lobbying_activities: 2142813
Data license: Public Domain (U.S. Government data) · Data source: Federal Register API & Regulations.gov API
This data as json
| id | filing_uuid | filing_type | registrant_name | registrant_id | client_name | filing_year | filing_period | issue_code | specific_issues | government_entities | income_amount | expense_amount | is_no_activity | is_termination | received_date |
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| 2142813 | 76771143-e387-4fc6-a819-f835c315633d | Q2 | COMMUNITY BANKERS ASSOCIATION OF ILLINOIS | 400531588 | COMMUNITY BANKERS ASSOCIATION OF ILLINOIS | 2018 | second_quarter | CSP | Regulatory relief for community banks in the 115th Congress Tiered regulation and supervision for community banks as contained in the Independent Community Bankers of Americas (ICBA) Plan for Prosperity The ICBAs Plan for Prosperity contains the following issue areas and recommendations. Regulatory Relief Balance consumer regulation through more accountable Consumer Financial Protection Bureau governance Eliminate arbitrary disparate impact fair lending lawsuits Ensure the viability of mutual banks through new charter and capital options Support rigorous cost-benefit analyses of all new rules to determine if they are justified and indeed needed Modernize the Bank Secrecy Act (BSA) Cut the red tape in small business lending by eliminating burdensome data collection Target the Volker Rule on a banks individual risk Preserve access to investment advice for middle-class savers Mortgage Reform Create a safe harbor from onerous underwriting standards Establish relief from burdensome HMDA, escrow and appraisal requirements Preserve the ability for community banks to continue servicing mortgage loans Reform the closing process and accompanying paperwork Tax Relief Lower marginal rates needed for individuals, corporations and businesses Incentivize credit for low- and middle-income customers and American agriculture Modernize Subchapter S constraints Create limited liability corporation (LLC) option for community banks Repeal the estate tax Update the bank qualified (BQ) bond issuer limitation Support a five-year loss carryback that encourages lending during economic downturns Create a tax credit for Bank Secrecy Act (BSA) compliance costs (House, Senate) Legislation - S. 2155 - The Economic Growth, Regulatory Relief and Consumer Protection Act (All sections but in particular: Increasing exemption thresholds for Home Mortgage Disclosure Act (HMDA) reporting; Granting Qualified Mortgage (QM) status for portfolio mortgage loans at most community banks; Exempting certain community bank loans from escrow requirements; Simplifying community bank capital requirements; Increasing eligibility for a short-form Call Report to restore proportionality to quarterly reporting; Expanding eligibility for the 18-month regulatory examination cycle; Easing appraisal requirements to facilitate mortgage credit in local communities; Exempting most community banks from the Volcker Rule; Expanding access to the Federal Reserves Small Bank Holding Company Policy Statement to help more community banks build capital; Improving regulatory treatment of reciprocal deposits and certain municipal securities; and Section 401 - SIFI thresholds) (Senate, House, FDIC) Letters - Letter to the Federal Reserve (with copies to FDIC, OCC and House) on the Feds Payments System Improvements initiative specifically regarding the Feds role in these improvements and maintaining a system that is progressive, competitive and secure, with open access to community banks regardless of size, charter type and location (Federal Reserve, FDIC, OCC and House) Comment Letter to the Federal Housing Finance Agency (FHFA) regarding proposed rulemaking and request for comments on Affordable Housing Program (AHP) Amendments (RIN 2590-AA83) Action Alerts - Action Alert regarding passage of S. 2155 - The Economic Growth, Regulatory Relief and Consumer Protection Act (House) Miscellaneous - Implementation timeline for S. 2155 - The Economic Growth, Regulatory Relief and Consumer Protection Act (Federal Reserve, FDIC, OCC) Bank Secrecy Act (BSA) modernization - Currency Transaction Report (CTR) threshold (House, Senate) Expansionist Agenda of Credit Unions (House, Senate) Principals of GSE Reform (House, Senate) The impact of fintechs on community banks and the financial system including blockchain and Bitcoin, the opportunities and liabilities of consumer data sharing, evolution of the payment systems and payment systems improvements, Modernization of the Community Reinvestment Act (CRA) and the National Rate Cap on Deposits (FDIC) | Federal Deposit Insurance Corporation (FDIC),Federal Housing Finance Agency (FHFA),Federal Reserve System,HOUSE OF REPRESENTATIVES,Office of the Comptroller of the Currency (OCC),SENATE | 55000 | 0 | 0 | 2018-07-12T10:18:43.373000-04:00 |