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H.R. 4771: Small Bank Holding Company Relief Act of 2018

About the bill

Source: Republican Policy Committee

H.R. 4771 would require the Federal Reserve Board to apply its Small Bank Holding Company Policy Statement to banks and savings and loan holding companies with pro forma consolidated assets of less than $3 billion. The Small Bank Holding Company Policy Statement currently applies to bank holding companies with assets less than $1 billion.

The Federal Reserve Board (Board) subjects bank holding companies (BHCs) to consolidated, risk-based and leverage capital adequacy guidelines to ensure BHCs are able to serve as a source of strength for their insured depository subsidiaries ...

Sponsor and status

Mia Love

Sponsor. Representative for Utah's 4th congressional district. Republican.

Read Text »
Last Updated: Feb 12, 2018
Length: 3 pages
Introduced:

Jan 11, 2018

Status:

Passed House (Senate next) on Feb 8, 2018

This bill passed in the House on February 8, 2018 and goes to the Senate next for consideration.

Prognosis:

4% chance of being enacted according to Skopos Labs (details)

History

Jan 11, 2018
 
Introduced

Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.

Jan 17, 2018
 
Considered by House Committee on Financial Services

A committee held a hearing or business meeting about the bill.

Jan 18, 2018
 
Ordered Reported

A committee has voted to issue a report to the full chamber recommending that the bill be considered further. Only about 1 in 4 bills are reported out of committee.

Feb 2, 2018
 
Reported by House Committee on Financial Services

A committee issued a report on the bill, which often provides helpful explanatory background on the issue addressed by the bill and the bill's intentions.

Feb 8, 2018
 
Passed House (Senate next)

The bill was passed in a vote in the House. It goes to the Senate next.

Pending
 
Passed Senate

Pending
 
Signed by the President

H.R. 4771 is a bill in the United States Congress.

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

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“H.R. 4771 — 115th Congress: Small Bank Holding Company Relief Act of 2018.” www.GovTrack.us. 2018. September 18, 2018 <https://www.govtrack.us/congress/bills/115/hr4771?utm_campaign=govtrack_feed&utm_source=govtrack/feed&utm_medium=rss>

Where is this information from?

GovTrack automatically collects legislative information from a variety of governmental and non-governmental sources. This page is sourced primarily from Congress.gov, the official portal of the United States Congress. Congress.gov is generally updated one day after events occur, and so legislative activity shown here may be one day behind. Data via the congress project.