GovTrack’s Bill Summary
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Library of Congress Summary
The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.
Lower Mississippi Delta Development Financing Corporation Act - Establishes the Lower Mississippi Delta Development Financing Corporation (the Corporation) as a federally chartered private corporation, under the management of a board of directors appointed by the President, with the advice and consent of the Lower Mississippi Delta Region congressional delegation. Requires the Corporation to develop strategies and provide financial and technical assistance for building and expanding the economic base of the lower Mississippi delta region and communities within it. Sets forth the Corporation's powers, including acquiring the shares of insured depository institutions and holding companies located in the lower Mississippi delta region (passive investments). Authorizes appropriations to the President to make grants to the Corporation to implement this Act. Requires the Corporation to: (1) establish an advisory committee; and (2) report annually to the Congress.
House Republican Conference Summary
The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.
No summary available.
House Democratic Caucus Summary
The House Democratic Caucus does not provide summaries of bills.
So, yes, we display the House Republican Conference’s summaries when available even if we do not have a Democratic summary available. That’s because we feel it is better to give you as much information as possible, even if we cannot provide every viewpoint.
We’ll be looking for a source of summaries from the other side in the meanwhile.