3.0.0 1349 2023-01-11T13:24:23Z 2023-01-11T13:24:23Z Senate S S 2013-07-24 113 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Hearings by 2014-09-16T14:00:00Z Referred to 2013-07-24T16:25:21Z 2014-09-16 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Committee on Banking, Housing, and Urban Affairs. Hearings held. Committee 2013-07-24 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2013-07-24 Introduced in Senate IntroReferral 10000 9 Library of Congress M000934 Sen. Moran, Jerry [R-KS] Jerry Moran R KS N T000464 Sen. Tester, Jon [D-MT] Jon Tester D MT 2013-07-24 True K000360 Sen. Kirk, Mark Steven [R-IL] MARK KIRK R IL STEVEN 2013-07-24 True L000550 Sen. Landrieu, Mary L. [D-LA] MARY LANDRIEU D LA 2013-07-30 False H001049 Sen. Hagan, Kay R. [D-NC] Kay Hagan D NC R. 2013-08-01 False B001261 Sen. Barrasso, John [R-WY] John Barrasso R WY 2013-09-12 False E000285 Sen. Enzi, Michael B. [R-WY] MICHAEL ENZI R WY B. 2013-09-19 False B001236 Sen. Boozman, John [R-AR] John Boozman R AR 2013-09-25 False H001069 Sen. Heitkamp, Heidi [D-ND] Heidi Heitkamp D ND 2013-09-26 False P000590 Sen. Pryor, Mark L. [D-AR] Mark Pryor D AR Lunsford 2013-09-26 False B000575 Sen. Blunt, Roy [R-MO] Roy Blunt R MO 2013-09-30 False M001153 Sen. Murkowski, Lisa [R-AK] Lisa Murkowski R AK 2013-10-07 False R000307 Sen. Roberts, Pat [R-KS] PAT ROBERTS R KS 2013-10-08 False I000055 Sen. Isakson, Johnny [R-GA] Johnny Isakson R GA 2013-10-15 False T000250 Sen. Thune, John [R-SD] John Thune R SD R. 2013-10-30 False K000367 Sen. Klobuchar, Amy [D-MN] Amy Klobuchar D MN 2013-11-05 False C000560 Sen. Coburn, Tom [R-OK] TOM COBURN R OK 2013-11-19 False J000291 Sen. Johanns, Mike [R-NE] Mike Johanns R NE 2013-11-19 False F000463 Sen. Fischer, Deb [R-NE] Deb Fischer R NE 2013-11-19 False C000286 Sen. Chambliss, Saxby [R-GA] SAXBY CHAMBLISS R GA 2013-11-19 False R000584 Sen. Risch, James E. [R-ID] James Risch R ID E. 2013-11-19 False P000449 Sen. Portman, Rob [R-OH] Rob Portman R OH 2013-11-21 False M001183 Sen. Manchin, Joe, III [D-WV] Joseph Manchin D WV 2013-12-18 False S001181 Sen. Shaheen, Jeanne [D-NH] Jeanne Shaheen D NH 2014-01-07 False S000033 Sen. Sanders, Bernard [I-VT] Bernard Sanders I VT 2014-02-24 False A000368 Sen. Ayotte, Kelly [R-NH] Kelly Ayotte R NH 2014-02-24 False H001061 Sen. Hoeven, John [R-ND] John Hoeven R ND 2014-03-04 False H001041 Sen. Heller, Dean [R-NV] Dean Heller R NV 2014-03-25 False W000818 Sen. Walsh, John E. [D-MT] John Walsh D MT E. 2014-03-25 False T000461 Sen. Toomey, Patrick [R-PA] Patrick Toomey R PA J. 2014-04-01 False B001135 Sen. Burr, Richard [R-NC] Richard Burr R NC Mauze 2014-04-29 False I000024 Sen. Inhofe, James M. [R-OK] Jim Inhofe R OK 2014-04-29 False H001046 Sen. Heinrich, Martin [D-NM] Martin Heinrich D NM T. 2014-05-01 False D000607 Sen. Donnelly, Joe [D-IN] Joe Donnelly D IN 2014-05-21 False G000386 Sen. Grassley, Chuck [R-IA] Charles Grassley R IA E. 2014-06-18 False B001265 Sen. Begich, Mark [D-AK] Mark Begich D AK 2014-06-18 False C001056 Sen. Cornyn, John [R-TX] John Cornyn R TX 2014-07-07 False U000039 Sen. Udall, Tom [D-NM] TOM UDALL D NM 2014-07-21 False S001184 Sen. Scott, Tim [R-SC] Tim Scott R SC 2014-07-22 False W000437 Sen. Wicker, Roger F. [R-MS] Roger Wicker R MS F. 2014-09-11 False Finance and Financial Sector Accounting and auditing Administrative law and regulatory procedures Bank accounts, deposits, capital Banking and financial institutions regulation Consumer Financial Protection Bureau Consumer credit Credit and credit markets Federal Reserve System Housing finance and home ownership Securities and Exchange Commission (SEC) Finance and Financial Sector 00 2013-07-24 Introduced in Senate 2013-10-30T19:57:27Z Community Lending Enhancement and Regulatory Relief Act of 2013 or CLEAR Relief Act of 2013 - Amends the Sarbanes-Oxley Act of 2002 to exempt from its rules regarding management assessment of internal controls the following institutions which, as of the end of the preceding fiscal year, had total consolidated assets of $1 billion or less (adjusted annually according to a certain formula): (1) a bank holding company, (2) a savings and loan holding company, or (3) an insured depository institution.

Declares the "Small Bank Holding Company Statement" of the Board of Governors of the Federal Reserve System (Board) applicable to a financial institution that: (1) is otherwise subject to that policy statement, and (2) has consolidated assets of less than $5 billion.

Amends the Truth in Lending Act (TILA) to require the Consumer Financial Protection Bureau (CFPB) to exempt from requirements governing escrow or impound accounts affecting certain consumer credit transactions any loans secured by a first lien on the principal dwelling of a consumer, if such loans are held by an insured depository institution having assets of $10 billion or less.

Includes as a qualified mortgage, with respect to the presumption that a qualified residential mortgage loan meets certain minimum standards, any mortgage loan originated and retained in portfolio for at least three years by a depository institution having less than $10 billion in total assets.

Requires the CFPB (which currently is merely authorized) to provide by regulation that a "qualified mortgage" includes a balloon loan extended by an insured depository institution that: (1) originates and retains balloon loans in portfolio for at least three years, and (2) together with its affiliates has less than $10 billion in total consolidated assets.

]]> Community Lending Enhancement and Regulatory Relief Act of 2013 Display Title Community Lending Enhancement and Regulatory Relief Act of 2013 Official Title as Introduced A bill to enhance the ability of community financial institutions to foster economic growth and serve their communities, boost small businesses, increase individual savings, and for other purposes. Introduced in Senate IS Short Titles as Introduced Community Lending Enhancement and Regulatory Relief Act of 2013 Short Titles as Introduced CLEAR Relief Act of 2013 Introduced in Senate 2013-07-24T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113s1349is/xml/BILLS-113s1349is.xml 2014-09-16 Committee on Banking, Housing, and Urban Affairs. Hearings held. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.