US HB1356 | 2011-2012 | 112th Congress
Status
Sponsorship: Bipartisan Bill
Status: Introduced on April 4 2011 - 25% progression, died in committee
Action: 2011-05-02 - Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises.
Pending: House Subcommittee on Capital Markets and Government Sponsored Enterprises Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on April 4 2011 - 25% progression, died in committee
Action: 2011-05-02 - Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises.
Pending: House Subcommittee on Capital Markets and Government Sponsored Enterprises Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Capital Access for Main Street Act of 2011 - Authorizes an insured depository institution with assets of less than $10 billion, for purposes of capital calculation under the Financial Institutions Examination Council's Consolidated Reports of Condition and Income, to choose to amortize any loss or write-down, on a quarterly straight-line basis over a seven-year period, which it has incurred with respect to: (1) a loan secured by commercial real estate, or (2) other real estate owned.
Title
Capital Access for Main Street Act of 2011
Sponsors
| Rep. Ed Perlmutter [D-CO] | Rep. Andre Carson [D-IN] | Rep. Ben Chandler [D-KY] | Rep. Mike Coffman [R-CO] |
| Rep. Joe Courtney [D-CT] | Rep. John Duncan [R-TN] | Rep. Bob Filner [D-CA] | Rep. Elton Gallegly [R-CA] |
| Sen. Cory Gardner [R-CO] | Rep. Bob Gibbs [R-OH] | Rep. Rush Holt [D-NJ] | Rep. Donald Manzullo [R-IL] |
| Rep. Jeff Miller [R-FL] | Rep. Grace Napolitano [D-CA] | Rep. Dennis Ross [R-FL] | Rep. Scott Tipton [R-CO] |
| Rep. Paul Tonko [D-NY] |
History
| Date | Chamber | Action |
|---|---|---|
| 2011-05-02 | House | Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises. |
| 2011-05-02 | House | Referred to the Subcommittee on Financial Institutions and Consumer Credit. |
| 2011-04-04 | House | Referred to the House Committee on Financial Services. |
Subjects
Accounting and auditing
Bank accounts, deposits, capital
Finance and financial sector
Housing finance and home ownership
Bank accounts, deposits, capital
Finance and financial sector
Housing finance and home ownership
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/112th-congress/house-bill/1356/all-info |
| Text | https://www.congress.gov/112/bills/hr1356/BILLS-112hr1356ih.pdf |
