VotedBy VotedBy ⌕
Election Day · Tue, Nov 3See how your members of Congress voted →

H.R. 2987 · 114th Congress

Community Bank Capital Clarification Act

Key: what the circles and colors mean

Each circle is a bill. The ring fills as it moves through Congress:

IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

Under the number: the Yea · Nay count of its final (or latest) recorded vote. On a member's page, the small badge is how that member voted: Y Yea / Aye, N Nay / No, P Present, – Not voting.

Gold and violet are only for Yea and Nay; they never mean a party. A member's party is the letter on their photo.

Never voted on. It didn't reach a floor vote before the 114th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

GMD MeeksSponsor
41 cosponsors · 21 D, 20 R

This bill amends the Financial Stability Act of 2010 with respect to:

What it does: CRS summary · Introduced in House · Jul 8, 2015

Community Bank Capital Clarification Act

This bill amends the Financial Stability Act of 2010 with respect to:

  • minimum leverage capital requirements and minimum risk-based capital requirements for depository institution holding companies;
  • mandatory deductions from actual capital in the calculation of such minimum capital requirements for certain investments by such institutions, especially in financial subsidiaries; and
  • the exemption from such capital deductions for the debt or equity instruments issued by certain smaller institutions.

A depository institution holding company exempted from capital deductions because it had less than $15 billion of total consolidated assets at the end of a quarterly financial reporting period after December 31, 2009, shall continue to be treated as an exempt institution as long it has total consolidated assets of less than $15 billion.

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

About this bill and sources

Official title: Community Bank Capital Clarification Act

Latest action (Oct 21, 2015): Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Referral.

Policy area: Finance and Financial Sector · Origin: House · Introduced: Jul 8, 2015

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

No recorded floor vote found.