0
0
0
Small Business and Community Investments Expansion Act of 2020
2/8/2022, 11:17 PM
Congressional Summary of HR 5612
Small Business and Community Investments Expansion Act of 2020
This bill allows a Federal Home Loan Bank to make long-term advances to certain community development financial institutions and insured credit unions for activities related to small businesses, small farms, small agri-businesses, and community development. Currently, only certain community development financial institutions may qualify for these advances.
Read the Full Bill
Current Status of Bill HR 5612
Bill HR 5612 is currently in the status of Bill Introduced since January 15, 2020. Bill HR 5612 was introduced during Congress 116 and was introduced to the House on January 15, 2020. Bill HR 5612's most recent activity was Referred to the House Committee on Financial Services. as of January 15, 2020
Bipartisan Support of Bill HR 5612
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 5612
Primary Policy Focus
Finance and Financial SectorPotential Impact Areas
- Bank accounts, deposits, capital
- Banking and financial institutions regulation
- Credit and credit markets
- Housing and community development funding
Alternate Title(s) of Bill HR 5612
Small Business and Community Investments Expansion Act of 2020
To amend the Federal Home Loan Bank Act to allow for advances to certain community development financial institutions and credit unions, and for other purposes.
Small Business and Community Investments Expansion Act of 2020
Comments
Sponsors and Cosponsors of HR 5612
Latest Bills
ELO Realignment and Strategic Engagement Reform Act of 2026
Bill HR 7574February 14, 2026
Farm, Food, and National Security Act of 2026
Bill HR 7567February 14, 2026
Expressing the condolences of the House of Representatives and honoring the memory of the victims of the mass shooting in Aurora, Illinois, on February 15, 2019.
Bill HRES 1066February 14, 2026
Condemning and censuring President Donald Trump.
Bill HRES 1065February 14, 2026
To amend the Internal Revenue Code of 1986 to exclude automobiles from being treated as collectibles for purposes of capital gains tax, and for other purposes.
Bill HR 7582February 14, 2026
To allow Americans to earn paid sick time so that they can address their own health needs and the health needs of their families.
Bill HR 7531February 14, 2026
To address the needs of workers in industries likely to be impacted by rapidly evolving technologies.
Bill HR 7585February 14, 2026
To amend the Food, Conservation, and Energy Act of 2008 with respect to the Gus Schumacher Nutrition Incentive Program and the sustainability of such program, and for other purposes.
Bill HR 7571February 14, 2026
Supporting the goals and ideals of "Career and Technical Education Month".
Bill HRES 1063February 14, 2026
To prevent discrimination, including harassment, in employment.
Bill HR 7583February 14, 2026