Bill

Bill > HR4725


US HR4725

US HR4725
Community Bank Reporting Relief Act


summary

Introduced
12/21/2017
In Committee
01/18/2018
Crossed Over
03/07/2018
Passed
Dead
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)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...