H.R. 2547: Determination of Appropriate Risk-Based Capital Requirements for Community Financial Institutions Act of 2013

113th Congress · introduced 2013-06-27 · Finance and Financial Sector · Latest: Referred to the House Committee on Financial Services.

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Where it came from: introduced 2013-06-27 · official record
Who proposed it: Rep. Capito, Shelley Moore [R-WV-2] · what a sponsor is
What happened next: no floor votes in our records yet. Why?
Where it stands now: Referred to the House Committee on Financial Services. Not final yet: this can still change. We check for updates every day.
If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Determination of Appropriate Risk-Based Capital Requirements for Community Financial Institutions Act of 2013

Plain summary

Determination of Appropriate Risk-Based Capital Requirements for Community Financial Institutions Act of 2013 - Directs the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (federal banking agencies) to conduct an empirical impact study before issuing a final rule in relation to proposed regulatory capital rules for the international Basel III agreement (Rules). Requires the study to include: (1) the potential impact of such Rules upon the U.S. financial services sector, specifically community, mid-size, and regional financial institutions; (2) the long-term impact of such Rules, including changes to the current risk weight framework; (3) the cost and complexity of the Rules for community financial institutions; (4) the potential indicators of community banks having to maintain higher leverage capital ratios and higher total risk-based capital ratios than non-community banks and whether such capital levels are commensurate with higher historical losses or greater risk; and (5) the impact of the Rules upon real estate markets, specifically residential mortgage lending and home equity lines of credit. Exempts this delay in rulemaking any rules applicable to global systemically important banks (as identified by the Financial Stability Board). Allows any financial institution to provide information for the study voluntarily upon agency request, but prohibits the agencies from requiring it. Requires the study to be made available to the public for notice and comment. Prohibits any regulation issued by the federal banking agencies to implement the Rules from taking effect until one year after enactment of this Act.

Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.

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What does this mean? (plain words)

Official text

Determination of Appropriate Risk-Based Capital Requirements for Community Financial Institutions Act of 2013

Source: Congressional Research Service summary (Introduced in House)

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Capito, Shelley Moore [R-WV-2] · 12 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Gregory W. Meeks (D-NY), Bill Huizenga (R-MI), Frank D. Lucas (R-OK), Steve Womack (R-AR), Tom Cotton (R-AR)

Sponsor's campaign money: Rep. Capito, Shelley Moore [R-WV-2] reported raising $5.4 million (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (2)

Appropriation: Money a legislature sets aside by law for a specific purpose. Government agencies may spend public money only as it has been appropriated.
Rulemaking: The process agencies use to write regulations that carry out laws passed by Congress or a legislature. Usually an agency publishes a proposed rule, takes public comments, then publishes a final rule.

Plain meanings written from linked sources. All words.

Sources

Congressional Research Service summary (Introduced in House)
Congress.gov
Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-113hr2547.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/113/hr>

Record fed-us-cong113-hr2547 · catalog fed-us-congress-bills-cong113 · updated 2026-11-15 by psicol fed-bills-cong113