HOUSE DOCKET, NO. 1291        FILED ON: 1/16/2019

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 993

 

The Commonwealth of Massachusetts

_________________

PRESENTED BY:

Carlos González

_________________

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:

Carlos González

10th Hampden

Tackey Chan

2nd Norfolk

Sonia Chang-Diaz

Second Suffolk

Marcos A. Devers

16th Essex

Mindy Domb

3rd Hampshire

James B. Eldridge

Middlesex and Worcester

Nika C. Elugardo

15th Suffolk

Russell E. Holmes

6th Suffolk

Mary S. Keefe

15th Worcester

David Henry Argosky LeBoeuf

17th Worcester

Jason M. Lewis

Fifth Middlesex

Liz Miranda

5th Suffolk

Rady Mom

18th Middlesex

Denise Provost

27th Middlesex

David M. Rogers

24th Middlesex

Jon Santiago

9th Suffolk

Bruce E. Tarr

First Essex and Middlesex

José F. Tosado

9th Hampden

Chynah Tyler

7th Suffolk

Aaron Vega

5th Hampden

Tommy Vitolo

15th Norfolk

Bud L. Williams

11th Hampden


HOUSE DOCKET, NO. 1291        FILED ON: 1/16/2019

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 993

By Mr. Gonzalez of Springfield, a petition (accompanied by bill, House, No. 993) of Carlos Gonzalez and others relative to community reinvestment goals for banks.  Financial Services.

 

The Commonwealth of Massachusetts

 

_______________

In the One Hundred and Ninety-First General Court
(2019-2020)

_______________

 

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.