119th Congress

H.R. 3709

Advancing the Mentor-Protégé Program for Small Financial Institutions Act

Introduced
In committee
Passed House
Passed Senate
To President
Became law

Sponsor: Joyce Beatty(D-OH)
Introduced: Jun 4, 2025
Policy area: Finance and Financial Sector
Committees: House Committee on Financial Services; Senate Committee on Banking, Housing, and Urban Affairs
Official text: Referred in Senate · Congress.gov page

Cosponsors (0)

No cosponsors.

Summary

Summary by the Congressional Research Service· describes the “Reported to House” version

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.

Roll-call votes

No recorded votes on this bill.

Actions

May 13, 2026 · Senate
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
May 12, 2026 · House
Motion to reconsider laid on the table Agreed to without objection.
May 12, 2026 · House
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3356)
May 12, 2026 · House
DEBATE - The House proceeded with forty minutes of debate on H.R. 3709.
May 12, 2026 · House
Considered under suspension of the rules. (consideration: CR H3356-3357)
May 12, 2026 · House
Mr. Hill (AR) moved to suspend the rules and pass the bill, as amended.
Jul 15, 2025 · House
Placed on the Union Calendar, Calendar No. 168.
Jul 15, 2025 · House
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-205.
Jun 10, 2025
Ordered to be Reported (Amended) by the Yeas and Nays: 50 - 1.
Jun 10, 2025
Committee Consideration and Mark-up Session Held
Jun 4, 2025 · House
Referred to the House Committee on Financial Services.
Jun 4, 2025
Introduced in House