H.Con.Res. 224 · 111th Congress
Encouraging Federal financial regulators to establish clear and consistent guidelines for financial…
Full title
Encouraging Federal financial regulators to establish clear and consistent guidelines for financial institutions seeking to grow or expand.
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Never voted on. It didn't reach a floor vote before the 111th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
PoseySponsor6 cosponsors · 6 R
3 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Expresses the sense of Congress that: (1) the growth or expansion of sound financial institutions should be encouraged; (2) federal financial regulatory requirements and expectations, including capital requirements, for all financial institutions should be up-front, clear, consistent, and predictable; (3) federal financial regulators and auditors review…
What it does: CRS summary · Introduced in House · Dec 16, 2009
Expresses the sense of Congress that: (1) the growth or expansion of sound financial institutions should be encouraged; (2) federal financial regulatory requirements and expectations, including capital requirements, for all financial institutions should be up-front, clear, consistent, and predictable; (3) federal financial regulators and auditors review applications, conduct examinations, and classify loans and other assets with regard to sound underwriting standards and within the bounds of common sense; and (4) federal financial regulators respond to applications and inquiries within a timely manner.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Encouraging Federal financial regulators to establish clear and consistent guidelines for financial institutions seeking to grow or expand.
Latest action (Dec 16, 2009): Referred to the House Committee on Financial Services.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Dec 16, 2009
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.