Small Bank Holding Company Relief Act of 2023

[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4346 Introduced in House (IH)]

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118th CONGRESS
  1st Session
                                H. R. 4346

To raise the consolidated assets threshold under the small bank holding 
           company policy statement, and for other purposes.


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                    IN THE HOUSE OF REPRESENTATIVES

                             June 23, 2023

  Mr. Mooney (for himself, Mr. Barr, Mr. Donalds, Ms. De La Cruz, Mr. 
 Ogles, and Mr. Nunn of Iowa) introduced the following bill; which was 
            referred to the Committee on Financial Services

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                                 A BILL


 
To raise the consolidated assets threshold under the small bank holding 
           company policy statement, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Small Bank Holding Company Relief 
Act of 2023''.

SEC. 2. CHANGES REQUIRED TO THE SMALL BANK HOLDING COMPANY AND SAVINGS 
              AND LOAN HOLDING COMPANY POLICY STATEMENT.

    Not later than 180 days after the date of enactment of this Act, 
the Board of Governors of the Federal Reserve System shall revise 
appendix C to part 225 of title 12, Code of Federal Regulations 
(commonly known as the ``Small Bank Holding Company and Savings and 
Loan Holding Company Policy Statement''), to raise the consolidated 
asset threshold under that appendix to $10,000,000,000 for any bank 
holding company or savings and loan holding company.
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