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Bill Tracker / 119th Congress / H.R. 3709

H.R. 3709 · 119th Congress

Advancing the Mentor-Protégé Program for Small Financial Institutions Act

Introduced→
In Committee→
Passed One Chamber→
Passed Both Chambers→
Became Law

Latest action: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. — 05/13/2026

What This Bill Does

Advancing the Mentor-Protégé Program for Small Financial Institutions Act

This bill establishes the Financial Agent Mentor-Protégé Program within the Department of the Treasury. The program provides participating minority and rural depository institutions and small financial institutions with mentorship from large financial institutions or from financial agents designated by Treasury. This mentorship prepares protégé institutions to improve service capacity or to perform as financial agents for the federal government.

Summary as of 07/15/2025, via Congress.gov / Congressional Research Service.

Sponsor
Joyce Beatty ↗
D · Ohio
Introduced
06/04/2025
Policy Area
Finance and Financial Sector
📋 Full Bill Text & History on Congress.gov ↗

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