US SB113 | 2025-2026 | 119th Congress
Status
Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on January 16 2025 - 25% progression
Action: 2025-01-16 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Status: Introduced on January 16 2025 - 25% progression
Action: 2025-01-16 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Summary
A bill to require the appropriate Federal banking agencies to establish a 3-year phase-in period for de novo financial institutions to comply with Federal capital standards, to provide relief for de novo rural community banks, and for other purposes.
Title
A bill to require the appropriate Federal banking agencies to establish a 3-year phase-in period for de novo financial institutions to comply with Federal capital standards, to provide relief for de novo rural community banks, and for other purposes.
Sponsors
| Sen. Cindy Hyde-Smith [R-MS] | Sen. Tim Sheehy [R-MT] |
History
| Date | Chamber | Action |
|---|---|---|
| 2025-01-16 | Senate | Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. |
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/119th-congress/senate-bill/113/all-info |
