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Titles (2)

Short Titles

Short Titles - Senate

Short Titles as Introduced

Clarifying Commercial Real Estate Loans

Official Titles

Official Titles - Senate

Official Titles as Introduced

A bill to amend the Federal Deposit Insurance Act to clarify capital requirements for certain acquisition, development, or construction loans.


Actions Overview (1)

Date Actions Overview
02/08/2018Introduced in Senate

All Actions (2)

Date All Actions
10/02/2018Committee on Banking, Housing, and Urban Affairs. Hearings held.
02/08/2018Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Action By: Senate

Cosponsors (1)

* = Original cosponsor
CosponsorDate Cosponsored
Sen. Jones, Doug [D-AL]* 02/08/2018

Committees (1)

Committees, subcommittees and links to reports associated with this bill are listed here, as well as the nature and date of committee activity and Congressional report number.

Committee / Subcommittee Date Activity Reports
Senate Banking, Housing, and Urban Affairs02/08/2018 Referred to
10/02/2018 Hearings by

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Subjects (1)


Latest Summary (1)

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Shown Here:
Introduced in Senate (02/08/2018)

Clarifying Commercial Real Estate Loans

This bill amends the Federal Deposit Insurance Act to specify that a federal banking agency may not subject a depository institution to higher capital standards with respect to a high-volatility commercial real-estate (HVCRE) exposure unless the exposure is an HVCRE acquisition, development, or construction (ADC) loan.

An HVCRE ADC loan is a one that: (1) is secured by land or improved real property; (2) has the purpose of providing financing to acquire, develop, or improve the real property such that the property becomes income-producing; and (3) is dependent upon future income or sales proceeds from, or refinancing of, the real property for the repayment of the loan.

An HVCRE ADC loan does not include financing for a one- to four-family residential property, agricultural land, real property that would qualify as an investment in community development, existing income-producing real property secured by a mortgage, or certain commercial real-property projects. Furthermore, such a loan does not include any loan made prior to January 1, 2015.

A depository institution may reclassify a loan as a non-HVCRE ADC loan if the depository institution is satisfied that: (1) the acquisition, development, or improvement of real property being financed by the loan is complete; and (2) the cash flow being generated by the real property is sufficient to support the debt service and expenses of the real property.