To provide supplemental appropriations to the Community Development Financial Institutions Fund, and for other purposes.

Bill: 116-hr-6329
Sponsor: full_name: Rep. Adams, Alma S. [D-NC-12]
Introduced: 2020-03-23
Policy area: Housing and Community Development
Subjects: Appropriations

Bank accounts, deposits, capital

Government lending and loan guarantees

Housing and community development funding
Latest action: action_date: 2020-03-23
text: Referred to the House Committee on Appropriations.

Summaries:
action_date: 2020-03-23
action_desc: Introduced in House
text: <p>This bill provides $1 billion in FY2020 supplemental appropriations to the Community Development Financial Institutions Fund for providing financial and technical assistance. </p>

tv_txt: I 116th CONGRESS 2d Session H. R. 6329 IN THE HOUSE OF REPRESENTATIVES March 23, 2020 Ms. Adams introduced the following bill; which was referred to the Committee on Appropriations A BILL To provide supplemental appropriations to the Community Development Financial Institutions Fund, and for other purposes.

1. Supplemental appropriation There is appropriated to the Community Development Financial Institutions Fund, out of amounts in the general fund not otherwise appropriated, $1,000,000,000 for fiscal year 2020, for providing financial assistance and technical assistance under subparagraphs (A) and (B) of section 108(a)(1) of the Community Development Banking and Financial Institutions Act of 1994 ( 12 U.S.C. 4707(a)(1) ), except that subsections (d) and (e) of such section 108 shall not apply to the provision of such assistance.