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    <number>1233</number>
    <updateDate>2022-02-08T23:21:41Z</updateDate>
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    <originChamber>Senate</originChamber>
    <type>S</type>
    <introducedDate>2019-04-30</introducedDate>
    <congress>116</congress>
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        <name>Banking, Housing, and Urban Affairs Committee</name>
        <chamber>Senate</chamber>
        <type>Standing</type>
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            <name>Referred to</name>
            <date>2019-04-30T15:54:14Z</date>
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        <text>Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.</text>
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        <actionDate>2019-04-30</actionDate>
        <text>Introduced in Senate</text>
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        <sourceSystem>
          <code>9</code>
          <name>Library of Congress</name>
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    <sponsors>
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        <bioguideId>R000605</bioguideId>
        <fullName>Sen. Rounds, Mike [R-SD]</fullName>
        <firstName>Mike</firstName>
        <lastName>Rounds</lastName>
        <party>R</party>
        <state>SD</state>
        <isByRequest>N</isByRequest>
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    <cosponsors>
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        <bioguideId>K000393</bioguideId>
        <fullName>Sen. Kennedy, John [R-LA]</fullName>
        <firstName>John</firstName>
        <lastName>Kennedy</lastName>
        <party>R</party>
        <state>LA</state>
        <middleName>Neely</middleName>
        <sponsorshipDate>2019-06-04</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
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    <policyArea>
      <name>Finance and Financial Sector</name>
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          <name>Accounting and auditing</name>
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          <name>Administrative law and regulatory procedures</name>
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        <item>
          <name>Bank accounts, deposits, capital</name>
        </item>
        <item>
          <name>Banking and financial institutions regulation</name>
        </item>
        <item>
          <name>Securities and Exchange Commission (SEC)</name>
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      <policyArea>
        <name>Finance and Financial Sector</name>
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        <actionDate>2019-04-30</actionDate>
        <actionDesc>Introduced in Senate</actionDesc>
        <updateDate>2020-08-06T18:55:10Z</updateDate>
        <text><![CDATA[ <p><b>Community Bank Access to Capital Act of 201</b><b>9</b></p> <p>This bill creates an exemption from internal control report attestation requirements for depository institutions with assets less than $5 billion. These institutions are also exempt from certain annual reports on financial condition and management.</p> <p>The Securities and Exchange Commission must revise Regulation D (which exempts certain offerings from securities registration requirements) to (1) raise the limit on the number of purchasers of securities, and (2) include a person's primary residence as an asset used in determining whether a person is an accredited investor eligible to participate in these offerings.</p>]]></text>
      </summary>
    </summaries>
    <title>Community Bank Access to Capital Act of 2019</title>
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        <titleType>Display Title</titleType>
        <title>Community Bank Access to Capital Act of 2019</title>
      </item>
      <item>
        <titleType>Short Title(s) as Introduced</titleType>
        <title>Community Bank Access to Capital Act of 2019</title>
        <billTextVersionName>Introduced in Senate</billTextVersionName>
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      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>A bill to provide relief to community banks, to promote access to capital for community banks, and for other purposes.</title>
        <billTextVersionName>Introduced in Senate</billTextVersionName>
        <billTextVersionCode>IS</billTextVersionCode>
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        <type>Introduced in Senate</type>
        <date>2019-04-30T04:00:00Z</date>
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            <url>https://www.govinfo.gov/content/pkg/BILLS-116s1233is/xml/BILLS-116s1233is.xml</url>
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    <latestAction>
      <actionDate>2019-04-30</actionDate>
      <text>Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.</text>
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    <dc:rights>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.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>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.</dc:description>
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