{"database": "lobbying", "table": "lobbying_activities", "rows": [[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\n\nTiered regulation and supervision for community banks as contained in the Independent Community Bankers of Americas (ICBA) Plan for Prosperity\n\nThe ICBAs Plan for Prosperity contains the following issue areas and recommendations.\n\nRegulatory Relief\nBalance consumer regulation through more accountable Consumer Financial Protection Bureau governance\nEliminate arbitrary disparate impact fair lending lawsuits\nEnsure the viability of mutual banks through new charter and capital options\nSupport rigorous cost-benefit analyses of all new rules to determine if they are justified and indeed needed\nModernize the Bank Secrecy Act (BSA)\nCut the red tape in small business lending by eliminating burdensome data collection\nTarget the Volker Rule on a banks individual risk\nPreserve access to investment advice for middle-class savers\n\nMortgage Reform\nCreate a safe harbor from onerous underwriting standards\nEstablish relief from burdensome HMDA, escrow and appraisal requirements\nPreserve the ability for community banks to continue servicing mortgage loans\nReform the closing process and accompanying paperwork\n\nTax Relief\nLower marginal rates needed for individuals, corporations and businesses\nIncentivize credit for low- and middle-income customers and American agriculture \nModernize Subchapter S constraints\nCreate limited liability corporation (LLC) option for community banks\nRepeal the estate tax\nUpdate the bank qualified (BQ) bond issuer limitation\nSupport a five-year loss carryback that encourages lending during economic downturns\nCreate a tax credit for Bank Secrecy Act (BSA) compliance costs\n(House, Senate)\n\nLegislation -\n\nS. 2155 - The Economic Growth, Regulatory Relief and Consumer Protection Act (All sections but in particular: \nIncreasing exemption thresholds for Home Mortgage Disclosure Act (HMDA) reporting;\nGranting Qualified Mortgage (QM) status for portfolio mortgage loans at most community banks;\nExempting certain community bank loans from escrow requirements;\nSimplifying community bank capital requirements;\nIncreasing eligibility for a short-form Call Report to restore proportionality to quarterly reporting;\nExpanding eligibility for the 18-month regulatory examination cycle;\nEasing appraisal requirements to facilitate mortgage credit in local communities;\nExempting most community banks from the Volcker Rule;\nExpanding access to the Federal Reserves Small Bank Holding Company Policy Statement to help more community banks build capital;\nImproving regulatory treatment of reciprocal deposits and certain municipal securities; and\nSection 401 - SIFI thresholds) (Senate, House, FDIC)\n\nLetters -\n\nLetter 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)\n\nComment Letter to the Federal Housing Finance Agency (FHFA) regarding proposed rulemaking and request for comments on Affordable Housing Program (AHP) Amendments (RIN 2590-AA83)\n  \n\nAction Alerts -\n\nAction Alert regarding passage of S. 2155 - The Economic Growth, Regulatory Relief and Consumer Protection Act (House)\n\n\nMiscellaneous -\n\nImplementation timeline for S. 2155 - The Economic Growth, Regulatory Relief and Consumer Protection Act (Federal Reserve, FDIC, OCC)\n\nBank Secrecy Act (BSA) modernization - Currency Transaction Report (CTR) threshold (House, Senate)\n\nExpansionist Agenda of Credit Unions (House, Senate)\n\nPrincipals of GSE Reform (House, Senate)\n\nThe 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", 0, 0, "2018-07-12T10:18:43.373000-04:00"]], "columns": ["id", "filing_uuid", "filing_type", "registrant_name", "registrant_id", "client_name", "filing_year", "filing_period", "issue_code", "specific_issues", "government_entities", "is_no_activity", "is_termination", "received_date"], "primary_keys": ["id"], "primary_key_values": ["2142813"], "units": {}, "query_ms": 0.257974024862051, "source": "Federal Register API & Regulations.gov API", "source_url": "https://www.federalregister.gov/developers/api/v1", "license": "Public Domain (U.S. Government data)", "license_url": "https://www.regulations.gov/faq"}