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- S.4879
S.4879: Expanding Financial Access for Underserved Communities Act
About This Bill
- Introduced Sept. 19, 2022
- Latest Major Action Sept. 19, 2022
Bill Sponsor
Bill Version
- Introduced in Senate - Sept. 19, 2022
Bill Summary
Expanding Financial Access for Underserved Communities Act This bill eases credit union membership requirements to allow more access for persons in underserved areas. A credit union must, however, submit a business and marketing plan to the National Credit Union Administration explaining the credit union's ability and intent to serve such population. The bill also excludes loans made to members in underserved areas from certain credit union...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| Sept. 19, 2022 |
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
|
| Sept. 19, 2022 |
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S4823)
|
| Sept. 19, 2022 |
Introduced in the Senate by Alex Padilla (D-Calif.) |