HOUSE DOCKET, NO. 2877        FILED ON: 1/16/2015

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 3421

 

The Commonwealth of Massachusetts

_________________

PRESENTED BY:

Carlos Gonzalez

_________________

To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
Court assembled:

The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:

An Act relative to community reinvestment goals for banks.

_______________

PETITION OF:

 

Name:

District/Address:

Date Added:

Carlos Gonzalez

10th Hampden

1/16/2015

Frank A. Moran

17th Essex

12/27/2019

Jose F. Tosado

9th Hampden

12/27/2019

Benjamin Swan

11th Hampden

2/4/2015


HOUSE DOCKET, NO. 2877        FILED ON: 1/16/2015

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 3421

By Mr. Gonzalez of Springfield, a petition (accompanied by bill, House, No. 3421) of Carlos Gonzalez and others for legislation to require banks to include community reinvestment goals in annual reports to the Commissioner of the Division of Banks.  Financial Services.

 

The Commonwealth of Massachusetts

 

_______________

In the One Hundred and Eighty-Ninth General Court
(2015-2016)

_______________

 

An Act relative to community reinvestment goals for banks.

 

Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
 

Section 13 of chapter 167 of the General Laws, as appearing in the 2012 Official Edition, is hereby amended by inserting after the first sentence the following 2 sentences:- Each supervised bank shall include in its report its community reinvestment goals and outcomes for the geographical business area of the bank serves as set forth in section 14.  The report shall be submitted to each city and town in the commonwealth in the form prescribed by the commissioner.