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HR 2987 114th Congress House Finance and Financial Sector Bank accounts, deposits, capital Banking and financial institutions regulation Securities

Community Bank Capital Clarification Act

Introduced: September 28, 2015 Introduced by: Meeks, Gregory W. Democratic · New York See on congress.gov
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This bill died when the 114th Congress ended
It never became law before the 114th Congress (2015–2016) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 21, 2015
Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Referral.
Jul 8, 2015
Referred to the House Committee on Financial Services.
Jul 8, 2015
Introduced in House
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 Plain-English summary Congressional Research Service

Community Bank Capital Clarification Act

This bill amends the Financial Stability Act of 2010 with respect to:

  • minimum leverage capital requirements and minimum risk-based capital requirements for depository institution holding companies;
  • mandatory deductions from actual capital in the calculation of such minimum capital requirements for certain investments by such institutions, especially in financial subsidiaries; and
  • the exemption from such capital deductions for the debt or equity instruments issued by certain smaller institutions.

A depository institution holding company exempted from capital deductions because it had less than $15 billion of total consolidated assets at the end of a quarterly financial reporting period after December 31, 2009, shall continue to be treated as an exempt institution as long it has total consolidated assets of less than $15 billion.

What's happening now October 21, 2015

Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Referral.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 16
All 16 Democratic 6 Republican 6
D
Sewell, Terri A.
Alabama · Oct 20, 2015
 D
Kaptur, Marcy
Ohio · Oct 6, 2015
 D
Moore, Gwen
Wisconsin · Oct 6, 2015
Donovan, Daniel
· Sep 28, 2015
 R
Emmer, Tom
Minnesota · Sep 28, 2015
Messer, Luke
· Sep 28, 2015
 D
Sherman, Brad
California · Sep 28, 2015
 R
Stefanik, Elise M.
New York · Sep 28, 2015
 R
Williams, Roger
Texas · Sep 28, 2015
Pittenger, Robert
· Jul 29, 2015
Rothfus, Keith
· Jul 29, 2015
 R
Lucas, Frank D.
Oklahoma · Jul 22, 2015
 R
Wagner, Ann
Missouri · Jul 22, 2015
 D
Vargas, Juan
California · Jul 20, 2015
 R
Barr, Andy
Kentucky · Jul 14, 2015
 D
Beatty, Joyce
Ohio · Jul 14, 2015
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 2987: Community Bank Capital Clarification Act. 114th Congress. Open America. https://openamerica.io/bill/114-HR-2987/
MLA
"H.R. 2987: Community Bank Capital Clarification Act." 114th Congress, 2026, Open America, https://openamerica.io/bill/114-HR-2987/.
Bluebook (legal)
H.R. 2987, 114th Cong. (2026), https://openamerica.io/bill/114-HR-2987/.
Markdown link
[H.R. 2987: Community Bank Capital Clarification Act](https://openamerica.io/bill/114-HR-2987/)
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