Senate Bill 884
116th Congress(2019-2020)
Economic Mobility Corps Act of 2019
Introduced
Introduced in Senate on Mar 26, 2019
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
884
Congress
116
Policy Area
Economics and Public Finance
Economics and Public Finance
Primary focus of measure is budgetary matters such as appropriations, public debt, the budget process, government lending, government accounts and trust funds; monetary policy and inflation; economic development, performance, and economic theory.
No Senate votes have been held for this bill.
Summary
Economic Mobility Corps Act of 2019
This bill establishes the Economic Mobility Corps for the purpose of providing support to community development financial institutions and projects related to financial counseling, financial services, job placement, small business financing, affordable rental housing financing, commercial facility financing, community facility financing, single-family home financing, and foreclosure prevention services. Specifically, the Corporation for National and Community Service and the Department of the Treasury must establish grants and other support for this program.
March 26, 2019
03/26/2019
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
03/26/2019
Introduced in Senate
Public Record
Record Updated
Nov 1, 2022 6:17:19 PM