Small Bank Holding Company Relief Act of 2023
Latest action · Jun 23, 2023 Referred to the House Committee on Financial Services.
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.
- IntroducedJun 23, 2023
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Small Bank Holding Company Relief Act of 2023
This bill requires the Federal Reserve Board to raise the consolidated asset threshold under which a specified policy statement applies to small bank holding companies. The policy statement allows small bank holding companies to operate with higher debt levels than would be allowed for larger bank holding companies.
Cosponsors 8
Members who signed on, in the order they did. Signatures ran from Jun 23, 2023 to Apr 11, 2024; 5 are original cosponsors, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-TN | Andrew Ogles | Original | Jun 23, 2023 |
| R-KY | Andy Barr | Original | Jun 23, 2023 |
| R-FL | Byron Donalds | Original | Jun 23, 2023 |
| R-TX | Monica De La Cruz | Original | Jun 23, 2023 |
| R-IA | Zachary Nunn | Original | Jun 23, 2023 |
| R-MO | Blaine Luetkemeyer | Jul 17, 2023 | |
| R-TX | Roger Williams | Feb 9, 2024 | |
| R-AR | J. French Hill | Apr 11, 2024 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Financial Services Committee | Referred Jun 23, 2023 |
Actions 2
Everything that happened, newest first.
- Jun 23, 2023Introduced in House
- Jun 23, 2023Referred to the House Committee on Financial Services.
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Constitutional authority
The sponsor’s statement, as printed in the Congressional Record, vol. 169, no. 110, June 23, 2023, page H3144.
Printed hearings 3
Hearings whose printed record names this bill, newest first: hearings on it, and wider hearings where it came up.
| Number | Hearing | Committee | Held |
|---|---|---|---|
| S. Hrg. 118-467 | DIGGING DEEPER: BUILDING OUR CRITICAL MINERALS WORKFORCE47 pages | Health, Education, Labor, and Pensions Committee | Jun 12, 2024 |
| Serial No. 118-92 | OVERSIGHT OF PRUDENTIAL REGULATORS317 pages | Financial Services Committee | May 15, 2024 |
| Serial No. 118-19 | HEARING FOR THE PURPOSE OF RECEIVING TESTIMONY FROM THE HONORABLE THOMAS J. VILSACK, SECRETARY, U.S. DEPARTMENT OF AGRICULTURE253 pages | Agriculture Committee | Feb 14, 2024 |
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 8337 | Bank Resilience and Regulatory Improvement Act | Related bill | Dec 3, 2024 |
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To raise the consolidated assets threshold under the small bank holding company policy statement, and for other purposes.
- Short Title(s) as Introduced
- Small Bank Holding Company Relief Act of 2023
Subjects
Assigned by the Library of Congress. Policy area: Finance and Financial Sector.
Text 1
Each version as it was printed, newest first.
- Jun 23, 2023Introduced in House
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; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
