A bill to amend provisions of the Federal Deposit Insurance Corporation Improvement Act of 1991 pertaining to small business loans.

Summary

Amends the Federal Deposit Insurance Corporation Improvement Act of 1991 to postpone the deadline by which the appropriate Federal banking agency must prescribe final regulations requiring insured depository institutions to submit information annually on small businesses and small farm lending. Requires the Federal Financial Institutions Examination Council to report to the Congress on the regulatory costs incurred by federally insured depository institutions in complying with the Act. Sets forth report contents. Modifies the guidelines for information collected by the Federal Reserve Board regarding credit availability for small businesses. Directs the Board, in publishing such information, to consider the report of the Federal Financial Institutions Examination Council and to adjust its reporting requirements in a manner consistent with the findings in that report. Directs the Board to minimize the cost to insured depository institutions in providing such information.

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Documents

2 official files

• Introduced in Senate (text)

  Introduced in Senate · EN

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 12 August 1992

  Open at official source

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