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.

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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.

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
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