S362-118

Introduced

To require the Federal financial institutions regulatory agencies to take risk profiles and business models of institutions into account when taking regulatory actions, and for other purposes.

118th Congress Introduced Feb 9, 2023

Summary

What This Bill Does

The bill provides tailoring regulation to business model and risk, provides short-form call reports for all banks eligible for the community bank leverage ratio The appropriate Federal banking agencies, as defined in section 3 of the Federal Deposit Insurance Act (12 U.S.C, and provides report to Congress on modernization of supervision. It relies on appropriations, reporting requirements, compliance mandates, and definition changes. The main policy areas are Finance, Homeowners, Housing, and Science & Space.

Who Benefits and How

Public beneficiaries or protected communities affected by the clause could face reduced risk.

Who Bears the Burden and How

Federal, state, or local agencies responsible for implementing the clause would take on compliance duties, Financial services firms and customers affected by the bill would take on compliance duties, and Businesses and employers affected by the bill would take on compliance duties.

Key Provisions

  • Provides tailoring regulation to business model and risk.
  • Provides short-form call reports for all banks eligible for the community bank leverage ratio The appropriate Federal banking agencies, as defined in section 3 of the Federal Deposit Insurance Act (12 U.S.C.
  • Provides report to Congress on modernization of supervision.

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

The bill provides tailoring regulation to business model and risk, provides short-form call reports for all banks eligible for the community bank leverage ratio The appropriate Federal banking agencies, as defined in section 3 of the Federal Deposit Insurance Act (12 U.S.C, and provides report to Congress on modernization of supervision.

Key Policy Areas

Finance, Homeowners, Housing, Science & Space

Primary Purpose

The bill provides tailoring regulation to business model and risk, provides short-form call reports for all banks eligible for the community bank leverage ratio The appropriate Federal banking agencies, as defined in section 3 of the Federal Deposit Insurance Act (12 U.S.C, and provides report to Congress on modernization of supervision.

Policy Domains

Finance Homeowners Housing Science & Space

Whole bill

Identified Gains
  • Public beneficiaries or protected communities affected by the clause
Model: codex-gpt-5:bulk-repair | Version: bill_summary_v2 | Source: is
Public beneficiaries or protected communities affected by the clause:
Identified Costs
  • Federal, state, or local agencies responsible for implementing the clause
  • Financial services firms and customers affected by the bill
  • Businesses and employers affected by the bill
  • Homeowners, tenants, or housing market participants affected by the bill
  • Researchers and scientific institutions affected by the bill
Model: codex-gpt-5:bulk-repair | Version: bill_summary_v2 | Source: is
Businesses and employers affected by the bill: , ,
Financial services firms and customers affected by the bill: , ,
Researchers and scientific institutions affected by the bill:
Homeowners, tenants, or housing market participants affected by the bill: ,
Federal, state, or local agencies responsible for implementing the clause: , ,

Legislative Progress

Introduced
Introduced Committee Passed
Feb 9, 2023

Mr. Rounds (for himself, Ms. Lummis, Mr. Tillis, Mr. Hagerty, …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Finance Homeowners Housing Science & Space

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology