US SB884 | 2019-2020 | 116th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on March 26 2019 - 25% progression, died in committee
Action: 2019-03-26 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on March 26 2019 - 25% progression, died in committee
Action: 2019-03-26 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Establishes the Economic Mobility Corps for the purpose of providing support to community development financial institutions and projects related to financial counseling, financial services, job placement, small business financing, affordable rental housing financing, commercial facility financing, community facility financing, single-family home financing, and foreclosure prevention services. Specifically, the Corporation for National and Community Service and the Department of the Treasury must establish grants and other support for this program.
Title
Economic Mobility Corps Act of 2019
Sponsors
Sen. Christopher Coons [D-DE] | Sen. Bill Cassidy [R-LA] |
History
Date | Chamber | Action |
---|---|---|
2019-03-26 | Senate | Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. |
Same As/Similar To
HB3845 (Related) 2019-07-18 - Referred to the House Committee on Education and Labor.
Subjects
Consumer credit
Credit and credit markets
Economic performance and conditions
Economics and public finance
Housing finance and home ownership
Housing supply and affordability
Low- and moderate-income housing
National and community service
Small business
Social work, volunteer service, charitable organizations
Credit and credit markets
Economic performance and conditions
Economics and public finance
Housing finance and home ownership
Housing supply and affordability
Low- and moderate-income housing
National and community service
Small business
Social work, volunteer service, charitable organizations
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/116th-congress/senate-bill/884/all-info |
Text | https://www.congress.gov/116/bills/s884/BILLS-116s884is.pdf |