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 |
|---|---|---|---|
| 2017-06-29 | IntroReferral | Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. | Senate |
| 2017-06-29 | IntroReferral | Introduced in Senate | Library of Congress |