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H.R. 1948

Small Bank Holding Company Relief Act

Small Bank Holding Company Relief Act

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 $10 billion.

Referred to the House Committee on Financial Services.

Rep. Love, Mia B. [R-UT-4](R-UT)Sponsor
1 cosponsor1 R
1cosponsors1committees3actions6related bills4subjects
  1. IntroReferralH11100

    Referred to the House Committee on Financial Services.

    Financial Services Committee
  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

Small Bank Holding Company Relief Act — Informed