HR 1356
112th Congress
House
Finance and Financial Sector
Accounting and auditing
Bank accounts, deposits, capital
Housing finance and home ownership
Capital Access for Main Street Act of 2011
Introduced: April 4, 2011
See on congress.gov
Everywhere this bill has been
4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 2, 2011
Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises.
May 2, 2011
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Apr 4, 2011
Referred to the House Committee on Financial Services.
Apr 4, 2011
Introduced in House
Plain-English summary
Capital Access for Main Street Act of 2011 - Authorizes an insured depository institution with assets of less than $10 billion, for purposes of capital calculation under the Financial Institutions Examination Council's Consolidated Reports of Condition and Income, to choose to amortize any loss or write-down, on a quarterly straight-line basis over a seven-year period, which it has incurred with respect to: (1) a loan secured by commercial real estate, or (2) other real estate owned.
What's happening now
Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises.
Committees of jurisdiction
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