The House Financial Services and General Government (FSGG) Appropriations Act for fiscal year 2019 contains several regulatory relief provisions. The bill was released Wednesday and is expected to be marked up by the House FSGG subcommittee Thursday.
The bill calls for $191 million for the Community Development Financial Institution Fund, a decrease from last year’s $250 million. It funds NCUA’s Community Development Revolving Loan Fund at $2 million.
Regulatory relief provisions include:
It also includes language from several CUNA-backed bills, including: