summary
Introduced
12/21/2017
12/21/2017
In Committee
01/18/2018
01/18/2018
Crossed Over
03/07/2018
03/07/2018
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
115th Congress
Bill Summary
Community Bank Reporting Relief Act (Sec. 2) This bill amends the Federal Deposit Insurance Act to require federal banking agencies to issue regulations allowing certain small depository institutions to satisfy reporting requirements with a reduced Report of Condition and Income (i.e., call report).
AI Summary
This bill, the Community Bank Reporting Relief Act, amends the Federal Deposit Insurance Act to require federal banking agencies to issue regulations allowing certain small depository institutions (those with less than $5 billion in total consolidated assets and that meet other criteria) to satisfy reporting requirements with a reduced Report of Condition and Income, also known as a "call report." This is intended to provide reporting relief for community banks.
Committee Categories
Business and Industry, Housing and Urban Affairs
Sponsors (4)
Last Action
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (on 03/07/2018)
Official Document
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bill summary
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bill summary
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