A bill to require the Federal Reserve to make certain changes to the small bank holding company policy statement on assessment of financial and managerial factors, and for other purposes.

referredUnited States· United States Congress· EN

Introduced

30 July 2014

Last action

30 July 2014 · Introduced

Status

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

Summary

Directs the Board of Governors of the Federal Reserve System to publish in the Federal Register proposed revisions to the Small Bank Holding Company Policy Statement on Assessment of Financial and Managerial Factors applying the policy to bank holding companies and savings and loan holding companies which have pro forma consolidated assets of less than $1 billion, and which: are not engaged in significant nonbanking activities either directly or through a nonbank subsidiary; do not conduct significant off-balance sheet activities (including securitization, asset management or administration) either directly or through a nonbank subsidiary; and do not have a material amount of outstanding debt or equity securities, other than trust preferred securities, registered with the Securities and Exchange Commission (SEC). Authorizes the Board, however, to exclude any bank holding company or savings and loan holding company from the policy statement if that is warranted for supervisory purposes.

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Timeline

30 July 2014
Introduced
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Source: IntroReferral
30 July 2014
Introduced
Introduced in Senate
Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Introduced in Senate · 30 July 2014 · Download file

Documents

3 official files

Introduced in Senate (text)

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Introduced in Senate (text)
Introduced in Senate · EN · 30 July 2014
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Introduced in Senate (PDF)
Introduced in Senate · EN · 30 July 2014
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Introduced in Senate
summary · EN · 30 July 2014
Open at official source
Leesvertaling
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Related records

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.

Official source: https://www.congress.gov/bill/113th-congress/senate-bill/2696
Open data entity: https://api.congress.gov/v3/bill/113/s/2696
us · 113-s-2696 · source updated 14 January 2025