h 16 41138 1171515600 false 1172638800 1066 479 110 400140

2/27/2007--Passed House without amendment. (This measure has not been amended since it was introduced. The summary of that version is repeated here.) Depository Institution Community Development Investments Enhancement Act - Amends the Home Owners' Loan Act to revise requirements for community development investments by federal savings associations. Authorizes a federal savings association to make investments, directly or indirectly, each of which is designed primarily to promote the public welfare, including the welfare of low- and moderate-income communities or families through the provision of housing, services, and jobs (community development investments). Permits such investments to be made directly or by purchase of interests in an entity primarily engaged in making such investments. Prohibits a federal savings association from making an investment which would subject it to unlimited liability to any person. Requires the Director of the Office of Thrift Supervision to establish: (1) the amount any savings association may invest in any one project; and (2) the aggregate amount of investment of any savings association. Restricts the aggregate amount of investment of any savings association, subject to specified determinations made by the Director. Prohibits the maximum aggregate amount of investments of any savings association from exceeding the same 15% of its capital stock actually paid in and unimpaired and 15% of its unimpaired surplus as imposed by this Act on national banking associations and state member banks.<br/>

1172638800 2007-02-28 Thu Nov 06 19:11:08 -0600 2008 passed house 41138 'act':7 'enhanc':6 'invest':5 'develop':4 'institut':2 'communiti':3 'depositori':1 44290 short introduced 41138 'invest':5 'purpos':12 'develop':4 'increas':2 'institut':8 'communiti':3 'depositori':7 41334 official introduced 41138 'act':7 'enhanc':6 'invest':5 'develop':4 'institut':2 'communiti':3 'depositori':1 41606 short action 41138 1172638800 Wed Feb 28 00:00:00 -0600 2007 105471 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. F000339 1940-03-31 15395 2252 Rayburn House Office Building http://www.house.gov/writerep 4 202-225-0182 Barney 'd':4 '-4':6 'ma':5 'rep':1 'frank':3,8,10 'barney':2,7,9 M 400140 Frank Barney_Frank Rep. Barney Frank [D, MA-4] 7659 N00000275 18154 Democrat 202-225-5931 Jewish MA Barney Frank 2.5359477124183 http://www.house.gov/frank/ B000013 1947-12-28 4025 2246 Rayburn Building http://www.house.gov/writerep/ 6 202-225-2082 Spencer 'r':4 '-6':6 'al':5 'rep':1 'bachus':3,8,10 'spencer':2,7,9 M 400010 Bachus Spencer_Bachus Thomas Rep. Spencer Bachus [R, AL-6] 2159 N00008091 7601 Republican 202-225-4921 Baptist AL Spencer Bachus 4.5 http://bachus.house.gov/HoR/AL06/Home/ action 41138 1172638800 Wed Feb 28 00:00:00 -0600 2007 105471 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. vote 41138 1172602260 Tue Feb 27 14:51:00 -0600 2007 by voice vote 94250 pass On motion to suspend the rules and pass the bill Agreed to by voice vote. vote h action 41138 1172601900 Tue Feb 27 14:45:00 -0600 2007 94249 Considered under suspension of the rules. action 41138 1172601900 Tue Feb 27 14:45:00 -0600 2007 152689 DEBATE - The House proceeded with forty minutes of debate on H.R. 1066. action 41138 1172601840 Tue Feb 27 14:44:00 -0600 2007 94248 Mr. Frank (MA) moved to suspend the rules and pass the bill. action 41138 1171515600 Thu Feb 15 00:00:00 -0600 2007 93550 Referred to the House Committee on Financial Services. introduced 41138 1171515600 Thu Feb 15 00:00:00 -0600 2007 93549