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S2718Referred to Committee

A bill to amend the Community Development Banking and Financial Institutions Act of 1994 to provide for capitalization assistance to enhance liquidity.

Share:
Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2025-09-04
Introduced
6
Cosponsors
S
ⓘ
Type

Sponsor

Mark R. Warner
Mark R. Warner
Democrat · VA · Senator
Votes with party: 53.0% (317 recorded votes)

Full profile: /officials/W000805

Source: Congress.gov · FEC

Cosponsors (6)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

  • Cindy Hyde-Smith (R-MS)Original· 2025-09-04
  • Cynthia M. Lummis (R-WY)Original· 2025-09-04
  • Gary C. Peters (D-MI)Original· 2025-09-04
  • Mike Crapo (R-ID)Original· 2025-09-04
  • Tina Smith (D-MN)Original· 2025-09-04
  • Steve Daines (R-MT)· 2025-09-09

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

2025-09-04

Source: Congress.gov

Plain-English Summary

This bill would give more money to community development banks and financial institutions that serve low-income areas and underserved communities, helping them have more cash available to lend to small businesses and residents who might otherwise struggle to get loans. By boosting these institutions' financial resources, the bill aims to increase lending and investment in neighborhoods that traditional banks often overlook. The measure targets financial institutions that focus on community development rather than maximizing profits for shareholders.

AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.

Subjects

Finance and Financial Sector
Full bill text is not yet cached locally.
Open text viewRead on Congress.gov

Related legislation

Bills by the same sponsor or covering overlapping subjects.

  • S4623A bill to designate the facility of the United States Postal Service located at 12109 New Kent Highway in New Kent, Virginia, as the "Patricia Paige Post Office".
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  • S4585Discount Window Preparedness Act
    Referred to Committee · 2026-05-20
  • SJRES135A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Bureau of Consumer Financial Protection relating to the withdrawal of the rule relating to "Consumer Financial Protection Circular 2024-04: Whistleblower Protections Under CFPA Section 1057".
    Referred to Committee · 2026-05-13
  • S4476Workforce Transparency Act of 2026
    Referred to Committee · 2026-04-30