Page 26, after line 7, insert the following new section: SEC. 14. SENSE OF CONGRESS. It is the sense of Congress that the Federal Deposit Insurance Corporation and other bank regulators are sending mixed messages to banks regarding regulatory capital requirements and lending standards, which is a contributing cause of decreased small business lending and increased regulatory uncertainty at community banks.

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Amendment Number
698
Description
Page 26, after line 7, insert the following new section: SEC. 14. SENSE OF CONGRESS. It is the sense of Congress that the Federal Deposit Insurance Corporation and other bank regulators are sending mixed messages to banks regarding regulatory capital requirements and lending standards, which is a contributing cause of decreased small business lending and increased regulatory uncertainty at community banks.
Purpose
An amendment numbered 6 printed in part C of House Report 111-506 to express the Sense of Congress that small business lending is being hindered by mixed messages from federal financial regulators.
Congress
111
Type
HAMDT
Latest Action Date
Jun 16, 2010
Latest Action Text
On agreeing to the Price (GA) amendment (A005) Agreed to by voice vote.
Latest Action Time
12:03:26
Submitted Date
Jun 16, 2010
Chamber
House of Representatives
Update Date
Dec 5, 2020
Amendment 698 — Informed