H.R. 1356 · 112th Congress
Capital Access for Main Street Act of 2011
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Never voted on. It didn't reach a floor vote before the 112th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
16 cosponsors · 7 D, 9 R
3 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Capital Access for Main Street Act of 2011 - Authorizes an insured depository institution with assets of less than $10 billion, for purposes of capital calculation under the Financial Institutions Examination Council's Consolidated Reports of Condition and Income, to choose to amortize any loss or write-down, on a quarterly straight-line basis over a…
What it does: CRS summary · Introduced in House · Apr 4, 2011
Capital Access for Main Street Act of 2011 - Authorizes an insured depository institution with assets of less than $10 billion, for purposes of capital calculation under the Financial Institutions Examination Council's Consolidated Reports of Condition and Income, to choose to amortize any loss or write-down, on a quarterly straight-line basis over a seven-year period, which it has incurred with respect to: (1) a loan secured by commercial real estate, or (2) other real estate owned.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Capital Access for Main Street Act of 2011
Latest action (May 2, 2011): Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Apr 4, 2011
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.