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H.R. 2570 · 109th Congress

Credit Availability for Women-Owned Businesses Act of 2005

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Never voted on. It didn't reach a floor vote before the 109th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

No cosponsors.

Credit Availability for Women-Owned Businesses Act of 2005 - Amends the Federal Deposit Insurance Corporation Improvement Act of 1991 to require the appropriate Federal banking agency to prescribe regulations requiring insured depository institutions to submit information annually on: (1) women-owned businesses in their reports of condition; and (2) such…

What it does: CRS summary · Introduced in House · May 24, 2005

Credit Availability for Women-Owned Businesses Act of 2005 - Amends the Federal Deposit Insurance Corporation Improvement Act of 1991 to require the appropriate Federal banking agency to prescribe regulations requiring insured depository institutions to submit information annually on: (1) women-owned businesses in their reports of condition; and (2) such information as the agency may need to assess the availability of credit to women-owned businesses.

Defines women-owned business as any business: (1) more than 50 percent of the outstanding shares of which are held by one or more women; and (2) a majority of the directors on the board of directors of which are women.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Credit Availability for Women-Owned Businesses Act of 2005

Latest action (Jun 3, 2005): Referred to the Subcommittee on Financial Institutions and Consumer Credit.

Policy area: Finance and Financial Sector · Origin: House · Introduced: May 24, 2005

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.