US HB2295 | 2013-2014 | 113th Congress

Status

Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on June 6 2013 - 25% progression, died in committee
Action: 2013-06-06 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Basel III Commonsense Approach for Small Entities Act or Basel III CASE Act - Directs the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency, before issuing any final rule in relation to proposals they have issued for the International Basel III agreement on general risk-based capital requirements, to conduct an empirical study that includes: (1) a quantitative analysis of the rule's impact on the U.S. financial services sector, specifically community, mid-size, and regional financial institutions; and (2) a determination of the long-term impact of the rule, including changes to the current risk weight framework. Permits a financial institution to provide information voluntarily for the study upon agency request, but prohibits agencies from requiring such information. Requires the study to be made available to the public for notice and comment.

Tracking Information

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Title

Basel III CASE Act

Sponsors


History

DateChamberAction
2013-06-06HouseReferred to the House Committee on Financial Services.

Same As/Similar To

SB731 (Same As) 2013-04-16 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
HB2547 (Related) 2013-06-27 - Referred to the House Committee on Financial Services.
HB2767 (Related) 2013-07-24 - Ordered to be Reported (Amended) by the Yeas and Nays: 30 - 27.

Subjects


US Congress State Sources


Bill Comments

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