Community Investment and Prosperity Act

Hozzl · 2025-08-09T03:38:25Z

Explore the details of Senate Bill 2464 Community Investment and Prosperity Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on undefined. Stay informed on legislative developments.

8/9/2025, 3:38 AM

Summary of Bill S 2464

This bill, introduced in the 119th Congress, is focused on empowering the Comptroller of the Currency and the Board of Governors of the Federal Reserve System to expand the total investments allowed for national banking associations and State member banks in order to support public welfare initiatives. Additionally, the bill likely includes provisions related to regulating these increased investments and may aim to outline specific guidelines or restrictions for their utilization.

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Current Status of Bill S 2464

Bill S 2464 is currently in the status of Bill Introduced since July 24, 2025. Bill S 2464 was introduced during Congress 119 and was introduced to the Senate on July 24, 2025. Bill S 2464's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of July 24, 2025

Bipartisan Support of Bill S 2464

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Policy Area and Potential Impact of Bill S 2464

Primary Policy Focus

Alternate Title(s) of Bill S 2464

A bill to allow the Comptroller of the Currency and the Board of Governors of the Federal Reserve System to increase the aggregate amount of investments that a national banking association and a State member bank may make to promote the public welfare, and for other purposes.