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
16 April 2015 · Introduced
Status
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sponsors
Sen. Toomey, Patrick [R-PA], Sen. Donnelly, Joe [D-IN], Sen. King, Angus S., Jr. [I-ME], Sen. Warner, Mark R. [D-VA]
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.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
16 April 2015
Introduced
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Source: IntroReferral
16 April 2015
Introduced
Introduced in Senate
Source: IntroReferral
Votes
No vote records are attached yet.
Versions
- Introduced in Senate · 16 April 2015 · Download file
Documents
3 official files
Introduced in Senate (text)
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Introduced in Senate (text)
Introduced in Senate · EN · 16 April 2015
Introduced in Senate (PDF)
Introduced in Senate · EN · 16 April 2015
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Introduced in Senate
summary · EN · 16 April 2015
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Sponsors
- Sen. Toomey, Patrick [R-PA] · R · Sponsor
- Sen. Donnelly, Joe [D-IN] · D · Sponsor
- Sen. King, Angus S., Jr. [I-ME] · I · Cosponsor
- Sen. Warner, Mark R. [D-VA] · D · Cosponsor
- · ssbk00 · Standing
Related records
- related to → Small Bank Exam Cycle Reform Act of 2015
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
- us · 114-s-970 · source updated 7 April 2025