AN ACT INVESTING STATE FUNDS IN UNDERSERVED AND LOW-INCOME COMMUNITIES.
To (1) require the investment of state funds in community banks, community credit unions and community development financial institutions to promote community or economic development in certain underserved communities, and (2) authorize the establishment of a program to guarantee loans made to certain borrowers who would not otherwise qualify for such loan.
Introduced by:
Finance, Revenue and Bonding Committee| New today | 2-4 days old | 5 days & older |
| Text of Bill | |
| Raised Bill [doc] |
Co-sponsors for Amendment LCO:
Bill History
| Date | Action Taken | ||
|---|---|---|---|
| 3/28/2022 | Public Hearing 03/30 | ||
| 3/25/2022 | Referred to Joint Committee on Finance, Revenue and Bonding |
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