The Seal of the US Department of Treasury. HR10 would eliminate the Treasuries department of financial research among other financial institution regulatory changes if passed.
Reduces reporting requirements for certain small banks.
Official Summary
Community Bank Reporting Relief Act
This bill amends the Federal Deposit Insurance Act to require federal banking agencies to issue regulations allowing certain small depository institutions to satisfy reporting requirements with a reduced Report of Condition and Income (i.e., call report).
Passed House
2018-03-06
Passed Senate
Signed by President
Became Public Law
Amendments
None.
Sponsors
Original sponsor: Rep. Hultgren, Randy [R-IL-14]
Cosponsors: Rep. Barr, Andy [R-KY-6], Rep. Sewell, Terri A. [D-AL-7], Rep. Messer, Luke [R-IN-6]
Votes
Passed House by voice vote.
Related bill: S2155 (Related bill; passed Senate)
