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S 1233 116th Congress Senate Finance and Financial Sector Accounting and auditing Administrative law and regulatory procedures Bank accounts, deposits, capital Banking and financial institutions regulation Securities and Exchange Commission (SEC)

Community Bank Access to Capital Act of 2019

Introduced: April 30, 2019 Introduced by: Rounds, Mike Republican · South Dakota See on congress.gov
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This bill died when the 116th Congress ended
It never became law before the 116th Congress (2019–2020) 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
Apr 30, 2019
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Apr 30, 2019
Introduced in Senate
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 Plain-English summary Congressional Research Service

Community Bank Access to Capital Act of 2019

This bill creates an exemption from internal control report attestation requirements for depository institutions with assets less than $5 billion. These institutions are also exempt from certain annual reports on financial condition and management.

The Securities and Exchange Commission must revise Regulation D (which exempts certain offerings from securities registration requirements) to (1) raise the limit on the number of purchasers of securities, and (2) include a person's primary residence as an asset used in determining whether a person is an accredited investor eligible to participate in these offerings.

What's happening now April 30, 2019

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

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Republican 1
R
Kennedy, John
Louisiana · Jun 4, 2019
Cite this page click to expand
APA
U.S. Congress. (2026). S. 1233: Community Bank Access to Capital Act of 2019. 116th Congress. Open America. https://openamerica.io/bill/116-S-1233/
MLA
"S. 1233: Community Bank Access to Capital Act of 2019." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-S-1233/.
Bluebook (legal)
S. 1233, 116th Cong. (2026), https://openamerica.io/bill/116-S-1233/.
Markdown link
[S. 1233: Community Bank Access to Capital Act of 2019](https://openamerica.io/bill/116-S-1233/)
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