HR 5315 · 116th Congress · Finance and Financial Sector

Expanding Opportunity for Minority Depository Institutions Act

Introduced 2019-12-05· Sponsored by Rep. Beatty, Joyce [D-OH-3]· House

Bill Progress

Introduced
Committee
House Vote
4
Senate
5
Enacted
Latest: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.(2020-01-14)

Plain Language Summary

[AI summary unavailable — showing source text] Expanding Opportunity for Minority Depository Institutions (MDIs) Act This bill establishes the Financial Agent Mentor-Protégé Program within the Department of the Treasury. The program provides participating minority deposit institutions with mentorship regarding becoming a financial agent for Treasury.…

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

CBO Cost Estimate

Congressional Budget Office

H.R. 5315, Expanding Opportunities for MDIs Act

Jan 16, 2020

As ordered reported by the House Committee on Financial Services on December 11, 2019

Full CBO report ↗

Official non-partisan budget analysis by the Congressional Budget Office

Cosponsors (5)

5 Democrats