Communities First Act : A Banking and Taxation Measure

Author / Creator

Library of Congress. Congressional Research Service

Available as

Online

Summary

Provides overview of H.R. 2061/S. 1568, both the Communities First Act, to provide regulatory and tax relief to small banks and tax benefits to savers and certain local government authorities and b...

Provides overview of H.R. 2061/S. 1568, both the Communities First Act, to provide regulatory and tax relief to small banks and tax benefits to savers and certain local government authorities and businesses. Reviews major regulatory and tax provisions of the Act, and summarizes arguments for and against the Act.

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