Small Bank Exam Cycle Reform Act of 2015
This bill amends the Federal Deposit Insurance Act to increase from $500 million to $1 billion the asset size of small insured depository institutions eligible for 18-month on-site examination cycles.
Such an institution is also qualified for the 18-month cycle if its total assets are at most $200 million (currently $100 million) and the most recent examination found its composite condition to be good rather than outstanding.
A federal banking agency is granted discretion to increase this assets ceiling amount from $200 million to $1 billion (currently from $100 million to $500 million) if that greater asset size would be consistent with the principles of safety and soundness.
| Action Date | Type | Text | Source |
|---|---|---|---|
| 2015-10-07 | IntroReferral | Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. | Senate |
| 2015-10-06 | Vote | On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 411 - 0 (Roll no. 534). (text: CR H6802) | House floor actions |
| 2015-10-06 | Floor | Motion to reconsider laid on the table Agreed to without objection. | House floor actions |
| 2015-10-06 | Floor | Considered as unfinished business. (consideration: CR H6818) | House floor actions |
| 2015-10-06 | Floor | At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed. | House floor actions |
| 2015-10-06 | Floor | DEBATE - The House proceeded with forty minutes of debate on H.R. 1553. | House floor actions |
| 2015-10-06 | Floor | Considered under suspension of the rules. (consideration: CR H6802-6804) | House floor actions |
| 2015-10-06 | Floor | Mr. Neugebauer moved to suspend the rules and pass the bill. | House floor actions |
| 2015-10-06 | Calendars | Placed on the Union Calendar, Calendar No. 212. | House floor actions |
| 2015-10-06 | Committee | Reported by the Committee on Financial Services. H. Rept. 114-280. | House floor actions |
| 2015-07-29 | Committee | Ordered to be Reported by the Yeas and Nays: 58 - 0. | House committee actions |
| 2015-07-29 | Committee | Committee Consideration and Mark-up Session Held. | House committee actions |
| 2015-07-28 | Committee | Committee Consideration and Mark-up Session Held. | House committee actions |
| 2015-06-11 | Committee | Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Referral. | House committee actions |
| 2015-03-23 | IntroReferral | Referred to the House Committee on Financial Services. | House floor actions |
| 2015-03-23 | IntroReferral | Introduced in House | Library of Congress |