An Act relative to community reinvestment goals for banks

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

An Act relative to community reinvestment goals for banks

An Act relative to community reinvestment goals for banks By Representative González of Springfield, a petition (accompanied by bill, House, No.

What This Bill Does

• An Act relative to community reinvestment goals for banks By Representative González of Springfield, a petition (accompanied by bill, House, No.
• 1177) of Carlos González relative to community reinvestment goals for banks.
• Financial Services.

Limits and Unknowns

• This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Official Summary Text

An Act relative to community reinvestment goals for banks
By Representative González of Springfield, a petition (accompanied by bill, House, No. 1177) of Carlos González relative to community reinvestment goals for banks. Financial Services.

Current Bill Text

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Bill H.1177

The first paragraph of section 13 of chapter 167 of the General Laws, as appearing in the 2022 Official Edition, is hereby amended by adding the following sentence:- Each report shall include goals included in the strategic plan and the most recent rating from the commissioner as required under 209 CMR 46.00.

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