118th Congress Finance and Financial Sector
S. 1442: Scaling Community Lenders Act of 2023
Introduced
- Introduced (completed)
- Passed Senate (not reached)
- Passed House (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
This bill allows the Community Development Financial Institutions Fund to provide funds for guarantees, loan loss reserves, or other forms of credit to promote liquidity for Community Development Financial Institutions. The bill also removes matching requirements, establishes eligibility requirements and projects prioritization, and increases the cap on the allowed assistance available to an organization.
The bill also allows the Emergency Capital Investment Fund to provide assistance for these purposes.
Written by the Congressional Research Service, Library of Congress.
Roll calls
No roll call votes have been held on this bill.
Amendments
No amendments were offered to this bill.
Cosponsors
- Michael Crapo R-IDOriginal
- Cynthia Lummis R-WY
- Gary Peters D-MI
- Cindy Hyde-Smith R-MS
- Tina Smith D-MN
Who scored on this bill
- 1Mark Warner SponsorDrew cross-party cosponsors, introduced2 events+6
See all scorers and every scoring event
Introductions and cosponsorships count toward weekly caps and show no points.
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History
- Introduced in the Senate by Mark Warner.
Show the full action history (3 actions)
- Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 118-548.
- Introduced in Senate
- Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.