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Perlmutter, Tipton, Coffman join forces on banking bill

Monday, U.S. Reps. Ed Perlmutter, Mike Coffman and Scott Tipton introduced The Capital Access for Main Street (CAMS) Act, which they say will temporarily allow small community banks with under $10 billion in assets to spread out or amortize a portion of their commercial real estate losses over a seven-year period.