Small Bank Holding Company Relief Act of 2018

Bill: 115-hr-4771
Sponsor: Rep. Love, Mia B. [R-UT-4]
Introduced: 2018-01-11 in the House
Policy area: Finance and Financial Sector
Subjects: Administrative law and regulatory procedures
Bank accounts, deposits, capital
Banking and financial institutions regulation
Federal Reserve System

Summary:
action_date: 2018-01-11
text: 

Small Bank Holding Company Relief Act

 of 2018

 
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.

action_date: 2018-02-02
text: 
(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)
 

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.

action_date: 2018-02-08
text: 

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.


Legislative actions:
action_date: 2018-02-12
text: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
action_date: 2018-02-08
text: Motion to reconsider laid on the table Agreed to without objection.
action_date: 2018-02-08
text: On passage Passed by the Yeas and Nays: 280 - 139 (Roll no. 66). (text of Amendment in nature of a substitute: CR H983)
action_date: 2018-02-08
text: Passed/agreed to in House: On passage Passed by the Yeas and Nays: 280 - 139 (Roll no. 66).(text of Amendment in nature of a substitute: CR H983)
action_date: 2018-02-08
text: Considered as unfinished business. (consideration: CR H995)
action_date: 2018-02-08
text: POSTPONED PROCEEDINGS - At the conclusion of debate on H.R. 4771, the Chair put the question on passage of the bill, and by voice vote announced that the ayes had prevailed. Mr. Hensarling demanded the yeas and nays, and the Chair postponed further proceedings on the question of passage until a time to be announced.
action_date: 2018-02-08
text: The previous question was ordered pursuant to the rule.
action_date: 2018-02-08
text: DEBATE - The House resumed debate on H.R. 4771.
action_date: 2018-02-08
text: DEBATE - The House proceeded with one hour of debate on H.R. 4771.
action_date: 2018-02-08
text: The resolution provides for one hour of debate on each measure. The resolution also waives the requirement of clause 6(a) of rule XIII for a two-thirds vote to consider a report from the Committee on Rules on the same day it is presented to the House with respect to any resolution reported through the legislative day of February 9, 2018. It shall be in order at any time on the legislative day of February 8, 2018 or February 9, 2018 for the Speaker to entertain motions to suspend the rules.
action_date: 2018-02-08
text: Considered under the provisions of rule H. Res. 725. (consideration: CR H983-990; text of amendment in nature of a substitute: CR H983)
action_date: 2018-02-06
text: Rule H. Res. 725 passed House.
action_date: 2018-02-05
text: Rules Committee Resolution H. Res. 725 Reported to House. The resolution provides for one hour of debate on each measure. The resolution also waives the requirement of clause 6(a) of rule XIII for a two-thirds vote to consider a report from the Committee on Rules on the same day it is presented to the House with respect to any resolution reported through the legislative day of February 9, 2018. It shall be in order at any time on the legislative day of February 8, 2018 or February 9, 2018 for the Speaker to entertain motions to suspend the rules.
action_date: 2018-02-02
text: Placed on the Union Calendar, Calendar No. 408.
action_date: 2018-02-02
text: Reported by the Committee on Financial Services. H. Rept. 115-543.
action_date: 2018-02-02
text: Reported by the Committee on Financial Services. H. Rept. 115-543.
action_date: 2018-01-18
text: Ordered to be Reported by the Yeas and Nays: 41 - 14.
action_date: 2018-01-18
text: Committee Consideration and Mark-up Session Held.
action_date: 2018-01-17
text: Committee Consideration and Mark-up Session Held.
action_date: 2018-01-11
text: Referred to the House Committee on Financial Services.
action_date: 2018-01-11
text: Introduced in House
action_date: 2018-01-11
text: Introduced in House