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H.R.4771 - Small Bank Holding Company Relief Act of 2018115th Congress (2017-2018) |

Bill

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Sponsor: Rep. Love, Mia B. [R-UT-4] (Introduced 01/11/2018)
Committees: House - Financial Services | Senate - Banking, Housing, and Urban Affairs
Committee Reports: H. Rept. 115-543
Latest Action: Senate - 02/12/2018 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.  (All Actions)
Roll Call Votes: There has been 1 roll call vote

Tracker:

This bill has the status Passed House

Here are the steps for Status of Legislation:

  1. Introduced
  2. Passed House
  3. Passed Senate
  4. To President
  5. Became Law

More on This Bill

  • Constitutional Authority Statement
  • CBO Cost Estimates [1]

Subject — Policy Area:

Summary: H.R.4771 — 115th Congress (2017-2018)All Information (Except Text)

Bill summaries are authored by CRS.

Shown Here:
Passed House amended (02/08/2018)

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.