Back to all bills
HR 5913119th CongressIn Committee
Community Investment and Prosperity Act
Introduced: Nov 4, 2025
Sponsor: Rep. Lawler, Michael [R-NY-17] (R-New York)
Standard Summary
Comprehensive overview in 1-2 paragraphs
Increases the aggregate investment limit that banks may make for public welfare purposes from 15% to 20% of their capital and surplus.
Key Points
- 1Raises public welfare investment limit from 15% to 20% for national banks
- 2Applies to both national banking associations and state member banks
- 3Enhances community development financing capacity
- 4Amends both Revised Statutes and Federal Reserve Act
- 5Supports expanded community reinvestment activities
Impact Areas
Commercial banks and financial institutionsCommunity development organizationsLow-income communitiesFederal banking regulatorsEconomic development programs
Generated by kwaipilot/kat-coder-pro:free on Nov 19, 2025