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117-hr-6145117th Congress

Community Bank Relief Act of 2021

Sponsored By: Representative Mann, Tracey [R-KS-1]

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Summary

Community Bank Relief Act of 2021 This bill requires banking agencies to set the community bank leverage ratio between 8% and 8.5% for calendar years 2022, 2023, and 2024 for community banks seeking to satisfy simplified capital adequacy requirements. Currently, banking agencies are statutorily required to set the rate between 8% and 10% through rulemaking. Under current regulations, the rate will increase from 8.5% to 9% on January 1, 2022.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Mann, Tracey [R-KS-1]

KS • R

Cosponsors

  • Rep. Fitzpatrick, Brian K. [R-PA-1]

    PA • R

    Sponsored 12/8/2021

  • Rep. Norman, Ralph [R-SC-5]

    SC • R

    Sponsored 12/8/2021

  • Rep. Mullin, Markwayne [R-OK-2]

    OK • R

    Sponsored 12/14/2021

  • Rep. LaTurner, Jake [R-KS-2]

    KS • R

    Sponsored 12/14/2021

  • Rep. Guest, Michael [R-MS-3]

    MS • R

    Sponsored 1/10/2022

  • Rep. Pfluger, August [R-TX-11]

    TX • R

    Sponsored 1/10/2022

  • Rep. Owens, Burgess [R-UT-4]

    UT • R

    Sponsored 3/2/2022

  • Rep. Amodei, Mark E. [R-NV-2]

    NV • R

    Sponsored 3/8/2022

  • Rep. Meijer, Peter [R-MI-3]

    MI • R

    Sponsored 3/16/2022

  • Rep. Walberg, Tim [R-MI-5]

    MI • R

    Sponsored 3/16/2022

  • Rep. Crawford, Eric A. "Rick" [R-AR-1]

    AR • R

    Sponsored 3/16/2022

  • Rep. Kelly, Trent [R-MS-1]

    MS • R

    Sponsored 3/17/2022

  • Rep. Cline, Ben [R-VA-6]

    VA • R

    Sponsored 3/17/2022

  • Rep. Moore, Barry [R-AL-1]

    AL • R

    Sponsored 3/17/2022

  • Rep. Bacon, Don [R-NE-2]

    NE • R

    Sponsored 3/17/2022

  • Rep. Palazzo, Steven M. [R-MS-4]

    MS • R

    Sponsored 3/17/2022

  • Rep. Schweikert, David [R-AZ-1]

    AZ • R

    Sponsored 3/28/2022

  • Rep. Kim, Young [R-CA-40]

    CA • R

    Sponsored 3/29/2022

  • Rep. Rutherford, John H. [R-FL-5]

    FL • R

    Sponsored 3/29/2022

  • Rep. Armstrong, Kelly [R-ND-At Large]

    ND • R

    Sponsored 3/31/2022

  • Rep. Feenstra, Randy [R-IA-4]

    IA • R

    Sponsored 3/31/2022

  • Rep. Gibbs, Bob [R-OH-7]

    OH • R

    Sponsored 3/31/2022

  • Rep. Roy, Chip [R-TX-21]

    TX • R

    Sponsored 4/27/2022

  • Rep. Carl, Jerry L. [R-AL-1]

    AL • R

    Sponsored 6/15/2022

Roll Call Votes

No roll call votes available for this bill.

View on Congress.gov
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