- Not enactedThe President has not signed this bill
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- The house has not voted
Committee on Financial ServicesIntroducedApril 5th, 2017
- house Committees
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Small Bank Holding Company Relief Act
To raise the consolidated assets threshold under the small bank holding company policy statement, and for other purposes.
Small Bank Holding Company Relief Act This bill requires the Federal Reserve Board (FRB) to revise its Small Bank Holding Company Policy Statement on Assessment of Financial and Managerial Factors (which allows smaller bank companies to have higher debt levels than are generally allowed). Specifically, the FRB must raise the consolidated asset threshold at which the statement applies from $1 billion to $10 billion.