Economic Mobility Corps Act of 2019
Latest action · Mar 26, 2019 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedMar 26, 2019
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
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.
Cosponsors 1
Members who signed on, in the order they did. All signed on Mar 26, 2019.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-LA | Bill Cassidy | Original | Mar 26, 2019 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| Senate | Banking, Housing, and Urban Affairs Committee | Referred Mar 26, 2019 |
Actions 2
Everything that happened, newest first.
- Mar 26, 2019Introduced in Senate
- Mar 26, 2019Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 3845 | Economic Mobility Corps Act of 2019 | Related bill | Jul 18, 2019 |
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- A bill to authorize a grant program that strengthens the capacity of community development financial institutions through alignment with national service participants.
- Short Title(s) as Introduced
- Economic Mobility Corps Act of 2019
Subjects
Assigned by the Library of Congress. Policy area: Economics and Public Finance.
- Consumer credit
- Credit and credit markets
- Economic performance and conditions
- Economics and Public Finance
- Housing finance and home ownership
- Housing supply and affordability
- Low- and moderate-income housing
- National and community service
- Small business
- Social work, volunteer service, charitable organizations
Text 1
Each version as it was printed, newest first.
- Mar 26, 2019Introduced in Senate
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
