Capital Access for Main Street Act of 2011
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HR 1356 — Capital Access for Main Street Act of 2011
Last action — Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises.
No card. One bill, free forever — alerts when it moves.
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✓Introduced
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✓In Committee
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Died in session
This bill died with 112th Congress. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.
Summary
Capital Access for Main Street Act of 2011 - Authorizes an insured depository institution with assets of less than $10 billion, for purposes of capital calculation under the Financial Institutions Examination Council's Consolidated Reports of Condition and Income, to choose to amortize any loss or write-down, on a quarterly straight-line basis over a seven-year period, which it has incurred with respect to: (1) a loan secured by commercial real estate, or (2) other real estate owned.
Bill Text
We don't have the full text on file for this bill yet.
Read HR 1356 on the official United States source →Action History
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Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises.
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Referred to the Subcommittee on Financial Institutions and Consumer Credit.
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Referred to the House Committee on Financial Services.
Sponsors
- Ed Perlmutter · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 546 not signed on
Sponsors (1)
Co-sponsors (0)
None.
Not signed on (546)
546 members have not signed on to this bill.
Show all 546 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- What does HR 1356 do?
- Capital Access for Main Street Act of 2011 - Authorizes an insured depository institution with assets of less than $10 billion, for purposes of capital calculation under the Financial Institutions Examination Council's Consolidated Reports of Condition and Income, to choose to amortize any loss or write-down, on a quarterly straight-line basis over a seven-year period, which it has incurred with respect to: (1) a loan secured by commercial real estate, or (2) other real estate owned.
- Who sponsors HR 1356?
- HR 1356 is sponsored by Ed Perlmutter (D).
- What is the current status of HR 1356?
- This bill died with 112th Congress. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
- Where can I track HR 1356?
- Track HR 1356 free on One Click Politics — get push/email alerts when it moves.
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Last checked for changes about 15 hours ago · updated continuously
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