Sec. 1. Short title; table of contents
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This Act may be cited as the . Ensuring Diversity in Community Banking Act The table of contents for this Act is as follows: Sec. 1. Short title; table of contents. Sec. 2. Sense of Congress on funding the loan-loss reserve fund for small dollar loans. Sec. 3. Definitions. Sec. 4. Inclusion of women’s banks in the definition of minority depository institution. Sec. 5. Establishment of impact bank designation. Sec. 6. Minority Depositories Advisory Committees. Sec. 7. Federal deposits in minority depository institutions.
Sec. 8. Minority Bank Deposit Program. Sec. 9. Diversity report and best practices. Sec. 10. Investments in minority depository institutions and impact banks. Sec. 11. Report on covered mentor-protege programs. Sec. 12. Custodial deposit program for covered minority depository institutions and impact banks. Sec. 13. Streamlined community development financial institution applications and reporting. Sec. 14. Task force on lending to small business concerns. Sec. 15. Discretionary surplus funds.
Sec. 16. Determination of Budgetary Effects.