Community Investment and Prosperity Act

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 5913 Introduced in House (IH)]

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119th CONGRESS
  1st Session
                                H. R. 5913

To allow the Comptroller of the Currency and the Board of Governors of 
    the Federal Reserve System to increase the aggregate amount of 
investments that a national banking association and a State member bank 
    may make to promote the public welfare, and for other purposes.


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                    IN THE HOUSE OF REPRESENTATIVES

                            November 4, 2025

  Mr. Lawler (for himself, Mrs. Beatty, and Mrs. Kim) introduced the 
   following bill; which was referred to the Committee on Financial 
                                Services

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                                 A BILL


 
To allow the Comptroller of the Currency and the Board of Governors of 
    the Federal Reserve System to increase the aggregate amount of 
investments that a national banking association and a State member bank 
    may make to promote the public welfare, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Community Investment and Prosperity 
Act''.

SEC. 2. INVESTMENTS TO PROMOTE THE PUBLIC WELFARE.

    (a) Revised Statutes.--The paragraph designated as the ``Eleventh'' 
of section 5136 of the Revised Statutes of the United States (12 U.S.C. 
24) is amended, in the fifth sentence, by striking ``15'' each place 
the term appears and inserting ``20''.
    (b) Federal Reserve Act.--The 23rd paragraph of section 9 of the 
Federal Reserve Act (12 U.S.C. 338a) is amended, in the fifth sentence, 
by striking ``15'' each place the term appears and inserting ``20''.
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