House Bill 7733
117th Congress(2021-2022)
CDFI Bond Guarantee Program Improvement Act of 2022
Active
Passed House on Jul 27, 2022
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
7733
Congress
117
Policy Area
Finance and Financial Sector
Finance and Financial Sector
Primary focus of measure is U.S. banking and financial institutions regulation; consumer credit; bankruptcy and debt collection; financial services and investments; insurance; securities; real estate transactions; currency. Measures concerning financial crimes may fall under Crime and Law Enforcement. Measures concerning business and corporate finance may fall under Commerce policy area. Measures concerning international banking may fall under Foreign Trade and International Finance policy area.
No House votes have been held for this bill.
Summary
CDFI Bond Guarantee Program Improvement Act of 2022
This bill permanently reauthorizes and otherwise revises the Community Development Financial Institutions (CDFI) Bond Guarantee Program. Specifically, the bill (1) reduces the CDFI Bond Guarantee Program minimum issuance amount from $100 million to $25 million, and (2) revises the amount to be held in a CDFI's relending account.
(CDFIs are financial institutions serving low-income communities. Designation as a CDFI allows an institution to participate in programs such as the CDFI Bond Guarantee Program. The program provides financing to CDFIs through federal credit subsidies that allow CDFIs to issue bonds.)
July 28, 2022
July 27, 2022
June 7, 2022
May 12, 2022
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07/28/2022
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
07/27/2022
Pursuant to section 5 of H. Res. 1254, and the motion offered by Mr. Kildee, the following bills passed under suspension of the rules: H.R. 623, as amended; H.R. 3952, as amended; H.R. 3962, as amended; H.R. 4551; H.R. 5313, as amended; H.R. 6933; H.R. 7132, as amended; H.R. 7361; H.R. 7569; H.R. 7624, as amended; H.R. 7733, as amended; and H.R. 7981, as amended. (consideration: CR H7197-7211, H7219-7220, H7223-7237; text: 07/26/2022 CR H7127)
07/27/2022
Passed/agreed to in House: Pursuant to section 5 of H. Res. 1254, and the motion offered by Mr. Kildee, the following bills passed under suspension of the rules: H.R. 623, as amended; H.R. 3952, as amended; H.R. 3962, as amended; H.R. 4551; H.R. 5313, as amended; H.R. 6933; H.R. 7132, as amended; H.R. 7361; H.R. 7569; H.R. 7624, as amended; H.R. 7733, as amended; and H.R. 7981, as amended.(consideration: CR H7197-7211, H7219-7220, H7223-7237; text: 07/26/2022 CR H7127)
07/27/2022
Pursuant to the provisions of H. Res. 1254, proceedings on H.R. 7733 are considered vacated.
07/26/2022
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
07/26/2022
DEBATE - The House proceeded with forty minutes of debate on H.R. 7733.
07/26/2022
Considered under suspension of the rules. (consideration: CR H7127-7128)
07/26/2022
Ms. Waters moved to suspend the rules and pass the bill, as amended.
06/07/2022
Placed on the Union Calendar, Calendar No. 266.
06/07/2022
Reported (Amended) by the Committee on Financial Services. H. Rept. 117-352.
05/17/2022
Ordered to be Reported in the Nature of a Substitute (Amended) by Voice Vote.
05/17/2022
Committee Consideration and Mark-up Session Held.
05/12/2022
Referred to the House Committee on Financial Services.
05/12/2022
Introduced in House
Public Record
Record Updated
Dec 5, 2023 10:26:21 AM