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H.R. 3656

Small Business and Community Investments Expansion Act of 2013

The Small Business and Community Investments Expansion Act of 2013 - Amends the Federal Home Loan Bank Act to authorize Federal Home Loan Banks to make long-term secured advances to their members to provide funds to community development financial institutions.

Requires a Bank, at the time of origination or renewal of a loan or advance, to obtain and maintain a security interest in collateral eligible pursuant to any secured loan for any community development financial institution.

Referred to the House Committee on Financial Services.

Rep. Ellison, Keith [D-MN-5](D-MN)Sponsor
5 cosponsors3 D2 R
5cosponsors1committees3actions1related bills4subjects
  • Introduced in HouseDec 5, 2013
  1. IntroReferralH11100

    Referred to the House Committee on Financial Services.

  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

Small Business and Community Investments Expansion Act of 2013 — Informed