HR 3952 · 108th Congress · Finance and Financial Sector

Promoting Community Investment Act of 2004

Introduced 2004-03-11· Sponsored by Rep. Hensarling, Jeb [R-TX-5]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Financial Institutions and Consumer Credit.(2004-03-29)

Plain Language Summary

[AI summary unavailable — showing source text] Promoting Community Investment Act of 2004 - Amends the Community Reinvestment Act of 1977 to increase from $250 million to $1 billion the aggregate asset size of small regulated financial institutions eligible for certain regulatory relief. Sets a deadline for the Federal financial supervisory agencies to prescribe jointly the amount by which such aggregate asset size limit shall be adjusted annually for inflation.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (14)

14 Republicans