HR 4445 · 105th Congress · Finance and Financial Sector

Small Bank CRA Exemption Act

Introduced 1998-08-06· Sponsored by Rep. Bachus, Spencer [R-AL-6]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Financial Institutions and Consumer Credit.(1998-08-06)

Plain Language Summary

[AI summary unavailable — showing source text] Small Bank CRA Exemption Act - Amends the Community Reinvestment Act of 1977 to exclude depository institutions whose total assets do not exceed $250 million from its definition of regulated financial institution (thus exempting such entities from the requirements of the Act).…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (2)

2 Republicans
Rep. Baker, Richard H. [R-LA-6]LA
Rep. McCollum, Bill [R-FL-8]FL