HR 7483 · 118th Congress · Finance and Financial Sector

Expanding Opportunity for MDIs Act

Introduced 2024-02-29· Sponsored by Rep. Beatty, Joyce [D-OH-3]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Financial Services.(2024-02-29)

Plain Language Summary

[AI summary unavailable — showing source text] Expanding Opportunity for Minority Depository Institutions Act or the Expanding Opportunity for MDIs Act This bill establishes the Financial Agent Mentor-Protégé Program within the Department of the Treasury. The program provides participating minority deposit institutions and small financial institutions with mentorship from large financial institutions or from financial agents designated by Treasury. This mentorship prepares protégé institutions to improve service capacity or to perform as financial agents for the federal government. …

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

Cosponsors (15)

15 Democrats