United States · Bill · S
S. 1233 (116th)
Community Bank Access to Capital Act of 2019
Introduced
30 April 2019
Last action
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Status
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sponsors
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Subjects
Discovery layer
Source updated
7 April 2025
Summary
Community Bank Access to Capital Act of 201 9 This bill creates an exemption from internal control report attestation requirements for depository institutions with assets less than $5 billion. These institutions are also exempt from certain annual reports on financial condition and management. The Securities and Exchange Commission must revise Regulation D (which exempts certain offerings from securities registration requirements) to (1) raise the limit on the number of purchasers of securities, and (2) include a person's primary residence as an asset used in determining whether a person is an accredited investor eligible to participate in these offerings.
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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate · EN · 30 April 2019
Introduced in Senate (PDF)
Introduced in Senate · EN · 30 April 2019
Introduced in Senate
summary · EN · 30 April 2019
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/116th-congress/senate-bill/1233
- Open data entity: https://api.congress.gov/v3/bill/116/s/1233