Bill > HR6536

This bill, titled the "Rural Depositories Revitalization Study Act," mandates that the Federal banking agencies, which include the Board of Governors of the Federal Reserve System, the Comptroller of the Currency, and the Federal Deposit Insurance Corporation, conduct a joint study to find ways to boost the growth, financial strength (capital adequacy), and earnings (profitability) of financial institutions that primarily serve rural areas. The study will also pinpoint any federal laws or rules from these banking agencies that hinder these improvements or the creation of new financial institutions in rural areas. The bill defines "depository institution" as a financial institution that accepts deposits, and "rural" according to a specific regulation in the Code of Federal Regulations. Within one year of the bill becoming law, these agencies must present a report to Congress detailing their findings.

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https://www.congress.gov/bill/119th-congress/house-bill/6536/all-info