To provide an exemption for community banks from the application of Basel III capital standards.

Fact Sheet API

Bill Number

HR 1693

Introduced

Apr 24, 2013

Latest Action

Referred to the House Committee on Financial Services.

Sponsor

Cosponsors

Topics

Administrative law and regulatory procedures Bank accounts, deposits, capital Banking and financial institutions regulation Department of the Treasury Federal Deposit Insurance Corporation (FDIC) Federal Reserve System Finance and Financial Sector

Full Text

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Votes

Summary

Directs the Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation (FDIC) to exempt from specified Basel III regulations community banks with consolidated assets of $50 billion or less.

Actions

Apr 24, 2013

Referred to the House Committee on Financial Services.
Apr 24, 2013

Introduced in House

Amendments

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