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HR 7483 118th Congress House Finance and Financial Sector

Expanding Opportunity for MDIs Act

Introduced: February 29, 2024 Introduced by: Beatty, Joyce Democratic · Ohio See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 29, 2024
Referred to the House Committee on Financial Services.
Feb 29, 2024
Introduced in House
 Plain-English summary Congressional Research Service

Expanding Opportunity for Minority Depository Institutions Act or the Expanding Opportunity for MDIs Act

This bill establishes the Financial Agent Mentor-Protégé Program within the Department of the Treasury. The program provides participating minority deposit institutions and small financial institutions with mentorship from large financial institutions or from financial agents designated by Treasury. This mentorship prepares protégé institutions to improve service capacity or to perform as financial agents for the federal government. 

What's happening now February 29, 2024

Referred to the House Committee on Financial Services.

 Committees of jurisdiction 1