S. 731: Basel III CASE Act

Introduced:
Apr 16, 2013
Status:
Referred to Committee
Prognosis
4% chance of being enacted
See Instead:

H.R. 2295 (same title)
Referred to Committee — Jun 06, 2013

Track this bill
Sponsor
Joe Manchin III
Junior Senator from West Virginia
Party
Democrat
Text
Read Text »
Last Updated
Apr 16, 2013
Length
3 pages
Related Bills
H.R. 2295 (identical)

Referred to Committee
Last Action: Jun 06, 2013

H.R. 2767 (Related)
Protecting American Taxpayers and Homeowners Act of 2013

Reported by Committee
Last Action: Jul 24, 2013

 
Status

This bill was assigned to a congressional committee on April 16, 2013, which will consider it before possibly sending it on to the House or Senate as a whole.

Progress
Introduced Apr 16, 2013
Referred to Committee Apr 16, 2013
Reported by Committee ...
Passed Senate ...
Passed House ...
Signed by the President ...
Prognosis

10% chance of getting past committee.
4% chance of being enacted.

Only 11% of bills made it past committee and only about 3% were enacted in 2011–2013. [show factors | methodology]

 
Full Title

A bill to require the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency to conduct an empirical impact study on proposed rules relating to the International Basel III agreement on general risk-based capital requirements, as they apply to community banks.

Summary

No summaries available.

Cosponsors
21 cosponsors (13R, 7D, 1I) (show)
Committees

Senate Banking, Housing, and Urban Affairs

The committee chair determines whether a bill will move past the committee stage.

 
Primary Source

THOMAS.gov (The Library of Congress)

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Notes

S. stands for Senate bill.

A bill must be passed by both the House and Senate in identical form and then be signed by the president to become law.

The bill’s title was written by its sponsor.

GovTrack’s Bill Summary

We don’t have a summary available yet.

Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.


4/16/2013--Introduced.
Basel III Commonsense Approach for Small Entities Act or Basel III CASE Act - Directs the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency, before issuing any final rule in relation to proposals they have issued for the International Basel III agreement on general risk-based capital requirements, to conduct an empirical study that includes:
(1) a quantitative analysis of the rule's impact on the U.S. financial services sector, specifically community, mid-size, and regional financial institutions; and
(2) a determination of the long-term impact of the rule, including changes to the current risk weight framework.
Allows any financial institution to provide information for the study voluntarily upon agency request, but prohibits agencies from requiring it.
Requires the study to be made available to the public for notice and comment.

House Republican Conference Summary

The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.


No summary available.

House Democratic Caucus Summary

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So, yes, we display the House Republican Conference’s summaries when available even if we do not have a Democratic summary available. That’s because we feel it is better to give you as much information as possible, even if we cannot provide every viewpoint.

We’ll be looking for a source of summaries from the other side in the meanwhile.

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