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HOUSE 4346118th CongressReferred to the House Committee on Financial Services.

Small Bank Holding Company Relief Act of 2023

Last Action
6/23/2023

Actions

  • 2023-06-23Referred to the House Committee on Financial Services.
  • 2023-06-23Introduced in House
  • 2023-06-23Introduced in House

CRS Summary

As of 2023-06-23 (00)

Small Bank Holding Company Relief Act of 2023

This bill requires the Federal Reserve Board to raise the consolidated asset threshold under which a specified policy statement applies to small bank holding companies. The policy statement allows small bank holding companies to operate with higher debt levels than would be allowed for larger bank holding companies.

Cosponsors (8)

  • Andy Barr (R-KY)
  • Byron Donalds (R-FL)
  • Monica De La Cruz (R-TX)
  • Andrew Ogles (R-TN)
  • Zachary Nunn (R-IA)
  • Blaine Luetkemeyer (R-MO)
  • Roger Williams (R-TX)
  • J. Hill (R-AR)
Read on Congress.gov

Sourced from Congress.gov (public domain).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.