H.R.3109: Common Sense Economic Recovery Act of 2015

About This Bill

Bill Sponsor

Bill Summary

Common Sense Economic Recovery Act of 2015 This bill cites circumstances under which, for purposes of determining capital requirements or measuring an insured depository institution's capital, such an institution may treat a non-accrual loan as an accrual loan. (Non-accrual [also known as non-performing or doubtful] loans are those on which interest is overdue and full collection of principal is uncertain, and so interest, if it has not been...

(Source: Library of Congress)

Bill Actions

Date Description
July 16, 2015
Referred to the House Committee on Financial Services.
July 16, 2015

Introduced in the House by Bill Posey (R-Fla.)

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