SB1439Introduced in the Senate
Federal Home Loan Banks' Mission Activities Act
Introduced by Catherine Cortez Masto, District NV
What does this bill do?
Plain-English breakdown
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Official description
A bill to reaffirm and improve the participation of members of the Federal Home Loan Bank System to meet the short- and long-term housing, including affordable housing, agricultural and small business lending, and community economic development financing needs of the communities they serve, including rural, urban, low-income, and Tribal communities, improve the ability of community development financial institutions and credit unions to meet community economic development financing needs for their communities, and aligning executive compensation to mission achievements, and for other purposes.
Where it stands
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
April 10, 2025
How did lawmakers vote?
No recorded vote is available for this bill yet.
What do people think?
Citizen Voice
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Bill history
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Verify the information
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