An Act relative to community reinvestment goals for banks
HD 3098 requires banks to include specific community reinvestment goals in their annual reports. Banks must now list the goals from their strategic plan and their most recent rating from the banking commissioner under 209 CMR 46.00. This amendment updates reporting rules under Massachusetts General Laws Chapter 167, Section 13. The change aims to increase transparency around banks' community investment efforts.
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1 primary · 0 co-sponsors
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Legislator
Party
State
District
P
CG
Carlos González
DDemocratic
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