To raise the consolidated assets threshold under the small bank holding company policy statement, and for other purposes.
Small Bank Holding Company Relief Act
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 $10 billion.
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Committee on Appropriations Senate Subcommittee on Financial Services and General Government. Hearings held on the subject prior to measure being received from the House. Hearings printed: S. Hrg. 115-191.
Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-108.
Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 230.
Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Referral.
Became Public Law No: 115-174.
Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
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