H.R. 1693 — To provide an exemption for community banks from the application of Basel III capital standards.

Summary

Directs the Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation (FDIC) to exempt from specified Basel III regulations community banks with consolidated assets of $50 billion or less.

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Legislative Actions

2013-04-24
Introduced in House
2013-04-24
Introduced in House
2013-04-24
Referred to the House Committee on Financial Services.

To provide an exemption for community banks from the application of Basel III capital standards.

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