PlainBillCongress, translated.Legislation. Context. Public interest.Became Public Law No: 113-250.
Congressional Research Service
Version 49 · Public Law · Dec 18, 2014
(This measure has not been amended since it was passed by the Senate on December 11, 2014. The summary of that version is repeated here.)
Directs the Board of Governors of the Federal Reserve System (Board) to publish in the Federal Register proposed revisions to the Small Bank Holding Company Policy Statement on Assessment of Financial and Managerial Factors, applying such policy to certain bank holding companies and savings and loan holding companies having pro forma consolidated assets of less than $1 billion, and which: (1) are not engaged in significant nonbanking activities either directly or through a nonbank subsidiary, (2) do not conduct significant off-balance sheet activities either directly or through a nonbank subsidiary (including securitization and asset management or administration), and (3) do not have a material amount of debt or equity securities outstanding (other than trust preferred securities) that are registered with the Securities and Exchange Commission (SEC).
Retains Board authority to exclude from such Policy Statement either a bank holding company or a savings and loan holding company, regardless of asset size, if exclusion is determined warranted for supervisory purposes.
Showing the opening paragraphs of the official summary.
Exempts from the leverage and risk-based capital requirements of the Dodd-Frank Wall Street Reform and Consumer Protection Act any bank holding company or savings and loan holding company having less than $1 billion in total consolidated assets that complies with the requirements of the Policy Statement.
People & committees
Rep. Luetkemeyer, Blaine [R-MO-3] · R–MO
Legislative record
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Became Public Law No: 113-250.
Became Public Law No: 113-250.
Signed by President.
Signed by President.
Presented to President.
Presented to President.
Motion to reconsider laid on the table Agreed to without objection. (text as House agreed to Senate amendment: CR H10303-10304)
On motion that the House agree to the Senate amendment Agreed to without objection. (consideration: CR H10303-10304)
Resolving differences -- House actions: On motion that the House agree to the Senate amendment Agreed to without objection.(consideration: CR H10303-10304)
Mrs. Wagner asked unanimous consent that the House agree to the Senate amendment.
Message on Senate action sent to the House.
Passed Senate with an amendment by Unanimous Consent. (text: CR S6607)
Passed/agreed to in Senate: Passed Senate with an amendment by Unanimous Consent.(text: CR S6607)
Measure laid before Senate by unanimous consent. (consideration: CR S6607-6608)
Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent.
Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent.
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H3424)
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote.(text: CR H3424)
DEBATE - The House proceeded with forty minutes of debate on H.R. 3329.
Considered under suspension of the rules. (consideration: CR H3424-3426)
Mrs. Capito moved to suspend the rules and pass the bill.
Ordered to be Reported by Voice Vote.
Committee Consideration and Mark-up Session Held.
Referred to the House Committee on Financial Services.
Introduced in House
Introduced in House
Primary sources
Text links open the official source. We currently store references to these documents.
Source last updated: Jul 2, 2025. Consult Congress.gov for the current record.
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