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United States · Bill · HR

H.R. 2987 (114th)

Community Bank Capital Clarification Act

openUnited States· United States Congress· EN

Introduced

8 July 2015

Last action

21 October 2015 · Committee

Status

Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Referral.

Sponsors

Rep. Meeks, Gregory W. [D-NY-5], Rep. King, Peter T. [R-NY-2], Rep. Maloney, Carolyn B. [D-NY-12], Rep. Luetkemeyer, Blaine [R-MO-3], Rep. Beatty, Joyce [D-OH-3], Rep. Barr, Andy [R-KY-6], Rep. Vargas, Juan [D-CA-52], Sen. Sinema, Kyrsten [I-AZ], Rep. Wagner, Ann [R-MO-2], Rep. Lucas, Frank D. [R-OK-3], Rep. Ross, Dennis A. [R-FL-15], Rep. Mulvaney, Mick [R-SC-5], Rep. Pittenger, Robert [R-NC-9], Rep. Delaney, John K. [D-MD-6], Rep. Capuano, Michael E. [D-MA-8], Rep. Murphy, Patrick [D-FL-18], Rep. Rothfus, Keith J. [R-PA-12], Rep. Messer, Luke [R-IN-6], Rep. Sherman, Brad [D-CA-32], Rep. Emmer, Tom [R-MN-6], Rep. Katko, John [R-NY-24], Rep. Williams, Roger [R-TX-25], Rep. Dold, Robert J. [R-IL-10], Rep. Clay, Wm. Lacy [D-MO-1], Rep. Heck, Denny [D-WA-10], Rep. Crowley, Joseph [D-NY-14], Rep. Stefanik, Elise M. [R-NY-21], Rep. Stivers, Steve [R-OH-15], Rep. Hinojosa, Ruben [D-TX-15], Rep. Ellison, Keith [D-MN-5], Rep. Donovan, Daniel M., Jr. [R-NY-11], Rep. Israel, Steve [D-NY-3], Rep. Lowey, Nita M. [D-NY-17], Rep. Moore, Gwen [D-WI-4], Rep. Kaptur, Marcy [D-OH-9], Rep. Pearce, Stevan [R-NM-2], Rep. Collins, Chris [R-NY-27], Rep. Fudge, Marcia L. [D-OH-11], Rep. Gibson, Christopher P. [R-NY-19], Rep. Maloney, Sean Patrick [D-NY-18], Rep. Perlmutter, Ed [D-CO-7], Rep. Sewell, Terri A. [D-AL-7]

Subjects

Discovery layer

Source updated

12 August 2025

Official sourceDownload fileView documentsShare

Summary

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.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 8 July 2015

    Introduced

    Referred to the House Committee on Financial Services.

    Source: IntroReferral

  2. 8 July 2015

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 8 July 2015

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 21 October 2015

    Committee

    Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Referral.

    Source: Committee

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 8 July 2015

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  • Introduced in House (PDF)

    Introduced in House · EN · 8 July 2015

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  • Introduced in House

    summary · EN · 8 July 2015

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Sponsors

Related records

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Sources

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