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H.R. 4771, Small Bank Holding Company Relief Act of 2018 (CBO Report for Congress)

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Congress 115th
Date Requested Jan. 18, 2017
Requested By House Committee on Financial Services
Date Sent Jan. 31, 2018
Description:

H.R. 4771 would require the Federal Reserve to change its policy statement on the allowable level of debt at certain small bank holding companies. The current policy statement applies to bank holding companies with less than $1 billion in total consolidated assets. Under the bill, it would apply to bank holding companies with less than $3 billion in such assets.

 

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