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BillHR 7775 · 119

CDFI Fund Transparency Act

Introduced
Mar 3, 2026
Cosponsors
1
Traction
0
Last Action
Mar 3, 2026

Bill Summary

Requires the Community Development Financial Institutions Fund to make its activities and spending more transparent. This includes regularly reporting on how it uses its funds.

Sponsored By

John W. Rose
Republican · Tennessee · House

Bill Journey

  1. Mar 3, 2026
  2. Mar 3, 2026You Are Here

    The committee will review the bill, debate amendments, and vote on whether to advance it to the full chamber.

  3. TBD

    The full chamber debates the bill, may amend it, and votes on whether to pass it.

  4. TBD

    If passed by the first chamber, the other chamber considers, may amend, and votes on the bill.

  5. TBD

    If passed by both chambers, the bill goes to the President to sign into law or veto.

Why It Matters

The bill affects the Community Development Financial Institutions Fund and the communities it serves by providing them with more information about the fund's activities. It also impacts taxpayers and lawmakers by giving them a clearer picture of how the fund's money is being spent.

Impact Areas

Sample
Addresses Supply
Targets an underlying shortage driving costs.
Supports Families
Aimed at easing pressure on working households.
Long-term Impact
Effects compound across multiple budget cycles.
Expands Access
Lowers barriers for first-time participants.

Support & Opposition

Sponsor & cosponsor support by party
2backers
  • Republican2
Cross-party cosponsors0 · 0%

Documents

1

Full text opens on congress.gov, the official source.

Cosponsors (1)

Bill Details

Bill TypeHouse Bill · Federal
Primary TopicMoney & Economy
IntroducedMar 3, 2026
Last UpdatedMar 3, 2026
Latest ActionReferred to the House Committee on Financial Services.
Subjects
  • Economy

Summary and impact analysis written by Judy (KnowGov's enrichment AI). Bill metadata, status, sponsor, and any floor votes from Prism. Sections marked “Sample” are placeholders not yet connected to live data.