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- S.1284
S.1284: Community Bank Relief Act
About This Bill
- Introduced May 25, 2017
- Latest Major Action May 25, 2017
Bill Sponsor
Bill Cosponsors
3 (1 Democrat, 1 Independent Democrat, 1 Republican)
Bill Version
- Introduced in Senate - May 25, 2017
Bill Summary
Community Bank Relief Act This bill directs the Federal Reserve Board to increase, from $1 billion to $5 billion, the consolidated asset threshold (i.e., permissible debt level) for a bank holding company or savings and loan holding company that: (1) is not engaged in significant nonbanking activities; (2) does not conduct significant off-balance-sheet activities; and (3) does not have a material amount of debt or equity securities, other than...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
| May 25, 2017 |
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
|
| May 25, 2017 |
Introduced in the Senate by Orrin G. Hatch (R-Utah) |