Bills
H.R.6145

H.R.6145: Community Bank Relief Act of 2021

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Introduced Dec. 7, 2021
Latest Major Action Dec. 7, 2021

Bill Sponsor

Tracey Mann (R-Kan.)

Bill Cosponsors

24 (All Republicans)

Brian Fitzpatrick (R-Pa.)
Ralph Norman (R-S.C.)
Markwayne Mullin (R-Okla.)
Jake LaTurner (R-Kan.)
Michael Guest (R-Miss.)
August Pfluger (R-Texas)
Burgess Owens (R-Utah)
Mark Amodei (R-Nev.)
Peter Meijer (R-Mich.)
Tim Walberg (R-Mich.)
Rick Crawford (R-Ark.)
Trent Kelly (R-Miss.)
Ben Cline (R-Va.)
Barry Moore (R-Ala.)
Don Bacon (R-Neb.)
Steven Palazzo (R-Miss.)
David Schweikert (R-Ariz.)
Young Kim (R-Calif.)
John Rutherford (R-Fla.)
Kelly Armstrong (R-N.D.)
Randy Feenstra (R-Iowa)
Bob Gibbs (R-Ohio)
Chip Roy (R-Texas)
Jerry Carl (R-Ala.)

Bill Version

Introduced in House - Dec. 7, 2021

Bill Summary

Community Bank Relief Act of 2021 This bill requires banking agencies to set the community bank leverage ratio between 8% and 8.5% for calendar years 2022, 2023, and 2024 for community banks seeking to satisfy simplified capital adequacy requirements. Currently, banking agencies are statutorily required to set the rate between 8% and 10% through rulemaking. Under current regulations, the rate will increase from 8.5% to 9% on January 1, 2022.

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There is one statement associated with H.R.6145.

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Bill Actions

Date	Description
Dec. 7, 2021	Referred to the House Committee on Financial Services.
Dec. 7, 2021	Introduced in the House by Tracey Mann (R-Kan.)

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