H.R. 4042 · 113th Congress
Community Bank Mortgage Servicing Asset Capital Requirements Study Act of 2014
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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.
R
LuetkemeyerSponsor12 cosponsors · 1 D, 11 R
R
Cotton
FL
R
Lucas
EP
D
Perlmutter
SW
R
Womack
TG
R
Griffin
LJ
R
Jenkins
JL
R
Lankford
RC
R
Crawford
TH
R
Huelskamp
RL
R
Latta
JK
R
Kline
EP
R
Paulsen4 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Community Bank Mortgage Servicing Asset Capital Requirements Study Act of 2014 - 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) (federal banking agencies) to study jointly the appropriate capital requirements for mortgage servicing assets for…
What it does: CRS summary · Introduced in House · Feb 11, 2014
Community Bank Mortgage Servicing Asset Capital Requirements Study Act of 2014 - 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) (federal banking agencies) to study jointly the appropriate capital requirements for mortgage servicing assets for any banking institution other than an institution identified by the Financial Stability Board as a global systemically important bank.
Prohibits regulations to implement the Global Regulatory Framework for More Resilient Banks and Banking Systems issued by the Basel Committee on Banking Supervision on December 16, 2010, as revised on June 1, 2011, (Basel III capital requirements) with respect to mortgage servicing assets for nonsystemic banking institutions from taking effect until six months after the report on the study is issued to Congress.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Community Bank Mortgage Servicing Asset Capital Requirements Study Act of 2014
Latest action (Jul 30, 2014): Ordered to be Reported (Amended) by the Yeas and Nays: 44 - 9.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Feb 11, 2014
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.