Community Investment and Prosperity Act

HR 5913, the Community Investment and Prosperity Act, amends two existing banking regulations by increasing a percentage threshold from 15% to 20% in two specific legal provisions. It revises the Revised Statutes (12 U.S.C. 24) and the Federal Reserve Act (12 U.S.C. 338a), specifically altering the fifth sentence of designated paragraphs. These changes directly affect how national banks and financial institutions calculate certain regulatory requirements under federal law. The bill makes a technical adjustment to existing banking rules without creating new programs or altering broader community investment policies.