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HR 1553 114th Congress House Finance and Financial Sector Bank accounts, deposits, capital Banking and financial institutions regulation

Small Bank Exam Cycle Reform Act of 2015

Introduced: March 23, 2015 See on congress.gov
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 Everywhere this bill has been 17 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 7, 2015
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Oct 6, 2015
On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 411 - 0 (Roll no. 534). (text: CR H6802)
Oct 6, 2015
Motion to reconsider laid on the table Agreed to without objection.
Oct 6, 2015
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 411 - 0 (Roll no. 534).(text: CR H6802)
Oct 6, 2015
Considered as unfinished business. (consideration: CR H6818)
Oct 6, 2015
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
Oct 6, 2015
DEBATE - The House proceeded with forty minutes of debate on H.R. 1553.
Oct 6, 2015
Considered under suspension of the rules. (consideration: CR H6802-6804)
Oct 6, 2015
Mr. Neugebauer moved to suspend the rules and pass the bill.
Oct 6, 2015
Placed on the Union Calendar, Calendar No. 212.
Oct 6, 2015
Reported by the Committee on Financial Services. H. Rept. 114-280.
Jul 29, 2015
Ordered to be Reported by the Yeas and Nays: 58 - 0.
Jul 29, 2015
Committee Consideration and Mark-up Session Held.
Jul 28, 2015
Committee Consideration and Mark-up Session Held.
Jun 11, 2015
Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Referral.
Mar 23, 2015
Referred to the House Committee on Financial Services.
Mar 23, 2015
Introduced in House
 Votes taken on this bill 1
DateChamberWhat was voted onResultYes–No
Oct 6, 2015 House · vote #534 On Motion to Suspend the Rules and Pass Passed 411–0 See who voted →
 Plain-English summary Congressional Research Service

(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)

Small Bank Exam Cycle Reform Act of 2015

(Sec. 2) This bill amends the Federal Deposit Insurance Act to increase from $500 million to $1 billion the asset size of small insured depository institutions eligible for 18-month on-site examination cycles.

Such an institution is also qualified for the 18-month cycle if its total assets are at most $200 million (currently $100 million) and the most recent examination found its composite condition to be good rather than outstanding.

A federal banking agency is granted discretion to increase this assets ceiling amount from $200 million to $1 billion (currently from $100 million to $500 million) if that greater asset size would be consistent with the principles of safety and soundness.

What's happening now October 7, 2015

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

 Committees of jurisdiction 3
 Cosponsors 4
All 4 Democratic 1 Republican 3