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Expanding Opportunity for MDIs Act
10/28/2022, 1:46 AM
Congressional Summary of HR 5315
Expanding Opportunity for Minority Depository Institutions Act or the Expanding Opportunity for MDIs Act
This bill establishes the Financial Agent Mentor-Protégé Program within the Department of the Treasury. The program provides participating minority deposit institutions and small financial institutions with mentorship regarding becoming a financial agent for Treasury and improving service capacity.
Read the Full Bill
Current Status of Bill HR 5315
Bill HR 5315 is currently in the status of Bill Introduced since December 5, 2019. Bill HR 5315 was introduced during Congress 116 and was introduced to the House on December 5, 2019. Bill HR 5315's most recent activity was Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of January 14, 2020
Bipartisan Support of Bill HR 5315
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
5Democrat Cosponsors
5Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 5315
Primary Policy Focus
Finance and Financial SectorPotential Impact Areas
- Bank accounts, deposits, capital
- Congressional oversight
- Minority and disadvantaged businesses
Alternate Title(s) of Bill HR 5315
Expanding Opportunity for MDIs
Act
Expanding Opportunity for Minority Depository Institutions Act
To amend the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 to establish a Financial Agent Mentor-Protégé Program within the Department of the Treasury, and for other purposes.
Expanding Opportunity for MDIs
Act
Expanding Opportunity for Minority
Depository Institutions Act
Expanding Opportunity for Minority Depository Institutions (MDIs) Act
Comments
Sponsors and Cosponsors of HR 5315
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