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- H.R.1948
H.R.1948: Small Bank Holding Company Relief Act
About This Bill
- Introduced April 5, 2017
- Latest Major Action April 5, 2017
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsor
Bill Version
- Introduced in House - April 5, 2017
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.
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
| April 5, 2017 |
Referred to the House Committee on Financial Services.
|
| April 5, 2017 |
Introduced in the House by Mia Love (R-Utah) |