To amend the Community Reinvestment Act of 1977 to exempt small depository institutions and depository institutions located in small towns and rural areas from the requirements of such Act.
Community Reinvestment Act Amendments of 1993 - Amends the Community Reinvestment Act of 1977 to exempt from its purview a regulated financial institution: (1) whose total assets do not exceed $100 million; and (2) which is located in a rural area or town with a population of 50,000 or less.
Introduced in House
Introduced in House
Referred to the House Committee on Banking, Finance + Urban Affrs.
Referred to the Subcommittee on Consumer Credit and Insurance.
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