H.R. 5076 — Reported in House

IB Union Calendar No. 505 115th CONGRESS 2d Session H. R. 5076 [Report No. 115–657] IN THE HOUSE OF REPRESENTATIVES February 20, 2018 Ms. Tenney introduced the following bill; which was referred to the Committee on Financial Services April 26, 2018Additional sponsors: Mr. Crist and Mr. Sherman April 26, 2018 Reported with an amendment, committed to the Committee of the Whole House on the State of the Union, and ordered to be printed Insert the part printed in italic A BILL To amend the Federal Deposit Insurance Act to extend the examination cycle for certain insured depository institutions. 1. Short title This Act may be cited as the Small Bank Exam Cycle Improvement Act of 2018. 2. Examination cycle Section 10(d) of the Federal Deposit Insurance Act (12 U.S.C. 1820(d)) is amended— (1) in paragraph (4)(A), by striking $1,000,000,000 and inserting $3,000,000,000; and (2) in paragraph (10), by striking $1,000,000,000 and inserting $3,000,000,000. 3. GAO Study and Report Not later than 2 years after the date of enactment of this Act, the Comptroller General of the United States shall submit a report to the Congress on the effect of extending the examination cycle for qualifying institutions pursuant to section 2 of this Act on the ability of agencies to effectively supervise and protect the safety and soundness of qualifying institutions. April 26, 2018 Reported with an amendment, committed to the Committee of the Whole House on the State of the Union, and ordered to be printed