A bill to allow more small insured depository institutions to qualify for the 18-month on-site examination cycle, and for other purposes.
Latest action · Apr 16, 2015 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedApr 16, 2015
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
This bill amends the Federal Deposit Insurance Act to increase from $500 million to $1 billion the asset size of small insured depository institutions eligible for 18-month on-site examination cycles.
A federal banking agency is granted discretion to increase the asset ceiling amount from $100 million to $1 billion (currently from $100 million to $500 million) if the greater asset size would be consistent with the principles of safety and soundness.
Cosponsors 3
Members who signed on, in the order they did. Signatures ran from Apr 16, 2015 to May 5, 2015, with 1 there on the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-IN | Joe Donnelly | Original | Apr 16, 2015 |
| I-ME | Angus S. King Jr. | Apr 28, 2015 | |
| D-VA | Mark R. Warner | May 5, 2015 |
Actions 2
Everything that happened, newest first.
- Apr 16, 2015Introduced in Senate
- Apr 16, 2015Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 1553 | Small Bank Exam Cycle Reform Act of 2015 | Related bill | Oct 7, 2015 |
Subjects
Assigned by the Library of Congress. Policy area: Finance and Financial Sector.
Text 1
Each version as it was printed, newest first.
- Apr 16, 2015Introduced in Senate
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.