congressional budget office
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Tipton reintroduces small bank regulatory relief bill
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For a second straight year, U.S. Rep. Scott Tipton, R-CO3, has introduced the Taking Account of Institutions with Low Operation Risk (TAILOR) Act, a bill that would ease regulatory compliance for smaller community banks and credit unions. While a Congressional Budget Office estimate last year pegged Tipton’s bill as costing an estimated $20 million, Tipton said…