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     Providing for consideration of the bill (H.R. 1629) to amend the Federal Food, Drug, and Cosmetic Act with respect to limitations on exclusive approval or licensure of orphan drugs, and for other purposes; providing for consideration of the resolution (H. Res. 275) condemning the horrific shootings in Atlanta, Georgia, on March 16, 2021, and reaffirming the House of Representative's commitment to combating hate, bigotry, and violence against the Asian-American and Pacific Islander community; and for other purposes.
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     CBO’s Estimate of the Statutory Pay-As-You-Go Effects of H.R. 1711, the Financial Inclusion in Banking Act of 2021, as Amended
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     Statutory Pay-As-You-Go Effects of H.R. 1711, the Financial Inclusion in Banking Act of 2021, as Amended
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     &lt;p&gt;&lt;b&gt;Financial Inclusion in Banking Act of 2021&lt;/b&gt;&lt;/p&gt; &lt;p&gt;This bill expands the duties of the Office of Community Affairs within the Consumer Financial Protection Bureau regarding under-banked, un-banked, and underserved consumers. Specifically, the office must (1) report on impeding factors for individuals and families that do not participate in the banking system, and (2) develop strategies to increase such participation.&lt;/p&gt; &lt;p&gt;The bill also decreases, beginning September 30, 2029, the cap on the surplus funds of the Federal Reserve banks. (Amounts exceeding this cap are deposited in the general fund of the Treasury.)&lt;/p&gt;
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     &lt;p&gt;&lt;b&gt;Financial Inclusion in Banking Act of 2021&lt;/b&gt;&lt;/p&gt; &lt;p&gt;This bill expands the duties of the Office of Community Affairs within the Consumer Financial Protection Bureau regarding under-banked, un-banked, and underserved consumers. Specifically, the office must (1) report on impeding factors for individuals and families that do not participate in the banking system, and (2) develop strategies to increase such participation.&lt;/p&gt; &lt;p&gt;The bill also decreases, beginning September 30, 2031, the cap on the surplus funds of the Federal Reserve banks. (Amounts exceeding this cap are deposited in the general fund of the Treasury.)&lt;/p&gt;
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2021-05-19
Banking, Housing, and Urban Affairs Committee
ssbk00
Senate
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
IntroReferral
H37300
2021-05-18
2
House floor actions
Pursuant to section 5 of H. Res. 403, and the motion offered by Mr. Hoyer, the following bills passed under suspension of the rules: H.R. 144, as amended; H.R. 204, as amended; H.R. 210, as amended; H.R. 240; H.R. 707, as amended; H.R. 711, as amended; H.R. 1157, as amended; H.R. 1447, as amended; H.R. 1510, as amended; H.R. 1711, as amended; H.R. 2027; H.R. 2167, as amended; H.R. 2441; H.R. 2494; H.R. 2533; H.R. 2655, as amended; H.R. 2695, H.R. 2704; H.R. 2788; H.R. 2878, as amended; and H.R. 3008. (consideration: CR H2482-2520; text: CR H2509-2510)
Floor
8000
2021-05-18
9
Library of Congress
Passed/agreed to in House: Pursuant to section 5 of H. Res. 403, and the motion offered by Mr. Hoyer, the following bills passed under suspension of the rules: H.R. 144, as amended; H.R. 204, as amended; H.R. 210, as amended; H.R. 240; H.R. 707, as amended; H.R. 711, as amended; H.R. 1157, as amended; H.R. 1447, as amended; H.R. 1510, as amended; H.R. 1711, as amended; H.R. 2027; H.R. 2167, as amended; H.R. 2441; H.R. 2494; H.R. 2533; H.R. 2655, as amended; H.R. 2695, H.R. 2704; H.R. 2788; H.R. 2878, as amended; and H.R. 3008.(consideration: CR H2482-2520; text: CR H2509-2510)
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H1B000
2021-05-18
2
House floor actions
Pursuant to the provisions of H. Res. 403, proceedings on H.R. 1711 are considered vacated.
Floor
H37220
2021-05-18
2
House floor actions
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
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2021-05-18
2
House floor actions
DEBATE - The House proceeded with forty minutes of debate on H.R. 1711.
Floor
H30000
2021-05-18
2
House floor actions
Considered under suspension of the rules. (consideration: CR H2450-2452; text: CR H2450)
Floor
H30300
2021-05-18
2
House floor actions
Mr. Cleaver moved to suspend the rules and pass the bill, as amended.
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2021-03-09
Budget Committee
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Referred to the Committee on Financial Services, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
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2021-03-09
Financial Services Committee
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Referred to the Committee on Financial Services, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
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2021-03-09
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Library of Congress
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2021-03-09
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Library of Congress
Introduced in House
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As Posted on the Website of the Clerk of the House on May 14, 2021
2021-05-18T15:19:00Z
CBO’s Estimate of the Statutory Pay-As-You-Go Effects of H.R. 1711, the Financial Inclusion in Banking Act of 2021, as Amended
https://www.cbo.gov/publication/57229
As Posted on the Website of the Clerk of the House on May 14, 2021
2021-05-18T15:19:00Z
Statutory Pay-As-You-Go Effects of H.R. 1711, the Financial Inclusion in Banking Act of 2021, as Amended
https://www.cbo.gov/publication/57229
2021-05-19T19:48:06Z
Referred to
Senate
Banking, Housing, and Urban Affairs Committee
ssbk00
Standing
2021-03-09T15:00:30Z
Referred to
House
Budget Committee
hsbu00
Standing
2021-03-09T15:00:25Z
Referred to
House
Financial Services Committee
hsba00
Standing
W000788
5
Nikema
Rep. Williams, Nikema [D-GA-5]
Williams
D
2021-05-17
GA
Congressional Research Service, Library of Congress
This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.
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2021-03-09
2021-05-19
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
House
Finance and Financial Sector
2021-05-18
Motion to reconsider laid on the table Agreed to without objection.
House
Related bill
Providing for consideration of the bill (H.R. 1629) to amend the Federal Food, Drug, and Cosmetic Act with respect to limitations on exclusive approval or licensure of orphan drugs, and for other purposes; providing for consideration of the resolution (H. Res. 275) condemning the horrific shootings in Atlanta, Georgia, on March 16, 2021, and reaffirming the House of Representative's commitment to combating hate, bigotry, and violence against the Asian-American and Pacific Islander community; and for other purposes.
HRES
S001157
13
David
Rep. Scott, David [D-GA-13]
N
Scott
D
GA
Bank accounts, deposits, capital Congressional oversight Consumer Financial Protection Bureau Consumer credit Executive agency funding and structure Federal Reserve System Financial literacy Government studies and investigations
2021-03-09
Introduced in House
 <p><b>Financial Inclusion in Banking Act of 2021</b></p> <p>This bill expands the duties of the Office of Community Affairs within the Consumer Financial Protection Bureau regarding under-banked, un-banked, and underserved consumers. Specifically, the office must (1) report on impeding factors for individuals and families that do not participate in the banking system, and (2) develop strategies to increase such participation.</p> <p>The bill also decreases, beginning September 30, 2029, the cap on the surplus funds of the Federal Reserve banks. (Amounts exceeding this cap are deposited in the general fund of the Treasury.)</p>
2021-05-17T19:16:00Z
00
2021-05-18
Passed House
 <p><b>Financial Inclusion in Banking Act of 2021</b></p> <p>This bill expands the duties of the Office of Community Affairs within the Consumer Financial Protection Bureau regarding under-banked, un-banked, and underserved consumers. Specifically, the office must (1) report on impeding factors for individuals and families that do not participate in the banking system, and (2) develop strategies to increase such participation.</p> <p>The bill also decreases, beginning September 30, 2031, the cap on the surplus funds of the Federal Reserve banks. (Amounts exceeding this cap are deposited in the general fund of the Treasury.)</p>
2021-06-08T17:20:54Z
53
2021-05-19T04:00:00Z
Referred in Senate
https://www.govinfo.gov/content/pkg/BILLS-117hr1711rfs/xml/BILLS-117hr1711rfs.xml
2021-05-18T04:00:00Z
Engrossed in House
https://www.govinfo.gov/content/pkg/BILLS-117hr1711eh/xml/BILLS-117hr1711eh.xml
2021-03-09T05:00:00Z
Introduced in House
https://www.govinfo.gov/content/pkg/BILLS-117hr1711ih/xml/BILLS-117hr1711ih.xml
Financial Inclusion in Banking Act of 2021
Financial Inclusion in Banking Act of 2021
Display Title
EH
Engrossed in House
H
House
Financial Inclusion in Banking Act of 2021
Short Title(s) as Passed House
EH
Engrossed in House
To amend the Consumer Financial Protection Act of 2010 to direct the Office of Community Affairs to identify causes leading to, and solutions for, under-banked, un-banked, and underserved consumers, and for other purposes.
Official Title as Introduced
IH
Introduced in House
Financial Inclusion in Banking Act of 2021
Short Title(s) as Introduced
H
House
Financial Inclusion in Banking Act of 2021
Short Titles as Passed House
HR
2023-03-08T19:58:39Z
2023-03-08T19:58:39Z
3.0.0
2021-05-18
Motion to reconsider laid on the table Agreed to without objection.
House
Related bill
Providing for consideration of the bill (H.R. 1629) to amend the Federal Food, Drug, and Cosmetic Act with respect to limitations on exclusive approval or licensure of orphan drugs, and for other purposes; providing for consideration of the resolution (H. Res. 275) condemning the horrific shootings in Atlanta, Georgia, on March 16, 2021, and reaffirming the House of Representative's commitment to combating hate, bigotry, and violence against the Asian-American and Pacific Islander community; and for other purposes.
HRES
2021-05-19
Banking, Housing, and Urban Affairs Committee
ssbk00
Senate
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
IntroReferral
H37300
2021-05-18
2
House floor actions
Pursuant to section 5 of H. Res. 403, and the motion offered by Mr. Hoyer, the following bills passed under suspension of the rules: H.R. 144, as amended; H.R. 204, as amended; H.R. 210, as amended; H.R. 240; H.R. 707, as amended; H.R. 711, as amended; H.R. 1157, as amended; H.R. 1447, as amended; H.R. 1510, as amended; H.R. 1711, as amended; H.R. 2027; H.R. 2167, as amended; H.R. 2441; H.R. 2494; H.R. 2533; H.R. 2655, as amended; H.R. 2695, H.R. 2704; H.R. 2788; H.R. 2878, as amended; and H.R. 3008. (consideration: CR H2482-2520; text: CR H2509-2510)
Floor
8000
2021-05-18
9
Library of Congress
Passed/agreed to in House: Pursuant to section 5 of H. Res. 403, and the motion offered by Mr. Hoyer, the following bills passed under suspension of the rules: H.R. 144, as amended; H.R. 204, as amended; H.R. 210, as amended; H.R. 240; H.R. 707, as amended; H.R. 711, as amended; H.R. 1157, as amended; H.R. 1447, as amended; H.R. 1510, as amended; H.R. 1711, as amended; H.R. 2027; H.R. 2167, as amended; H.R. 2441; H.R. 2494; H.R. 2533; H.R. 2655, as amended; H.R. 2695, H.R. 2704; H.R. 2788; H.R. 2878, as amended; and H.R. 3008.(consideration: CR H2482-2520; text: CR H2509-2510)
Floor
H1B000
2021-05-18
2
House floor actions
Pursuant to the provisions of H. Res. 403, proceedings on H.R. 1711 are considered vacated.
Floor
H37220
2021-05-18
2
House floor actions
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
Floor
H8D000
2021-05-18
2
House floor actions
DEBATE - The House proceeded with forty minutes of debate on H.R. 1711.
Floor
H30000
2021-05-18
2
House floor actions
Considered under suspension of the rules. (consideration: CR H2450-2452; text: CR H2450)
Floor
H30300
2021-05-18
2
House floor actions
Mr. Cleaver moved to suspend the rules and pass the bill, as amended.
Floor
H11100
2021-03-09
Budget Committee
hsbu00
2
House floor actions
Referred to the Committee on Financial Services, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
IntroReferral
H11100
2021-03-09
Financial Services Committee
hsba00
2
House floor actions
Referred to the Committee on Financial Services, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
IntroReferral
Intro-H
2021-03-09
9
Library of Congress
Introduced in House
IntroReferral
1000
2021-03-09
9
Library of Congress
Introduced in House
IntroReferral
S001157
13
David
Rep. Scott, David [D-GA-13]
N
Scott
D
GA
W000788
5
Nikema
Rep. Williams, Nikema [D-GA-5]
Williams
D
2021-05-17
GA
Bank accounts, deposits, capital Congressional oversight Consumer Financial Protection Bureau Consumer credit Executive agency funding and structure Federal Reserve System Financial literacy Government studies and investigations
2021-03-09
Introduced in House
 <p><b>Financial Inclusion in Banking Act of 2021</b></p> <p>This bill expands the duties of the Office of Community Affairs within the Consumer Financial Protection Bureau regarding under-banked, un-banked, and underserved consumers. Specifically, the office must (1) report on impeding factors for individuals and families that do not participate in the banking system, and (2) develop strategies to increase such participation.</p> <p>The bill also decreases, beginning September 30, 2029, the cap on the surplus funds of the Federal Reserve banks. (Amounts exceeding this cap are deposited in the general fund of the Treasury.)</p>
2021-05-17T19:16:00Z
00
2021-05-18
Passed House
 <p><b>Financial Inclusion in Banking Act of 2021</b></p> <p>This bill expands the duties of the Office of Community Affairs within the Consumer Financial Protection Bureau regarding under-banked, un-banked, and underserved consumers. Specifically, the office must (1) report on impeding factors for individuals and families that do not participate in the banking system, and (2) develop strategies to increase such participation.</p> <p>The bill also decreases, beginning September 30, 2031, the cap on the surplus funds of the Federal Reserve banks. (Amounts exceeding this cap are deposited in the general fund of the Treasury.)</p>
2021-06-08T17:20:54Z
53
Financial Inclusion in Banking Act of 2021
Financial Inclusion in Banking Act of 2021
Display Title
EH
Engrossed in House
H
House
Financial Inclusion in Banking Act of 2021
Short Title(s) as Passed House
EH
Engrossed in House
To amend the Consumer Financial Protection Act of 2010 to direct the Office of Community Affairs to identify causes leading to, and solutions for, under-banked, un-banked, and underserved consumers, and for other purposes.
Official Title as Introduced
IH
Introduced in House
Financial Inclusion in Banking Act of 2021
Short Title(s) as Introduced
H
House
Financial Inclusion in Banking Act of 2021
Short Titles as Passed House
2021-05-19
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.