/.
Markdown link
[H.R. 1533: Promoting New and Diverse Depository Institutions Act](https://openamerica.io/bill/118-HR-1533/)
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