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HR 7338 118th Congress House Finance and Financial Sector

Rural Credit Access Act of 2024

Introduced: November 13, 2024 Introduced by: Nunn, Zachary Republican · Iowa See on congress.gov
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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
Feb 13, 2024
Referred to the House Committee on Financial Services.
Feb 13, 2024
Introduced in House
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 Plain-English summary Congressional Research Service

Rural Credit Access Act of 2024

This bill establishes an Office of the Community Development Advocate in the Community Development Financial Institutions Fund. The fund supports Community Development Financial Institutions (CDFIs), which provide financial services to low-income and underserved communities.

The office must ensure the safety and affordability of products and services provided by CDFIs to target populations and investment areas. The office must also collect and address complaints from financial institutions, facilitate coordination between the fund and federal banking agencies, and ensure institutions have access to technical assistance.

The bill also requires the establishment of a process for revoking a CDFI’s certification.

What's happening now February 13, 2024

Referred to the House Committee on Financial Services.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 3
All 3 Democratic 1 Republican 1
Manning, Kathy
· Nov 13, 2024
 R
Edwards, Chuck
North Carolina · Mar 11, 2024
 D
Davis, Donald G.
North Carolina · Feb 13, 2024
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 7338: Rural Credit Access Act of 2024. 118th Congress. Open America. https://openamerica.io/bill/118-HR-7338/
MLA
"H.R. 7338: Rural Credit Access Act of 2024." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-HR-7338/.
Bluebook (legal)
H.R. 7338, 118th Cong. (2026), https://openamerica.io/bill/118-HR-7338/.
Markdown link
[H.R. 7338: Rural Credit Access Act of 2024](https://openamerica.io/bill/118-HR-7338/)
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