United States · Bill · S
S. 970 (114th)
A bill to allow more small insured depository institutions to qualify for the 18-month on-site examination cycle, and for other purposes.
Introduced
16 April 2015
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
This bill amends the Federal Deposit Insurance Act to increase from $500 million to $1 billion the asset size of small insured depository institutions eligible for 18-month on-site examination cycles. A federal banking agency is granted discretion to increase the asset ceiling amount from $100 million to $1 billion (currently from $100 million to $500 million) if the greater asset size would be consistent with the principles of safety and soundness.
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Votes
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Versions
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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate · EN · 16 April 2015
Introduced in Senate (PDF)
Introduced in Senate · EN · 16 April 2015
Introduced in Senate
summary · EN · 16 April 2015
Sponsors
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Related records
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/114th-congress/senate-bill/970
- Open data entity: https://api.congress.gov/v3/bill/114/s/970