HR 2403 · 115th Congress · Finance and Financial Sector

Keeping Capital Local for Underserved Communities Act of 2017

Introduced 2017-05-08· Sponsored by Rep. Moore, Gwen [D-WI-4]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Financial Services.(2017-05-08)

Plain Language Summary

[AI summary unavailable — showing source text] Keeping Capital Local for Underserved Communities Act of 2017 This bill specifies that certain reciprocal deposits shall not be considered to be brokered deposits. (Brokered deposits are subject to additional regulatory requirements, including those related to liquidity.)…

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

Cosponsors (20)

12 Democrats8 Republicans