S. 1500
Referred to CommitteeKeeping Capital Local for Underserved Communities Act of 2017
Introduced 6/29/2017•115th Congress•Senate
Latest Action
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
6/29/2017 • Senate
Summary
Keeping Capital Local for Underserved Communities Act of 2017
This bill specifies that certain reciprocal deposits shall not be considered to be brokered deposits. (Brokered deposits are subject to additional regulatory requirements, including those related to liquidity.)
Introduced in Senate • 6/29/2017
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Topics & Subjects
Policy Area: Finance and Financial Sector
Bank accounts, deposits, capitalBanking and financial institutions regulationInterest, dividends, interest rates
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Related Federal Spending
Sponsor & Cosponsors (12)
Party Breakdown
5
Democrats
7
Republicans
0
Independents
Sponsor
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Cosponsors (11)
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Bill Journey
Originated in the Senate
Introduced
June 29, 2017
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Committee Review
Floor Debate
Passed Chamber
Other Chamber
President
Enacted into Law
Text Versions (1)
Introduced in Senate6/29/2017