Loading chat...

MA H1177

Bill

Official Source

Status

Introduced

2/27/2025

Primary Sponsor

Carlos Gonzalez

Click for details

Origin

House of Representatives

194th General Court

AI Summary

  • Amends Section 13 of Chapter 167 of the Massachusetts General Laws to expand bank reporting requirements
  • Requires bank reports to include goals from their strategic plans related to community reinvestment
  • Mandates disclosure of the most recent rating from the commissioner as required under 209 CMR 46.00 (Massachusetts Community Reinvestment Act regulations)
  • Similar legislation was filed in the previous 2023-2024 session as House Bill 1028

Legislative Description

Relative to community reinvestment goals for banks

Last Action

Accompanied a study order, see H5213

3/12/2026

Committee Referrals

Financial Services2/27/2025

Full Bill Text

No bill text available