Bill Sponsor
BILLSPONSOR
Bill Sponsor
Politicians
Bills
House Bill 1948
115th Congress(2017-2018)
Small Bank Holding Company Relief Act
Introduced
Introduced
Introduced in House on Apr 5, 2017
Overview
Text
Introduced in House 
Apr 5, 2017
Not Scanned for Linkage
About Linkage
Multiple bills can contain the same text. This could be an identical bill in the opposite chamber or a smaller bill with a section embedded in a larger bill.
Bill Sponsor regularly scans bill texts to find sections that are contained in other bill texts. When a matching section is found, the bills containing that section can be viewed by clicking "View Bills" within the bill text section.
Bill Sponsor is currently only finding exact word-for-word section matches. In a future release, partial matches will be included.
Introduced in House(Apr 5, 2017)
Apr 5, 2017
Not Scanned for Linkage
About Linkage
Multiple bills can contain the same text. This could be an identical bill in the opposite chamber or a smaller bill with a section embedded in a larger bill.
Bill Sponsor regularly scans bill texts to find sections that are contained in other bill texts. When a matching section is found, the bills containing that section can be viewed by clicking "View Bills" within the bill text section.
Bill Sponsor is currently only finding exact word-for-word section matches. In a future release, partial matches will be included.
Jump To
H. R. 1948 (Introduced-in-House)


115th CONGRESS
1st Session
H. R. 1948


To raise the consolidated assets threshold under the small bank holding company policy statement, and for other purposes.

IN THE HOUSE OF REPRESENTATIVES

April 5, 2017

Mrs. Love (for herself and Mr. Luetkemeyer) introduced the following bill; which was referred to the Committee on Financial Services

A BILL

To raise the consolidated assets threshold under the small bank holding company policy statement, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “Small Bank Holding Company Relief Act”.

SEC. 2. Changes required to small bank holding company policy statement on assessment of financial and managerial factors.

(a) In general.—Before the end of the 6-month period beginning on the date of the enactment of this Act, the Board of Governors of the Federal Reserve System shall revise the Small Bank Holding Company Policy Statement on Assessment of Financial and Managerial Factors (12 C.F.R. part 225—appendix C) to raise the consolidated asset threshold under such policy statement from $1,000,000,000 (as adjusted by Public Law 113–250) to $10,000,000,000.

(b) Conforming amendment.—Subparagraph (C) of section 171(b)(5) of the Dodd-Frank Wall Street Reform and Consumer Protection Act (12 U.S.C. 5371(b)(5)) is amended to read as follows:

“(C) any bank holding company or savings and loan holding company that is subject to the application of the Small Bank Holding Company Policy Statement on Assessment of Financial and Managerial Factors of the Board of Governors (12 C.F.R. part 225—appendix C).”.