Small Bank Holding Company Relief Act of 2018

United States115th CongressHR-4771House of Representatives
Updated: Feb 12, 2018

Summary

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.

Bill texts

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Timeline

  1. Considered as unfinished business. (consideration: CR H995)

    House of Representatives

  2. On passage Passed by the Yeas and Nays: 280 - 139 (Roll no. 66). (text of Amendment in nature of a substitute: CR H983)

    House of Representatives

    View vote

  3. Motion to reconsider laid on the table Agreed to without objection.

    House of Representatives

  4. Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    Senate