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HOUSE 3709119th CongressReceived in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Advancing the Mentor-Protégé Program for Small Financial Institutions Act

Last Action
5/13/2026

Actions

  • 2026-05-13Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • 2026-05-12Motion to reconsider laid on the table Agreed to without objection.
  • 2026-05-12On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3356)
  • 2026-05-12Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3356)
  • 2026-05-12DEBATE - The House proceeded with forty minutes of debate on H.R. 3709.
  • 2026-05-12Considered under suspension of the rules. (consideration: CR H3356-3357)
  • 2026-05-12Mr. Hill (AR) moved to suspend the rules and pass the bill, as amended.
  • 2025-07-15Placed on the Union Calendar, Calendar No. 168.
  • 2025-07-15Reported (Amended) by the Committee on Financial Services. H. Rept. 119-205.
  • 2025-07-15Reported (Amended) by the Committee on Financial Services. H. Rept. 119-205.
  • 2025-06-10Ordered to be Reported (Amended) by the Yeas and Nays: 50 - 1.
  • 2025-06-10Committee Consideration and Mark-up Session Held
  • 2025-06-04Referred to the House Committee on Financial Services.
  • 2025-06-04Introduced in House
  • 2025-06-04Introduced in House

CRS Summary

As of 2025-07-15 (07)

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. 

Subjects

  • Corporate finance and management
  • Employment and training programs
  • Financial services and investments
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