Community Finance Language Inclusion Act of 2023

Bill: 118-hr-2834
Sponsor: full_name: Rep. Garcia, Sylvia R. [D-TX-29]
Introduced: 2023-04-25
Policy area: Finance and Financial Sector
Latest action: action_date: 2023-04-25
text: Referred to the House Committee on Financial Services.

Summaries:
action_date: 2023-04-25
action_desc: Introduced in House
text: <p><b>Community Finance Language Inclusion Act of 2023 </b></p> <p>This bill allows the Community Development Financial Institutions Fund to provide outreach and resources for non-English speaking individuals or individuals with limited English proficiency. The fund provides monetary awards and technical assistance to qualifying financial institutions to increase access to capital in underserved communities. </p>

tv_txt: I 118th CONGRESS 1st Session H. R. 2834 IN THE HOUSE OF REPRESENTATIVES April 25, 2023 Ms. Garcia of Texas (for herself, Mrs. Beatty , Mr. Nickel , Mr. Green of Texas , and Mr. Vargas ) introduced the following bill; which was referred to the Committee on Financial Services A BILL To amend the Community Development Banking and Financial Institutions Act of 1994 to include in technical assistance provided by the Community Development Financial Institutions Fund resources for non-English speaking individuals, and for other purposes.

1. Short title This Act may be cited as the Community Finance Language Inclusion Act of 2023 . 2. Inclusion of resources for non-English speaking individuals in technical assistance provided by the Community Development Financial Institutions Fund Section 108(c)(1) of the Community Development Banking and Financial Institutions Act of 1994 ( 12 U.S.C. 4707(c)(1) ) is amended— (1) by striking and development and inserting , development ; and (2) by striking products. and inserting products, and the provision of outreach and resources for non-English speaking individuals or individuals with limited English proficiency. .