3.0.0 927 2023-01-11T13:27:24Z 2023-01-11T13:27:24Z Senate S 2015-04-14 114 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Hearings by 2016-06-23T14:08:34Z Referred to 2015-04-14T18:35:44Z Community Bank Access to Capital Act of 2015 114 1523 HR 2015-03-23 Referred to the House Committee on Financial Services. Related bill CRS Community Bank Access to Capital Act of 2015 114 1816 S 2016-06-23 Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 114-366. Related bill CRS 2016-06-23 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 114-366. Committee 2015-04-14 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2015-04-14 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 2015-04-14 True P000449 Sen. Portman, Rob [R-OH] Rob Portman R OH 2015-11-19 False A000368 Sen. Ayotte, Kelly [R-NH] Kelly Ayotte R NH 2015-11-19 False N000032 Sen. Nelson, Bill [D-FL] CLARENCE NELSON D FL WILLIAM 2016-05-11 False Finance and Financial Sector Administrative law and regulatory procedures Banking and financial institutions regulation Government information and archives Securities Finance and Financial Sector 00 2015-04-14 Introduced in Senate 2015-05-05T15:16:51Z CLEAR Plus Act of 2015

This bill amends the Securities Exchange Act of 1934 to: (1) subject a savings and loan holding company to registration requirements for securities whose issuer has total assets exceeding $10 million and a class of non-exempt equity security held of record by 2,000 or more persons; and (2) apply the automatic termination of registration, and suspension of the duty to file supplementary and periodic information, to a savings and loan holding company whose securities are found to be held by less than 1,200 persons.

The Federal Deposit Insurance Act is amended to require the federal banking agencies to issue regulations allowing for a reduced reporting requirement for certain depository institutions when making the first and third report of condition for a year. These reporting requirements apply to any insured depository institution that:

  • as of the most recent examination has a CAMELS composite rating of 1 or 2 under the Uniform Financial Institutions Rating System (or an equivalent rating under a comparable rating system) for capital adequacy, assets, management capability, earnings, liquidity or asset liability management, and sensitivity to market risk; and
  • satisfies other appropriate criteria as such agencies determine.
]]> CLEAR Plus Act of 2015 Display Title CLEAR Plus Act of 2015 Official Title as Introduced A bill to provide regulatory relief for certain financial institutions, and for other purposes. Introduced in Senate IS Short Titles as Introduced CLEAR Plus Act of 2015 Introduced in Senate 2015-04-14T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114s927is/xml/BILLS-114s927is.xml 2016-06-23 Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 114-366. 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.