H.R.3952 - Promoting Community Investment Act of 2004108th Congress (2003-2004)
|Sponsor:||Rep. Hensarling, Jeb [R-TX-5] (Introduced 03/11/2004)|
|Committees:||House - Financial Services|
|Latest Action:||03/29/2004 Referred to the Subcommittee on Financial Institutions and Consumer Credit.|
This bill has the status Introduced
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Subject — Policy Area:
- Finance and Financial Sector
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Summary: H.R.3952 — 108th Congress (2003-2004)All Bill Information (Except Text)
Introduced in House (03/11/2004)
Promoting Community Investment Act of 2004 - Amends the Community Reinvestment Act of 1977 to increase from $250 million to $1 billion the aggregate asset size of small regulated financial institutions eligible for certain regulatory relief.
Sets a deadline for the Federal financial supervisory agencies to prescribe jointly the amount by which such aggregate asset size limit shall be adjusted annually for inflation.