Sen. Catherine Cortez Masto

Federal Home Loan Banks' Mission Implementation Act This bill generally expands the ability of Federal Home Loan Banks (FHLBs) to provide advances and grants for activities related to small businesses, affordable housing, and community development. The 11 regional FHLBs serve as government-sponsored enterprises to support mortgage lending and related community investment through advances to member financial institutions. These advances are secured by assets such as mortgages and other loans. Specifically, the bill allows FHLBs to provide advances that are secured by (1) loans guaranteed by the Small Business Administration, and (2) certain loans made in response to the economic impact of the COVID-19 pandemic and guaranteed or insured by the federal government. The bill also expands the availability of advances to certain community development financial institutions and credit unions. It also gives the Federal Housing Finance Agency discretion in setting the average asset maximum for certain community financial institutions to qualify for an advance. However, this maximum must not be more than $10 billion. Currently, a community financial institution must have less than $1 billion in average total assets to qualify. Furthermore, the bill exempts from taxation for two years after the conclusion of the COVID-19 emergency period certain municipal bonds guaranteed by an FHLB. The bill also increases the percentage of earnings FHLBs must annually contribute to the Affordable Housing Program and sets aside a specified percentage to benefit tribes under this program.

Promoting Service in Transportation Act This bill directs the Department of Transportation to establish and administer a transportation workforce outreach program to (1) increase awareness of transportation career opportunities; and (2) target awareness of professional opportunities in the transportation sector to diverse segments of the population, including with respect to race, sex, age, ethnicity, ability (including physical and mental ability), and socioeconomic status.

Affordable Housing Production Act This bill allows the Department of the Treasury to transfer Troubled Asset Relief Program funds to the Department of Housing and Urban Development's Housing Trust Fund. This fund provides grants to states to (1) increase and preserve the supply of rental housing for extremely low-income and very low-income families, including homeless families; and (2) increase homeownership for extremely low-income and very low-income families.

This resolution designates the week of May 9-May 15, 2021, as National Police Week.

Fairness for Immigrant Families Act This bill modifies provisions barring certain aliens from admission and addresses other immigration-related issues. The bill repeals various admissions bars against aliens who were unlawfully present in the United States for certain amounts of time. The bill also modifies a provision that generally makes inadmissible aliens who had been ordered removed and who attempt to reenter the United States without being admitted. Specifically, the bill exempts from that provision minors, asylum seekers, aliens who received a stay of removal under a family unity program, victims of severe trafficking, and certain aliens who entered the United States as children. An alien who entered the United States without inspection may apply for lawful permanent residence during the five-year period starting from this bill's enactment if the alien is the beneficiary of a family-based petition or labor certification. The bill also prohibits removing an alien with certain pending immigration-related applications, such as an application for a family-based immigrant visa, if the application is not obviously deficient. Before removing a parent or legal guardian of an individual who is less than 21 years old and a U.S. citizen or permanent resident, the Director of U.S. Immigration and Customs Enforcement must review and approve the removal. Furthermore, the bill makes it a crime to fraudulently provide immigration services. The Department of Justice must make grants to support enforcement of such laws and to assist victims. The bill establishes the National Office of New Americans to support the integration of immigrants and refugees.

Gym Mitigation and Survival Act of 2021 or the GYMS Act of 2021 This bill establishes a grant program to provide economic support to eligible fitness facilities in response to the COVID-19 (i.e., coronavirus disease 2019) pandemic. Specifically, the bill authorizes the Small Business Administration to make initial and supplemental grants to privately owned fitness facilities that primarily provide health or fitness services and that do not offer golf, hunting, sailing, or riding facilities. The total amount of grant funds for a recipient may not exceed $25 million, and the recipient must use these funds for payroll costs, rent or mortgage obligations, and other ordinary and necessary business expenses.

Dynamic Glass Act This bill includes electrochromic glass as energy property for purposes of the 30% energy tax credit. The bill defines electrochromic glass as glass that uses electricity to change its light transmittance properties to heat or cool a structure, but only with respect to property whose construction begins before January 1, 2024.

This resolution expresses support for the goals and ideals of National Nurses Week.

Mental Health Professionals Workforce Shortage Loan Repayment Act of 2021 This bill requires the Health Resources and Services Administration to establish a loan repayment program for mental health professionals who work in designated workforce-shortage areas.

This resolution expresses support for National Minority Health Month.