Community Investment and Prosperity Act
In committee: it can still change before the session ends.
- Stage
- In committee
- Started in
- Senate
- Sponsors
- 10
- Latest action
- Jul 24, 2025
What it does
The Community Investment and Prosperity Act would allow the Comptroller of the Currency and the Federal Reserve Board to increase the maximum amount that national banks and state member banks can invest to promote public welfare from 15% to 20% of their capital and surplus. This change applies to investments aimed at community development, affordable housing, and similar public welfare purposes. The bill affects national banking associations and state member banks by raising their permissible investment limits under existing banking statutes. It does not impose new requirements or prohibitions but modifies current legal thresholds to encourage greater community investment.
No official summary is available here. This one was written by AI from the bill’s text.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
In the news
Reporting that may mention this subject. Possible matches are labeled.
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Where it goes next
While a bill can still move, the questions are about people and money.