Summary: S.1647 — 115th Congress (2017-2018)All Information (Except Text)

There is one summary for S.1647. Bill summaries are authored by CRS.

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Introduced in Senate (07/27/2017)

This bill requires federal banking agencies to treat as qualifying capital instruments certain investments in the capital of unconsolidated financial institutions. Specifically, the bill applies to investments in trust-preferred securities held prior to July 21, 2010, by a depository institution or holding company with assets of less than $15 billion.