H.R. 4881 · 113th Congress
To place a 6-month moratorium on the authority of the Financial Stability Oversight Council to make financial…
Full title
To place a 6-month moratorium on the authority of the Financial Stability Oversight Council to make financial stability determinations.
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Never voted on. It didn't reach a floor vote before the 113th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
NeugebauerSponsor8 cosponsors · 8 R
5 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Establishes a six-month moratorium during which the Financial Stability Oversight Council is prohibited from making a determination under the Financial Stability Act of 2010 that a U.S.
What it does: CRS summary · Introduced in House · Jun 17, 2014
Establishes a six-month moratorium during which the Financial Stability Oversight Council is prohibited from making a determination under the Financial Stability Act of 2010 that a U.S. nonbank financial company shall be supervised by the Board of Governors of the Federal Reserve System and be subject to prudential standards, if the Council determines that material financial distress at the company (or its nature, scope, size, scale, concentration, interconnectedness, or mix of activities) could pose a threat to the financial stability of the United States.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: To place a 6-month moratorium on the authority of the Financial Stability Oversight Council to make financial stability determinations.
Latest action (Jun 20, 2014): Ordered to be Reported by the Yeas and Nays: 32 - 27.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Jun 17, 2014
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.