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H.R. 3952

BillFederalHouseIn Committee
Promoting Community Investment Act of 2004
About This Bill
Committee
Latest Action · March 29, 2004
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Congress
108th (2003–2005)
Introduced
March 11, 2004
Cosponsors (14)
0D 14R
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Summary

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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.

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