HR 3128 · 112th Congress · Finance and Financial Sector

To amend the Dodd-Frank Wall Street Reform and Consumer Protection Act to adjust the date on which consolidated assets are determined for purposes of exempting certain instruments of smaller institutions from capital deductions.

Introduced 2011-10-06· Sponsored by Rep. Grimm, Michael G. [R-NY-13]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Placed on the Union Calendar, Calendar No. 406.(2012-06-29)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to add March 31, 2010, as a date for calculation of total consolidated assets, for purposes of exempting certain debt or equity instruments of smaller financial institutions from capital deductions requirements.…

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

CBO Cost Estimate

Congressional Budget Office

H.R. 3128, a bill to amend the Dodd-Frank Wall Street Reform and Consumer Protection Act to adjust the date on which consolidated assets are determined for purposes of exempting certain instruments of smaller institutions from capital deductions

Jun 19, 2012

As ordered reported by the House Committee on Financial Services on May 31, 2012

Full CBO report ↗

Official non-partisan budget analysis by the Congressional Budget Office

Cosponsors (8)

4 Democrats4 Republicans