H.R.3952: Promoting Community Investment Act of 2004

About This Bill

  • This bill was introduced in the 108th Congress
  • This bill is primarily about congress
  • Introduced March 11, 2004
  • Latest Major Action March 29, 2004

Bill Summary

Promoting Community Investment Act of 2004 - Amends the Community Reinvestment Act of 1977 to increase from $250 million to $1 billion the aggregate asset size of small regulated financial institutions eligible for certain regulatory relief. Sets a deadline for the Federal financial supervisory agencies to prescribe jointly the amount by which such aggregate asset size limit shall be adjusted annually for inflation.

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Financial Services.
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
March 11, 2004

Introduced in the House by Jeb Hensarling (R-Texas)

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