118th Congress · HOUSE BILLBILL

H.R. 7483Expanding Opportunity for MDIs Act

To amend the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 to establish a Financial Agent Mentor-Protégé Program within the Department of the Treasury, and for other purposes.

Finance and financial sector
Introduced Feb 29, 2024
Last action Feb 29, 2024
Pipeline · Bill → Law
Step 1
Introduced
Feb 29, 2024
Step 2
Referred
Feb 29, 2024
Financial Services
Step 3
Committee
Step 4
House floor
Step 5
Senate
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary

This bill establishes the Financial Agent Mentor-Protégé Program within the Department of the Treasury. The program provides participating minority deposit institutions and small financial institutions with mentorship from large financial institutions or from financial agents designated by Treasury. This mentorship prepares protégé institutions to improve service capacity or to perform as financial agents for the federal government. 

Provisions · 2 sectionsIntroduced in House
Timeline · 2 actions
Feb 29, 2024
Introduced in House
Feb 29, 2024
Referred to the House Committee on Financial Services.