[Congressional Bills 114th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1553 Referred in Senate (RFS)]
<DOC>
114th CONGRESS
1st Session
H. R. 1553
_______________________________________________________________________
IN THE SENATE OF THE UNITED STATES
October 7, 2015
Received; read twice and referred to the Committee on Banking, Housing,
and Urban Affairs
_______________________________________________________________________
AN ACT
To amend the Federal Deposit Insurance Act to specify which smaller
institutions may qualify for an 18-month examination cycle.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Small Bank Exam Cycle Reform Act of
2015''.
SEC. 2. SMALLER INSTITUTIONS QUALIFYING FOR 18-MONTH EXAMINATION CYCLE.
Section 10(d) of the Federal Deposit Insurance Act (12 U.S.C.
1820(d)) is amended--
(1) in paragraph (4)--
(A) in subparagraph (A), by striking
``$500,000,000'' and inserting ``$1,000,000,000''; and
(B) in subparagraph (C)(ii), by striking
``$100,000,000'' and inserting ``$200,000,000''; and
(2) in paragraph (10)--
(A) by striking ``$100,000,000'' and inserting
``$200,000,000''; and
(B) by striking ``$500,000,000'' and inserting
``$1,000,000,000''.
Passed the House of Representatives October 6, 2015.
Attest:
KAREN L. HAAS,
Clerk.