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S. 1284 115th Congress Senate

Community Bank Relief Act

Official title: A bill to raise the consolidated assets threshold under the small bank holding company policy statement, and for other purposes.

Introduced: May 25, 2017 See on congress.gov
Finance and Financial Sector Administrative law and regulatory proceduresBank accounts, deposits, capitalBanking and financial institutions regulationFederal Reserve SystemSecurities
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This bill died when the 115th Congress ended
It never became law before the 115th Congress (2017–2018) 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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 25, 2017
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
May 25, 2017
Introduced in Senate
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 Latest action May 25, 2017

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

 Plain-English summary Congressional Research Service

Community Bank Relief Act

This bill directs the Federal Reserve Board to increase, from $1 billion to $5 billion, the consolidated asset threshold (i.e., permissible debt level) for a bank holding company or savings and loan holding company that: (1) is not engaged in significant nonbanking activities; (2) does not conduct significant off-balance-sheet activities; and (3) does not have a material amount of debt or equity securities, other than trust-preferred securities, outstanding.

If warranted for supervisory purposes, the Federal Reserve Board may exclude a company from this threshold increase.

 Related & companion bills 3
  • HR 4562 Community Bank Access to Capital Act of 2017
  • S 1962 Community Bank Access to Capital Act of 2017
  • S 2155 Economic Growth, Regulatory Relief, and Consumer Protection Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Independent 1
I
King, Angus S., Jr.
Maine · May 25, 2017
Cite this page click to expand
APA
U.S. Congress. (2026). S. 1284: Community Bank Relief Act. 115th Congress. Open America. https://openamerica.io/bill/115-S-1284/
MLA
"S. 1284: Community Bank Relief Act." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-S-1284/.
Bluebook (legal)
S. 1284, 115th Cong. (2026), https://openamerica.io/bill/115-S-1284/.
Markdown link
[S. 1284: Community Bank Relief Act](https://openamerica.io/bill/115-S-1284/)
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