Coronavirus CDFI Funding Act

II 116TH CONGRESS 2D SESSION S. 4294 To provide supplemental appropriations to the Community Development Financial Institutions Fund, and for other purposes. IN THE SENATE OF THE UNITED STATES JULY 23, 2020 Mr. MENENDEZ (for himself, Mr. DURBIN, Mr. MANCHIN, Ms. WARREN, Mr. WYDEN, Ms. KLOBUCHAR, Ms. HIRONO, Mr. SCHATZ, Mrs. GILLIBRAND, Mr. MARKEY, Mr. VAN HOLLEN, and Mr. BLUMENTHAL) introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs A BILL To provide supplemental appropriations to the Community Development Financial Institutions Fund, and for other purposes. Be it enacted by the Senate and House of Representa- 1 tives of the United States of America in Congress assembled, 2 SECTION 1. SHORT TITLE. 3 This Act may be cited as the ‘‘Coronavirus CDFI 4 Funding Act’’. 5 SEC. 2. SUPPLEMENTAL APPROPRIATION. 6 There is appropriated to the Community Develop- 7 ment Financial Institutions Fund established under sec- 8 VerDate Sep 11 2014 00:02 Aug 09, 2020 Jkt 099200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\S4294.IS S4294 kjohnson on DSK79L0C42PROD with BILLS 2 •S 4294 IS tion 104(a)(1) of the Community Development Banking 1 and Financial Institutions Act of 1994 (12 U.S.C. 2 4703(a)(1)), out of amounts in the general fund of the 3 Treasury not otherwise appropriated, $1,000,000,000 for 4 fiscal year 2020, for providing financial assistance and 5 technical assistance under subparagraphs (A) and (B) of 6 section 108(a)(1) of the Community Development Bank- 7 ing and Financial Institutions Act of 1994 (12 U.S.C. 8 4707(a)(1)), except that subsections (d) and (e) of such 9 section 108 shall not apply to the provision of such assist- 10 ance. 11 Æ VerDate Sep 11 2014 00:02 Aug 09, 2020 Jkt 099200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6301 E:\BILLS\S4294.IS S4294 kjohnson on DSK79L0C42PROD with BILLS