Small Bank Holding Company Relief Act of 2023
HR 4346, the Small Bank Holding Company Relief Act of 2023, requires the Federal Reserve to raise the asset threshold for small bank holding companies from its current level to $10 billion. This change would exempt smaller banks (with consolidated assets under $10 billion) from certain regulatory requirements they currently face. The policy update must be implemented within 180 days of the bill’s enactment.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jun 2023
Committee Review
Floor Vote
President
Introduced Jun 23, 2023
Last action Jun 23, 2023
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Jun 23, 2023
Committee
Referred to the House Committee on Financial Services.
lower
Jun 23, 2023
Introduced
Introduced in House
lower
1 primary · 8 co-sponsors
Sponsors
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