HR 1693 · 113th Congress · Finance and Financial Sector
To provide an exemption for community banks from the application of Basel III capital standards.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Financial Services.(2013-04-24)
Plain Language Summary
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Directs the Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation (FDIC) to exempt from specified Basel III regulations community banks with consolidated assets of $50 billion or less.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (9)
1 Democrat8 Republicans