Bill Sponsor
House Bill 4590
117th Congress(2021-2022)
Promoting New and Diverse Depository Institutions Act
Active
Active
Passed House on Jul 26, 2022
Overview
Text
Introduced
Jul 21, 2021
Latest Action
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
4590
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.
Sponsorship by Party
Democrat
Massachusetts
Democrat
Michigan
Republican
North Carolina
House Votes (1)
Senate Votes (0)
checkPassed on July 26, 2022
Status
Passed
Type
Voice Vote
Voice Vote
A vote in which the presiding officer states the question, then asks those in favor and against to say "Yea" or "Nay," respectively, and announces the result according to his or her judgment. The names or numbers of senators voting on each side are not recorded.
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H7150-7151)
Summary

Promoting New and Diverse Depository Institutions Act

This bill requires federal banking agencies to study the challenges faced by entities attempting to become chartered depository institutions and to develop a strategic plan to assist in the application process. The strategic plan must (1) promote the chartering of minority depository institutions and entities that could be certified as community development financial institutions, and (2) describe actions to increase the number of depository institutions located in underserved areas.

Text (4)
July 27, 2022
July 26, 2022
January 20, 2022
July 21, 2021
Actions (14)
07/27/2022
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
07/26/2022
Motion to reconsider laid on the table Agreed to without objection.
07/26/2022
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H7150-7151)
07/26/2022
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H7150-7151)
07/26/2022
DEBATE - The House proceeded with forty minutes of debate on H.R. 4590.
07/26/2022
Considered under suspension of the rules. (consideration: CR H7150-7152)
07/26/2022
Ms. Waters moved to suspend the rules and pass the bill, as amended.
01/20/2022
Placed on the Union Calendar, Calendar No. 163.
01/20/2022
Reported (Amended) by the Committee on Financial Services. H. Rept. 117-229.
07/29/2021
Ordered to be Reported in the Nature of a Substitute (Amended) by Voice Vote.
07/29/2021
Committee Consideration and Mark-up Session Held.
07/28/2021
Committee Consideration and Mark-up Session Held.
07/21/2021
Referred to the House Committee on Financial Services.
07/21/2021
Introduced in House
Public Record
Record Updated
Mar 8, 2023 8:26:28 PM