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H.R. 5913House119th Congress (2025-2027)In Committee

Community Investment and Prosperity Act

Sponsored by Michael LawlerRep. Michael Lawler (R-NY)
Introduced November 4, 2025

AI-Generated Summary

Updated November 23, 2025 at 7:58 PM UTC

The Community Investment and Prosperity Act lets the main banking regulators increase how much money national banks and state‑member banks may put into projects that benefit the public. It changes the existing cap from 15 to 20, giving banks more flexibility to support community development and other public‑welfare activities.

Key Provisions

  • Allows the Comptroller of the Currency and the Federal Reserve Board to raise the total amount that national banks and state‑member banks can invest for public‑welfare purposes, changing the limit from 15 to 20.
  • Amends the relevant sections of the Revised Statutes and the Federal Reserve Act to reflect the new 20‑unit limit.

Legislative Activity

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1 earlier action
HouseIntro Referral Latest Action

Referred to the House Committee on Financial Services.

Financial Services Committee

November 4, 2025

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HouseIntro Referral

Introduced in House

November 4, 2025

HouseIntro Referral

Referred to the House Committee on Financial Services.

Financial Services Committee

November 4, 2025

Bill Text

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Introduced in HouseIssued November 4, 2025

I

119th CONGRESS

1st Session

H. R. 5913

IN THE HOUSE OF REPRESENTATIVES

November 4, 2025

Mr. Lawler (for himself, Mrs. Beatty, and Mrs. Kim) introduced the following bill; which was referred to the Committee on Financial Services

A BILL

To allow the Comptroller of the Currency and the Board of Governors of the Federal Reserve System to increase the aggregate amount of investments that a national banking association and a State member bank may make to promote the public welfare, and for other purposes.

1.

Short title

This Act may be cited as the Community Investment and Prosperity Act.

2.

Investments to promote the public welfare

(a)

Revised Statutes

The paragraph designated as the Eleventh of section 5136 of the Revised Statutes of the United States (12 U.S.C. 24) is amended, in the fifth sentence, by striking 15 each place the term appears and inserting 20.

(b)

Federal Reserve Act

The 23rd paragraph of section 9 of the Federal Reserve Act (12 U.S.C. 338a) is amended, in the fifth sentence, by striking 15 each place the term appears and inserting 20.