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US HB5913

Bill

Official Source

Status

Introduced

11/4/2025

Primary Sponsor

Michael Lawler

Click for details

Origin

House of Representatives

119th Congress

AI Summary

  • Increases the aggregate investment limit for national banking associations from 15% to 20% of capital and surplus for investments that promote public welfare
  • Amends the Federal Reserve Act to similarly raise the public welfare investment cap from 15% to 20% for State member banks
  • Grants the Comptroller of the Currency authority over the increased investment limits for national banks
  • Grants the Board of Governors of the Federal Reserve System authority over the increased limits for State member banks
  • Introduced November 4, 2025 by Rep. Lawler with bipartisan cosponsors (Mrs. Beatty, Mrs. Kim) and referred to the Committee on Financial Services

Legislative Description

Community Investment and Prosperity Act

Finance and financial sector

Last Action

Referred to the House Committee on Financial Services.

11/4/2025

Committee Referrals

Financial Services11/4/2025

Full Bill Text

No bill text available