Bill Sponsor
House Bill 1948
115th Congress(2017-2018)
Small Bank Holding Company Relief Act
Introduced
Introduced
Introduced in House on Apr 5, 2017
Overview
Text
Sponsor
Introduced
Apr 5, 2017
Latest Action
Apr 5, 2017
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
1948
Congress
115
Policy Area
Finance and Financial Sector
Finance and Financial Sector
Primary focus of measure is U.S. banking and financial institutions regulation; consumer credit; bankruptcy and debt collection; financial services and investments; insurance; securities; real estate transactions; currency. Measures concerning financial crimes may fall under Crime and Law Enforcement. Measures concerning business and corporate finance may fall under Commerce policy area. Measures concerning international banking may fall under Foreign Trade and International Finance policy area.
Sponsorship by Party
House Votes (0)
Senate Votes (0)
No House votes have been held for this bill.
Summary

Small Bank Holding Company Relief Act

This bill requires the Federal Reserve Board (FRB) to revise its Small Bank Holding Company Policy Statement on Assessment of Financial and Managerial Factors (which allows smaller bank companies to have higher debt levels than are generally allowed). Specifically, the FRB must raise the consolidated asset threshold at which the statement applies from $1 billion to $10 billion.

Text (1)
April 5, 2017
Actions (2)
04/05/2017
Referred to the House Committee on Financial Services.
04/05/2017
Introduced in House
Public Record
Record Updated
Jan 11, 2023 1:36:04 PM