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H.R. 1693 · 113th Congress

To provide an exemption for community banks from the application of Basel III capital standards.

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Never voted on. It didn't reach a floor vote before the 113th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

TGR GriffinSponsor
9 cosponsors · 1 D, 8 R
RCR Crawford SWR Womack CSD Shea-Porter MTR Thornberry THR Huelskamp BGR Gibbs CLR Lummis JKR Kingston SBR Brooks

2 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

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.

What it does: CRS summary · Introduced in House · Apr 24, 2013

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.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: To provide an exemption for community banks from the application of Basel III capital standards.

Latest action (Apr 24, 2013): Referred to the House Committee on Financial Services.

Policy area: Finance and Financial Sector · Origin: House · Introduced: Apr 24, 2013

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.