[Congressional Bills 114th Congress]
[From the U.S. Government Publishing Office]
[S. 970 Introduced in Senate (IS)]

114th CONGRESS
  1st Session
                                 S. 970

To allow more small insured depository institutions to qualify for the 
      18-month on-site examination cycle, and for other purposes.


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                   IN THE SENATE OF THE UNITED STATES

                             April 16, 2015

  Mr. Toomey (for himself and Mr. Donnelly) introduced the following 
 bill; which was read twice and referred to the Committee on Banking, 
                       Housing, and Urban Affairs

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                                 A BILL


 
To allow more small insured depository institutions to qualify for the 
      18-month on-site examination cycle, 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. EXPANSION OF THRESHOLD FOR 18-MONTH ON-SITE EXAMINATION 
              CYCLE.

    Section 10(d) of the Federal Deposit Insurance Act (12 U.S.C. 
1820(d)) is amended--
            (1) in paragraph (4)(A), by striking ``$500,000,000'' and 
        inserting ``$1,000,000,000''; and
            (2) in paragraph (10), by striking ``$500,000,000'' and 
        inserting ``$1,000,000,000''.
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