Summary: H.R.5612 — 116th Congress (2019-2020)All Information (Except Text)

There is one summary for H.R.5612. Bill summaries are authored by CRS.

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Introduced in House (01/15/2020)

Small Business and Community Investments Expansion Act of 2020

This bill allows a Federal Home Loan Bank to make long-term advances to certain community development financial institutions and insured credit unions for activities related to small businesses, small farms, small agri-businesses, and community development. Currently, only certain community development financial institutions may qualify for these advances.