H.R.1697: Communities First Act

About This Bill

Bill Cosponsors

91 (23 Democrats, 68 Republicans)

Bill Summary

Community Banks Serving Their Communities First Act or Communities First Act - Revises regulatory requirements for community banks, including through amendments to: (1) the Federal Deposit Insurance Act to permit certain insured depository institutions to submit a short form report of condition, and (2) the Sarbanes-Oxley Act of 2002 to exempt certain small-sized depository institutions from the annual management assessment of internal...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the Committee on Ways and Means, and in addition to the Committees on Financial Services, and Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to House Ways and Means
Referred to House Financial Services
Referred to House Agriculture
Referred to the Subcommittee on Department Operations, Oversight, and Credit.
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises.
Subcommittee Hearings Held.
May 3, 2011

Introduced in the House by Blaine Luetkemeyer (R-Mo.)

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