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S. 1500

Keeping Capital Local for Underserved Communities Act of 2017

Keeping Capital Local for Underserved Communities Act of 2017

This bill specifies that certain reciprocal deposits shall not be considered to be brokered deposits. (Brokered deposits are subject to additional regulatory requirements, including those related to liquidity.)

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Sen. Warner, Mark R. [D-VA](D-VA)Sponsor
11 cosponsors4 D7 R
11cosponsors1committees2actions2related bills3subjects
  1. IntroReferral

    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    Banking, Housing, and Urban Affairs Committee
  2. IntroReferral10000

    Introduced in Senate

Keeping Capital Local for Underserved Communities Act of 2017 — Informed