Library / Laws / 114th / hr / H.R. 1553 / Reported in House
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Union Calendar No. 212
114th CONGRESS
1st Session
H. R. 1553
[Report No. 114–280]
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
October 6, 2015
Additional sponsors: Mr. Blum, Mr. Neugebauer, Mr. Hinojosa, Mr. Carney, Ms. Sinema, Mr. Emmer of Minnesota, Mr. Rothfus, Mr. King of New York, Mr. Murphy of Florida, Mr. Perlmutter, Mr. Jones, Mr. Gosar, Mr. Pittenger, Mr. Hultgren, Ms. Kaptur, Mr. Heck of Washington, and Mrs. Hartzler
October 6, 2015Committed to the Committee of the Whole House on the State of the Union and ordered to be printed
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.
October 6, 2015
Committed to the Committee of the Whole House on the State of the Union and ordered to be printed