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119th Congress · Senate bill · Last action Feb 26, 2026
Bills›Finance and Financial Sector›S. 3940Congress.gov ↗
S. 3940In CommitteeFinance and Financial Sector

Republicans propose expanding access to financing for community development.

Sponsor: Sen. Daines, Steve (R-MT)43 cosponsorsIntroduced Feb 26, 2026
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In plain English

A plain-English summary isn’t available for this bill yet.

Where it is in the process

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Introduced
Feb 26
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Senate committee
Feb 26
3
Senate floor
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4
House
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5
Signed
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What happens next: Sits in committee. Needs a markup or favorable report to advance to the Senate floor.

Sponsor

Cosponsors (43)

MS
MS
TS
MS
AS
JS
CS
+36
15 Democrats, 15 Republicans (of 30 shown).

Activity timeline

Feb 26
Feb 26
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Feb 26
Feb 26
Introduced in Senate
Read the bill text
Official text via Congress.gov. Opens in a new tab.
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Full action log

All 2 recorded actions since introduction · Source: Congress.gov
Feb 26
SENATERead twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Feb 26
Introduced in Senate

All 30 cosponsors

15 Democrats · 15 Republicans
Democrats (15)
Republicans (15)

In the news

New Bill: Senator Steve Daines introduces S. 3940: Access to Fair Financing for Opportunity and Resilient Development Act - Quiver Quantitative
225AC-3BP-3940 Is Safe, Shows Activity in Heavily Pretreated Advanced Breast Cancer - CancerNetwork
‘Once this is over, we’ll be kings’: How Lev Parnas worked his way into Trump’s world — and now is rattling it - The Washington Post
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