Keeping Capital Local for Underserved Communities Act of 2017
This bill specifies that certain reciprocal deposits shall not be considered to be brokered deposits. (Brokered deposits are subject to additional regulatory requirements, including those related to liquidity.)
| Action Date | Type | Text | Source |
|---|---|---|---|
| 2017-05-08 | IntroReferral | Referred to the House Committee on Financial Services. | House floor actions |
| 2017-05-08 | IntroReferral | Introduced in House | Library of Congress |