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- S.1822
S.1822: Bank On Our Communities Act of 2009
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about finance and financial sector
- Introduced Oct. 21, 2009
- Latest Major Action Oct. 21, 2009
Bill Sponsor
Bill Cosponsors
8 (All Democrats)
Bill Summary
Bank On Our Communities Act of 2009 - Amends the Emergency Economic Stabilization Act of 2008 (EESA) to provide that the needs and viability of insured depository institutions with total assets of less than $5 billion (small financial institutions) may be taken into account by the Secretary of the Treasury when exercising authority under EESA. Establishes within the Treasury the Community Credit Renewal Fund to provide up to $15 billion in...
(Source: Library of Congress)
Bill Actions
| Date | Description |
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Sponsor introductory remarks on measure.
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Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
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| Oct. 21, 2009 |
Introduced in the Senate by Jeff Merkley (D-Ore.) |