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S. 3774

Referred to Committee

A bill to amend the CARES Act to establish a Community Capital Investment Program, and for other purposes.

Introduced 5/20/2020•116th Congress•Senate

Latest Action

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

5/20/2020 • Senate

Summary

This bill establishes the Community Capital Investment Program to provide capital investments and interest-free loans to community development financial institutions, minority depository institutions, and certain small credit unions and banks to support low-income borrowers.

Introduced in Senate • 5/20/2020

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Topics & Subjects

Bank accounts, deposits, capitalBanking and financial institutions regulationBusiness investment and capitalCommunity life and organizationGovernment lending and loan guaranteesMinority and disadvantaged businessesSecuritiesSmall business

Congressional Votes (0)

No recorded votes yet

Roll call votes will appear here as the bill moves through Congress

Related Federal Spending

Sponsor & Cosponsors (1)

Sponsor

S[
Sen. Peters, Gary C. [D-MI]

Democrat • MI

Sponsored 5/20/2020

No cosponsors yet

Cosponsors may be added as the bill moves through Congress

Bill Journey

Originated in the Senate

Introduced

May 20, 2020

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

Committee Review

Floor Debate

Passed Chamber

Other Chamber

President

Enacted into Law

Text Versions (1)

Introduced in Senate5/20/2020

Details

Bill TypeS
Current StatusReferred to Committee
Cosponsors0