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H.R. 2727 · 111th Congress

Financial Transparency Restoration Act

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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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.

WJR JonesSponsor
5 cosponsors · 3 D, 2 R

0 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

Financial Transparency Restoration Act - Requires each financial institution to publish, within 30 days after the end of each fiscal quarter, a statement of its financial condition in a newspaper of general paid circulation published in a city or county within each of its market areas.

What it does: CRS summary · Introduced in House · Jun 4, 2009

Financial Transparency Restoration Act - Requires each financial institution to publish, within 30 days after the end of each fiscal quarter, a statement of its financial condition in a newspaper of general paid circulation published in a city or county within each of its market areas.

Requires such financial statements to include a written verification of the accuracy of the statement, under oath or by affirmation, by the president of the financial institution or another officer designated by its board of directors.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Financial Transparency Restoration Act

Latest action (Jun 22, 2010): Referred to the Subcommittee on General Farm Commodities and Risk Management.

Policy area: Finance and Financial Sector · Origin: House · Introduced: Jun 4, 2009

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.