Introduced:
Sep 4, 2025
Policy Area:
Finance and Financial Sector
Congress.gov:
Bill Statistics
2
Actions
3
Cosponsors
0
Summaries
1
Subjects
1
Text Versions
Yes
Full Text
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Latest Action
Sep 4, 2025
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Actions (2)
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Type: IntroReferral
| Source: Senate
Sep 4, 2025
Introduced in Senate
Type: IntroReferral
| Source: Library of Congress
| Code: 10000
Sep 4, 2025
Subjects (1)
Finance and Financial Sector
(Policy Area)
Cosponsors (3)
(R-ID)
Sep 4, 2025
Sep 4, 2025
(D-GA)
Sep 4, 2025
Sep 4, 2025
(D-VA)
Sep 4, 2025
Sep 4, 2025
Full Bill Text
Length: 1,878 characters
Version: Introduced in Senate
Version Date: Sep 4, 2025
Last Updated: Nov 13, 2025 6:32 AM
[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[S. 2704 Introduced in Senate
(IS) ]
<DOC>
119th CONGRESS
1st Session
S. 2704
To amend the Community Development Banking and Financial Institutions
Act of 1994 to increase transparency and accountability regarding the
operations of the Community Development Financial Institutions Fund.
_______________________________________________________________________
IN THE SENATE OF THE UNITED STATES
September 4, 2025
Mr. Daines (for himself, Mr. Warner, Mr. Crapo, and Mr. Warnock)
introduced the following bill; which was read twice and referred to the
Committee on Banking, Housing, and Urban Affairs
_______________________________________________________________________
A BILL
To amend the Community Development Banking and Financial Institutions
Act of 1994 to increase transparency and accountability regarding the
operations of the Community Development Financial Institutions Fund.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
[From the U.S. Government Publishing Office]
[S. 2704 Introduced in Senate
(IS) ]
<DOC>
119th CONGRESS
1st Session
S. 2704
To amend the Community Development Banking and Financial Institutions
Act of 1994 to increase transparency and accountability regarding the
operations of the Community Development Financial Institutions Fund.
_______________________________________________________________________
IN THE SENATE OF THE UNITED STATES
September 4, 2025
Mr. Daines (for himself, Mr. Warner, Mr. Crapo, and Mr. Warnock)
introduced the following bill; which was read twice and referred to the
Committee on Banking, Housing, and Urban Affairs
_______________________________________________________________________
A BILL
To amend the Community Development Banking and Financial Institutions
Act of 1994 to increase transparency and accountability regarding the
operations of the Community Development Financial Institutions Fund.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1.
This Act may be cited as the ``CDFI Fund Transparency Act''.
SEC. 2.
Section 104
(b) of the Community Development Banking and Financial
Institutions Act of 1994 (12 U.
(b) of the Community Development Banking and Financial
Institutions Act of 1994 (12 U.S.C. 4703
(b) ) is amended by adding to
the end the following:
``
(5) Annual testimony.--The Secretary of the Treasury (or
a designee of the Secretary) shall, at the discretion of the
chairman of the Committee on Banking, Housing, and Urban
Affairs of the Senate and chairman of the Committee on
Financial Services of the House of Representatives, annually
testify before such committees (or a subcommittee of such
committees) regarding the operations of the Fund during the
previous fiscal year.''.
<all>