Small Bank Holding Company Relief Act of 2018

Summary

Small Bank Holding Company Relief Act of 2018 This bill requires the Federal Reserve Board (FRB) to revise its Small Bank Holding Company Policy Statement on Assessment of Financial and Managerial Factors (which allows smaller bank companies to have higher debt levels than are generally allowed). Specifically, the FRB must raise the consolidated asset threshold at which the statement applies from $1 billion to $3 billion.

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

Timeline

1. 11 January 2018

   Introduced

   Referred to the House Committee on Financial Services.

   Source: IntroReferral

2. 11 January 2018

   Introduced

   Introduced in House

   Source: IntroReferral

3. 11 January 2018

   Introduced

   Introduced in House

   Source: IntroReferral

4. 17 January 2018

   Committee

   Committee Consideration and Mark-up Session Held.

   Source: Committee

5. 18 January 2018

   Vote

   Ordered to be Reported by the Yeas and Nays: 41 - 14.

   Source: Committee

6. 18 January 2018

   Committee

   Committee Consideration and Mark-up Session Held.

   Source: Committee

7. 2 February 2018

   Calendars

   Placed on the Union Calendar, Calendar No. 408.

   Source: Calendars

8. 2 February 2018

   Reported

   Reported by the Committee on Financial Services. H. Rept. 115-543.

   Source: Committee

9. 2 February 2018

   Reported

   Reported by the Committee on Financial Services. H. Rept. 115-543.

   Source: Committee

10. 5 February 2018

    Reported

    Rules Committee Resolution H. Res. 725 Reported to House. The resolution provides for one hour of debate on each measure. The resolution also waives the requirement of clause 6(a) of rule XIII for a two-thirds vote to consider a report from the Committee on Rules on the same day it is presented to the House with respect to any resolution reported through the legislative day of February 9, 2018. It shall be in order at any time on the legislative day of February 8, 2018 or February 9, 2018 for the Speaker to entertain motions to suspend the rules.

    Source: Floor

11. 6 February 2018

    Passed

    Rule H. Res. 725 passed House.

    Source: Floor

12. 8 February 2018

    Passed

    Motion to reconsider laid on the table Agreed to without objection.

    Source: Floor

13. 8 February 2018

    Vote

    On passage Passed by the Yeas and Nays: 280 - 139 (Roll no. 66). (text of Amendment in nature of a substitute: CR H983)

    Source: Floor

14. 8 February 2018

    Vote

    Passed/agreed to in House: On passage Passed by the Yeas and Nays: 280 - 139 (Roll no. 66).(text of Amendment in nature of a substitute: CR H983)

    Source: Floor

15. 8 February 2018

    Floor

    The previous question was ordered pursuant to the rule.

    Source: Floor

16. 8 February 2018

    Reported

    The resolution provides for one hour of debate on each measure. The resolution also waives the requirement of clause 6(a) of rule XIII for a two-thirds vote to consider a report from the Committee on Rules on the same day it is presented to the House with respect to any resolution reported through the legislative day of February 9, 2018. It shall be in order at any time on the legislative day of February 8, 2018 or February 9, 2018 for the Speaker to entertain motions to suspend the rules.

    Source: Floor

17. 8 February 2018

    Floor

    Considered under the provisions of rule H. Res. 725. (consideration: CR H983-990; text of amendment in nature of a substitute: CR H983)

    Source: Floor

18. 12 February 2018

    Introduced

    Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    Source: IntroReferral

Votes

Versions

• Referred in Senate · 12 February 2018 · Official file
• Engrossed in House · 8 February 2018 · Official file
• Reported in House · 2 February 2018 · Official file
• Introduced in House · 11 January 2018 · Official file

Documents

11 official files

• Referred in Senate (text)

  Referred in Senate · EN · 12 February 2018

  ViewDownloadOpen at official source

• Referred in Senate (PDF)

  Referred in Senate · EN · 12 February 2018

  ViewDownloadOpen at official source

• Engrossed in House (text)

  Engrossed in House · EN · 8 February 2018

  ViewDownloadOpen at official source

• Engrossed in House (PDF)

  Engrossed in House · EN · 8 February 2018

  ViewDownloadOpen at official source

• Passed House amended

  summary · EN · 8 February 2018

  Open at official source

• Reported in House (text)

  Reported in House · EN · 2 February 2018

  ViewDownloadOpen at official source

• Reported in House (PDF)

  Reported in House · EN · 2 February 2018

  ViewDownloadOpen at official source

• Reported to House without amendment

  summary · EN · 2 February 2018

  Open at official source

• Introduced in House (text)

  Introduced in House · EN · 11 January 2018

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 11 January 2018

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 11 January 2018

  Open at official source

Sponsors

• Mia Love · R · Sponsor
• Rep. Gottheimer, Josh [D-NJ-5] · D · Sponsor
• Rep. Meeks, Gregory W. [D-NY-5] · D · Sponsor
• · ssbk00 · Standing
• · hsba00 · Standing

Related records

• related to → Financial CHOICE Act of 2017
• related to → Small Bank Holding Company Relief Act
• related to ← Providing for consideration of the bill (H.R. 772) to amend the Federal Food, Drug, and Cosmetic Act to improve and clarify certain disclosure requirements for restaurants and similar retail food establishments, and to amend the authority to bring proceedings under section 403A; providing for consideration of the bill (H.R. 1153) to amend the Truth in Lending Act to improve upon the definitions provided for points and fees in connection with a mortgage transaction; providing for consideration of the bill (H.R. 4771) to raise the consolidated assets threshold under the small bank holding company policy statement, and for other purposes; and for other purposes.