Summary: H.R.3952 — 108th Congress (2003-2004)All Information (Except Text)

There is one summary for H.R.3952. Bill summaries are authored by CRS.

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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.