S. 2116

Community Lender Exam Act

Latest

II

115th CONGRESS

1st Session

S. 2116

IN THE SENATE OF THE UNITED STATES

November 9, 2017

Mr. Donnelly (for himself and Mr. Heller) introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs

A BILL

To amend the Federal Deposit Insurance Act to increase the asset threshold with respect to the on-site examination of certain insured depository institutions.

1.

Short title

This Act may be cited as the Community Lender Exam Act.

2.

Examination requirements

Section 10(d)(4)(A) of the Federal Deposit Insurance Act (12 U.S.C. 1820(d)(4)(A)) is amended by striking $1,000,000,000 and inserting $3,000,000,000.