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S 2252 118th Congress Senate Finance and Financial Sector

Promoting New and Diverse Depository Institutions Act

Introduced: July 12, 2023 Introduced by: Kennedy, John Republican · Louisiana 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
Jul 12, 2023
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jul 12, 2023
Introduced in Senate
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 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.

What's happening now July 12, 2023

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

 Related & companion bills 1
  • HR 1533 Related bill 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 Democratic 3
D
Warnock, Raphael G.
Georgia · Jul 30, 2024
 D
Warren, Elizabeth
Massachusetts · Sep 5, 2023
 D
Smith, Tina
Minnesota · Jul 12, 2023
Cite this page click to expand
APA
U.S. Congress. (2026). S. 2252: Promoting New and Diverse Depository Institutions Act. 118th Congress. Open America. https://openamerica.io/bill/118-S-2252/
MLA
"S. 2252: Promoting New and Diverse Depository Institutions Act." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-S-2252/.
Bluebook (legal)
S. 2252, 118th Cong. (2026), https://openamerica.io/bill/118-S-2252/.
Markdown link
[S. 2252: Promoting New and Diverse Depository Institutions Act](https://openamerica.io/bill/118-S-2252/)
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