HR-4590 : Still Just a Bill


Promoting New and Diverse Depository Institutions Act

This bill requires federal banking agencies to study the challenges faced by entities attempting to become chartered depository institutions and to develop a strategic plan to assist in the application process. The strategic plan must (1) promote the chartering of minority depository institutions and entities that could be certified as community development financial institutions, and (2) describe actions to increase the number of depository institutions located in underserved areas.

Action Timeline

Action DateTypeTextSource
2022-07-27IntroReferralReceived in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.Senate
2022-07-26FloorMotion to reconsider laid on the table Agreed to without objection.House floor actions
2022-07-26FloorOn motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H7150-7151)House floor actions
2022-07-26FloorDEBATE - The House proceeded with forty minutes of debate on H.R. 4590.House floor actions
2022-07-26FloorConsidered under suspension of the rules. (consideration: CR H7150-7152)House floor actions
2022-07-26FloorMs. Waters moved to suspend the rules and pass the bill, as amended.House floor actions
2022-01-20CalendarsPlaced on the Union Calendar, Calendar No. 163.House floor actions
2022-01-20CommitteeReported (Amended) by the Committee on Financial Services. H. Rept. 117-229.House floor actions
2021-07-29CommitteeOrdered to be Reported in the Nature of a Substitute (Amended) by Voice Vote.House committee actions
2021-07-29CommitteeCommittee Consideration and Mark-up Session Held.House committee actions
2021-07-28CommitteeCommittee Consideration and Mark-up Session Held.House committee actions
2021-07-21IntroReferralReferred to the House Committee on Financial Services.House floor actions
2021-07-21IntroReferralIntroduced in HouseLibrary of Congress

Policy Area :

Finance and Financial Sector
Related Subjects
  • Banking and financial institutions regulation
  • Financial services and investments
  • Government information and archives
  • Government studies and investigations
  • Minority and disadvantaged businesses
Related Geographic Entities
Related Organizations

Related Bills

See Related Bills