HR 4771 · 115th Congress · Finance and Financial Sector

Small Bank Holding Company Relief Act of 2018

Introduced 2018-01-11· Sponsored by Rep. Love, Mia B. [R-UT-4]· House

Bill Progress

1
Introduced
Committee
House Vote
4
Senate
5
Enacted
Latest: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.(2018-02-12)

Recorded Votes

PassedHouse · 2018-02-08
Roll #66
Yea 280Nay 139
Democrats
50 Yea·139 Nay
Republicans
230 Yea·0 Nay
PassedHouse · 2018-02-08
Roll #66
Yea 280Nay 139
Democrats
50 Yea·139 Nay
Republicans
230 Yea·0 Nay

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Plain Language Summary

[AI summary unavailable — showing source text] Small Bank Holding Company Relief Act of 2018 This bill requires the Federal Reserve Board (FRB) to revise its Small Bank Holding Company Policy Statement on Assessment of Financial and Managerial Factors (which allows smaller bank companies to have higher debt levels than are generally allowed). Specifically, the FRB must raise the consolidated asset threshold at which the statement applies from $1 billion to $3 billion.…

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

CBO Cost Estimate

Congressional Budget Office

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

Feb 1, 2018

As ordered reported by the House Committee on Financial Services on January 18, 2017

Full CBO report ↗

Official non-partisan budget analysis by the Congressional Budget Office

Cosponsors (2)

2 Democrats