S825-118

Introduced

To provide limitations of special assessments on community banks, and for other purposes.

118th Congress Introduced Mar 15, 2023

Summary

What This Bill Does

The bill requires limitation on special assessments on community banks The Federal Deposit Insurance Corporation may not impose an assessment on any bank with less than $10,000,000,000 in total assets in imposing a special and creates FDIC bonus clawback authority Section 23(c)(4)(G) of the Federal Deposit Insurance Act (12 U.S.C. It relies on reporting requirements, compliance mandates, definition changes, and grants. The main policy areas are Environmental Groups, Finance, and Environment.

Who Benefits and How

Public beneficiaries or protected communities affected by the clause could face reduced risk and Financial services firms and customers affected by the bill could gain revenue opportunities.

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 Environmental and public health interests affected by the bill would take on compliance duties.

Key Provisions

  • Requires limitation on special assessments on community banks The Federal Deposit Insurance Corporation may not impose an assessment on any bank with less than $10,000,000,000 in total assets in imposing a special...
  • Creates FDIC bonus clawback authority Section 23(c)(4)(G) of the Federal Deposit Insurance Act (12 U.S.C.

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 requires limitation on special assessments on community banks The Federal Deposit Insurance Corporation may not impose an assessment on any bank with less than $10,000,000,000 in total assets in imposing a special and creates FDIC bonus clawback authority Section 23(c)(4)(G) of the Federal Deposit Insurance Act (12 U.S.C.

Key Policy Areas

Environmental Groups, Finance, Environment

Primary Purpose

The bill requires limitation on special assessments on community banks The Federal Deposit Insurance Corporation may not impose an assessment on any bank with less than $10,000,000,000 in total assets in imposing a special and creates FDIC bonus clawback authority Section 23(c)(4)(G) of the Federal Deposit Insurance Act (12 U.S.C.

Policy Domains

Environmental Groups Finance Environment

Whole bill

Identified Gains
  • Public beneficiaries or protected communities affected by the clause
  • Financial services firms and customers affected by the bill
Model: codex-gpt-5:bulk-repair | Version: bill_summary_v2 | Source: is
Financial services firms and customers affected by the bill:
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
  • Environmental and public health interests affected by the bill
Model: codex-gpt-5:bulk-repair | Version: bill_summary_v2 | Source: is
Financial services firms and customers affected by the bill:
Environmental and public health interests affected by the bill:
Federal, state, or local agencies responsible for implementing the clause: ,

Legislative Progress

Introduced
Introduced Committee Passed
Mar 15, 2023

Mr. Hawley (for himself and Mr. Braun) introduced the following …

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
Environmental Groups Finance Environment

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