Determination of Appropriate Risk-Based Capital Requirements for Community Financial Institutions Act of 2013

Summary

Determination of Appropriate Risk-Based Capital Requirements for Community Financial Institutions Act of 2013 - Directs the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (federal banking agencies) to conduct an empirical impact study before issuing a final rule in relation to proposed regulatory capital rules for the international Basel III agreement (Rules). Requires the study to include: (1) the potential impact of such Rules upon the U.S. financial services sector, specifically community, mid-size, and regional financial institutions; (2) the long-term impact of such Rules, including changes to the current risk weight framework; (3) the cost and complexity of the Rules for community financial institutions; (4) the potential indicators of community banks having to maintain higher leverage capital ratios and higher total risk-based capital ratios than non-community banks and whether such capital levels are commensurate with higher historical losses or greater risk; and (5) the impact of the Rules upon real estate markets, specifically residential mortgage lending and home equity lines of credit. Exempts this delay in rulemaking any rules applicable to global systemically important banks (as identified by the Financial Stability Board). Allows any financial institution to provide information for the study voluntarily upon agency request, but prohibits the agencies from requiring it. Requires the study to be made available to the public for notice and comment. Prohibits any regulation issued by the federal banking agencies to implement the Rules from taking effect until one year after enactment of this Act.

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Timeline

1. 27 June 2013

   Introduced

   Referred to the House Committee on Financial Services.

   Source: IntroReferral

2. 27 June 2013

   Introduced

   Introduced in House

   Source: IntroReferral

3. 27 June 2013

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 27 June 2013 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 27 June 2013

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 27 June 2013

  ViewDownloadOpen at official source

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• Introduced in House

  summary · EN · 27 June 2013

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  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Sen. Capito, Shelley Moore [R-WV] · R · Sponsor
• Rep. Meeks, Gregory W. [D-NY-5] · D · Sponsor
• Rep. Pittenger, Robert [R-NC-9] · R · Cosponsor
• Rep. Huizenga, Bill [R-MI-4] · R · Cosponsor
• Rep. Lucas, Frank D. [R-OK-3] · R · Cosponsor
• Rep. Pearce, Stevan [R-NM-2] · R · Cosponsor
• Rep. Miller, Gary G. [R-CA-42] · R · Cosponsor
• Rep. Murphy, Patrick [D-FL-18] · D · Cosponsor
• Rep. King, Peter T. [R-NY-2] · R · Cosponsor
• Rep. Womack, Steve [R-AR-3] · R · Cosponsor
• Rep. Palazzo, Steven M. [R-MS-4] · R · Cosponsor
• Rep. Griffin, Tim [R-AR-2] · R · Cosponsor
• Sen. Cotton, Tom [R-AR] · R · Cosponsor
• · hsba00 · Standing

Related records

• related to → Basel III CASE Act
• related to ← Protecting American Taxpayers and Homeowners Act of 2013
• related to ← Basel III CASE Act