Bill115th CongressFiled Jul 27, 2017Finance and Financial Sector
S. 1647
A bill to require the appropriate Federal banking agencies to treat certain non-significant investments in the capital of unconsolidated financial institutions as qualifying capital instruments, and for other purposes.
Bill journey · stage 2 of 5
Under committee review
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What it doesSummary introduced in senate (Jul 27, 2017)
This bill requires federal banking agencies to treat as qualifying capital instruments certain investments in the capital of unconsolidated financial institutions. Specifically, the bill applies to investments in trust-preferred securities held prior to July 21, 2010, by a depository institution or holding company with assets of less than $15 billion.
What just happenedJul 27, 2017
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Who’s behind it
Sen. Wicker, Roger F. [R-MS](R-MS)Sponsor
4 cosponsors2 D2 R
4cosponsors1committees2actions1related bills8subjects
- Introduced in SenateJul 27, 2017
- Jul 27, 2017IntroReferral
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Banking, Housing, and Urban Affairs Committee - Jul 27, 2017IntroReferral10000
Introduced in Senate