S. 113 · Where this bill is now
In committee
Introduced in the Senate, Jan 16, 2025
119th Congress
1st SessionS. 113
1st SessionS. 113
A BILL
Promoting New Bank Formation Act of 2025
In the SenateNo vote yet
Sponsor: Sen. Cindy Hyde-Smith (R-MS) · Introduced Jan 16, 2025 · Finance and Financial Sector · 1 version of the text
Sources: Congress.gov actions and votes · bill text from GovInfo · latest official action Jan 16, 2025: “Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.”
Sections
Sections · 8
- Sec. 1Short titleNo change
- Sec. 2FindingsNo change
- Sec. 3DefinitionsNo change
- Sec. 4Phase-in of capital standardsNo change
- Sec. 5Changes to business plansNo change
- Sec. 6Rural community bank leverage ratioNo change
- Sec. 7Agricultural loan authority for Federal savings associationsNo change
- Sec. 8Study on de novo financial institutionsNo change