H.R.4771: Small Bank Holding Company Relief Act of 2018

About This Bill

Bill Sponsor

Bill Cosponsors

2 (All Democrats)

Bill Versions

Bill Summary

Small Bank Holding Company Relief Act of 2018 (Sec. 2) 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 $3 billion.

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There are 11 statements associated with H.R.4771.

Congressional Budget Office Estimate

The Congressional Budget Office has produced a cost estimate for H.R.4771.

Bill Actions

Date Description
Feb. 12, 2018
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Feb. 8, 2018

On passage Passed by the Yeas and Nays: 280 - 139 (Roll no. 66).

Feb. 8, 2018
Considered as unfinished business.
Feb. 8, 2018
Considered under the provisions of rule H. Res. 725.
Feb. 8, 2018
Motion to reconsider laid on the table Agreed to without objection.
Feb. 8, 2018
POSTPONED PROCEEDINGS - At the conclusion of debate on H.R. 4771, the Chair put the question on passage of the bill, and by voice vote announced that the ayes had prevailed. Mr. Hensarling demanded the yeas and nays, and the Chair postponed further proceedings on the question of passage until a time to be announced.
Feb. 8, 2018
The previous question was ordered pursuant to the rule.
Feb. 8, 2018
DEBATE - The House resumed debate on H.R. 4771.
Feb. 8, 2018
DEBATE - The House proceeded with one hour of debate on H.R. 4771.
Feb. 8, 2018
The resolution provides for one hour of debate on each measure. The resolution also waives the requirement of clause 6(a) of rule XIII for a two-thirds vote to consider a report from the Committee on Rules on the same day it is presented to the House with respect to any resolution reported through the legislative day of February 9, 2018. It shall be in order at any time on the legislative day of February 8, 2018 or February 9, 2018 for the Speaker to entertain motions to suspend the rules.
Feb. 8, 2018

On passage Passed by the Yeas and Nays: 280 - 139 (Roll no. 66). (text of Amendment in nature of a substitute: CR H983)

Feb. 8, 2018
Considered as unfinished business. (consideration: CR H995)
Feb. 8, 2018
Considered under the provisions of rule H. Res. 725. (consideration: CR H983-990; text of amendment in nature of a substitute: CR H983)
Feb. 6, 2018
Rule H. Res. 725 passed House.
Feb. 5, 2018
Rules Committee Resolution H. Res. 725 Reported to House. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. The rule provides for one hour of debate on each measure. The rule makes in order the amendment in the nature of a substitute consisting of the text printed in Rules Committee Print 115-57 to H.R. 4771. The rule also waives the requirement of clause 6(a) of rule XIII for a two-thirds vote to consider a report from the Committee on Rules on the same day it is presented to the House with respect to any resolution reported through the legislative day of February 9, 2018. It shall be in order at any time on the legislative day of February 8, 2018 or February 9, 2018 for the Speaker
Feb. 5, 2018
Rules Committee Resolution H. Res. 725 Reported to House. The resolution provides for one hour of debate on each measure. The resolution also waives the requirement of clause 6(a) of rule XIII for a two-thirds vote to consider a report from the Committee on Rules on the same day it is presented to the House with respect to any resolution reported through the legislative day of February 9, 2018. It shall be in order at any time on the legislative day of February 8, 2018 or February 9, 2018 for the Speaker to entertain motions to suspend the rules.
Feb. 2, 2018
Placed on the Union Calendar, Calendar No. 408.
Feb. 2, 2018
Reported by the Committee on Financial Services. H. Rept. 115-543.
Jan. 18, 2018
Ordered to be Reported by the Yeas and Nays: 41 - 14.
Jan. 18, 2018
Committee Consideration and Mark-up Session Held.
Jan. 17, 2018
Committee Consideration and Mark-up Session Held.
Jan. 11, 2018
Referred to the House Committee on Financial Services.
Jan. 11, 2018

Introduced in the House by Mia Love (R-Utah)

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