Massachusetts H1177 amends bank reporting requirements to include community reinvestment goals.
Massachusetts H1177 modifies the reporting requirements for banks to include community reinvestment goals. This bill amends section 13 of chapter 167 of the General Laws to ensure that each report submitted by banks includes these goals. The intent is to enhance transparency and accountability in how banks contribute to community development.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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