Small Bank Holding Company Relief Act

Summary#

The bill would require the Federal Reserve to raise the consolidated asset threshold in its Small Bank Holding Company and Savings and Loan Holding Company Policy Statement to $25 billion. The Federal Reserve would have 180 days after enactment to make this change.

What it means for you#

The change would apply to bank holding companies and savings and loan holding companies. The bill does not describe effects on individuals.

Expenses#

No publicly available information. The bill does not specify expenses.

Proponents' View#

No publicly available information about proponents' views.

Opponents' View#

No publicly available information about opponents' views.