,i  #aad? ,,congress  #b;d ,session  ,h4
 ,r4 #eeaa  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,june #af1 #bjaf ,mr4 
,delaney 7= himself & ,mr4 ,c>ney7      
introduc$ ! foll[+ bill2 :i* 0 ref]r$ to
 ! ,committee on ,f9ancial ,s]vices  ,a 
,,bill  ,to require ! ,f$]al ,deposit   
,insurance ,corporation to implem5t     
regulations eas+ c]ta9 re/rictions on   
non-pr(it community developm5t f9ancial 
in/itution banks1 & = o!r purposes4  #a4
 ,%ort title2 purpose  7a7 ,%ort title  
,?is ,act may be cit$ z ! ,equal ,access
 to ,bank+ ,act4  7b7 ,purpose ,?is     
purposes ( ?is ,act are ! foll[+3  7#a7 
,to exp& bank+ s]vices to unbank$ &     
und]bank$ individuals by requir+ !      
,f$]al ,deposit ,insurance ,corporation 
to re-assess regulations to all[        
non-pr(it community developm5t f9ancial 
in/itution banks to obta9 deposit       
insurance1 :ile /ill adequately protect+
 ! ,deposit ,insurance ,fund4  7#b7 ,to 
facilitate an insur$ depository         
in/itution /ructure t b5efits f         

philan?ropic donations1 inve/m5t        
inc5tives f ! ,community ,re9ve/m5t ,act
 ( #aigg1 & ,community ,developm5t      
,f9ancial ,in/itution ,fund grants4  #b4
 ,regulations to ease c]ta9 re/rictions 
on non-pr(it community developm5t       
f9ancial in/itution banks  7a7          
,regulations relat$ to deposit insurance
  7#a7 ,9 g5]al ,! ,f$]al ,deposit      
,insurance ,corporation %all issue      
regulations-- 7,a7 eas+ ! re/rictive    
impact ( regulations issu$ pursuant to  
section #f ( ! ,f$]al ,deposit          
,insurance ,act 7#ab ,u4,s4,c4 #ahaf7   
7relat+ to ! factors to be consid]$ =   
deposit insurance7 on non-pr(it         
community developm5t f9ancial in/itution
 banks2 &  7,b7 eas+ re/rictions on !   
op]ation ( non-pr(it community          
developm5t f9ancial in/itution banks    
insur$ by ! ,f$]al ,deposit ,insurance  
,corporation4  7#b7 ,o!r f9ancial       
in/itutions ,! ,f$]al ,deposit          
,insurance ,corporation %all ensure t   
regulations issu$ "u p>agraph 7#a7--    

7,a7 w n provide an opportunity =       
individuals or =-pr(it f9ancial         
in/itutions to avoid taxation or o!r    
requirem5ts relat$ to deposit insurance2
 &  7,b7 all[ *>itable contributions &  
grants to non-pr(it community developm5t
 f9ancial in/itution banks4  7#c7       
,failure to ma9ta9 c]tification ,!      
,f$]al ,deposit ,insurance ,corporation 
%all t]m9ate ! deposit insurance ( a    
non-pr(it community developm5t f9ancial 
in/itution bank if ! bank loses ! bank's
 c]tification z a community developm5t  
f9ancial in/itution4  7b7 ,def9itions ,=
 purposes ( ?is ,act3 7#a7 ,community   
developm5t f9ancial in/itution ,! t]m   
community developm5t f9ancial in/itution
 has ! mean+ giv5 t t]m "u section #ajc 
( ! ,community ,developm5t ,bank+ &     
,f9ancial ,in/itutions ,act ( #aiid 7#ab
 ,u4,s4,c4 #dgjb74  7#b7 ,depository    
in/itution ,! t]m depository in/itution 
has ! mean+ giv5 su* t]m 9 section #c ( 
! ,f$]al ,deposit ,insurance ,act 7#ab  
,u4,s4,c4 #ahac74  7#c7 ,income         

def9itions ,! t]ms l[-income &          
mod]ate-income h ! mean+ giv5 ^? t]ms1  
respectively1 "u section #be4ab ( title 
#ab1 ,code ( ,f$]al ,regulations4  7#d7 
,non-pr(it community developm5t f9ancial
 in/itution bank ,! t]m non-pr(it       
community developm5t f9ancial in/itution
 bank means a non-pr(it depository      
in/itution t-- 7,a7 is c]tifi$ z a      
community developm5t f9ancial in/itution
 by ! ,community ,developm5t ,f9ancial  
,in/itutions ,fund2 &  7,b7 s]ves       
l[-income & mod]ate-income cu/om]s4