H.R. 1553 — Introduced in House

I 114th CONGRESS 1st Session H. R. 1553 IN THE HOUSE OF REPRESENTATIVES March 23, 2015 Mr. Tipton (for himself, Mr. Clay, and Mr. Barr) introduced the following bill; which was referred to the Committee on Financial Services A BILL To amend the Federal Deposit Insurance Act to specify which smaller institutions may qualify for an 18-month examination cycle. 1. Short title This Act may be cited as the Small Bank Exam Cycle Reform Act of 2015. 2. Smaller institutions qualifying for 18-month examination cycle Section 10(d) of the Federal Deposit Insurance Act (12 U.S.C. 1820(d)) is amended— (1) in paragraph (4)— (A) in subparagraph (A), by striking $500,000,000 and inserting $1,000,000,000; and (B) in subparagraph (C)(ii), by striking $100,000,000 and inserting $200,000,000; and (2) in paragraph (10)— (A) by striking $100,000,000 and inserting $200,000,000; and (B) by striking $500,000,000 and inserting $1,000,000,000.