S3940Referred to Committee

Access to Fair Financing for Opportunity and Resilient Development Act

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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2026-02-26
Introduced
35
Cosponsors
S
ⓘ
Type

Sponsor

Steve Daines
Steve Daines
Republican · MT · Senator
Votes with party: 34.4% (314 recorded votes)

Full profile: /officials/D000618

Source: Congress.gov · FEC

Cosponsors (35)

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

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.

2026-02-26

Source: Congress.gov

Committee Activity

Currently in

Previously

Plain-English Summary

This bill would likely expand access to credit and financial services for individuals and small businesses that have difficulty obtaining traditional loans, possibly through new lending programs or requirements for banks to serve underserved communities. The legislation appears aimed at helping lower-income Americans and entrepreneurs build financial stability and grow their businesses by making it easier to access fair financing options. It would primarily affect banks, lending institutions, and consumers seeking credit in underserved areas.

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
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Related legislation

Bills by the same sponsor or covering overlapping subjects.