H.R. 2209 · 114th Congress
To require the appropriate Federal banking agencies to treat certain municipal obligations as level 2A liquid…
Full title
To require the appropriate Federal banking agencies to treat certain municipal obligations as level 2A liquid assets, and for other purposes.
Key: what the circles and colors mean
Each circle is a bill. The ring fills as it moves through Congress:
Under the number: the Yea · Nay count of its final (or latest) recorded vote. On a member's page, the small badge is how that member voted: Y Yea / Aye, N Nay / No, P Present, – Not voting.
Gold and violet are only for Yea and Nay; they never mean a party. A member's party is the letter on their photo.
Passed the House without a recorded vote, then expired. It passed by voice vote or unanimous consent, which don't record how each member voted, but didn't become law before the 114th Congress ended.
R
MesserSponsor29 cosponsors · 15 D, 14 R
D
Capuano
EC
D
Cleaver
RH
R
Hultgren
PK
R
King
CM
D
Maloney
GM
D
Moore
RN
R
Neugebauer
TS
D
Sewell
SS
R
Stivers
KS
D
Sinema
MV
D
Veasey
BP
R
Poliquin
EN
D
Norton
GM
D
Meeks
SI
D
Israel
RP
R
Pittenger
BS
D
Sherman
JV
D
Vargas
AB
R
Barr
DR
R
Ross
MB
R
Brooks
RH
R
Hudson
RK
D
Kelly
RE
R
Ellmers
LS
R
Smith
DR
R
Rouzer
RK
D
Kind
RL
R
Latta
DK
D
Kildee9 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
- House Introduced May 1, 2015
- House Passed Feb 1, 2016
The Federal Deposit Insurance Corporation, the Board of Governors of the Federal Reserve System, and the Comptroller of the Currency are directed to amend the rule titled "Liquidity Coverage Ratio: Liquidity Risk Measurement Standards; Final Rule" to implement this Act.
What it does: CRS summary · Passed House without amendment · Feb 1, 2016
(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)
(Sec. 1) This bill amends the Federal Deposit Insurance Act with respect to the treatment of certain municipal obligations to direct the federal banking agencies to treat as a high-quality level 2A liquid asset any municipal obligation that is liquid, readily marketable, and investment grade as of the calculation date.
The Federal Deposit Insurance Corporation, the Board of Governors of the Federal Reserve System, and the Comptroller of the Currency are directed to amend the rule titled "Liquidity Coverage Ratio: Liquidity Risk Measurement Standards; Final Rule" to implement this Act.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: To require the appropriate Federal banking agencies to treat certain municipal obligations as level 2A liquid assets, and for other purposes.
Latest action (Feb 11, 2016): Committee on Banking, Housing, and Urban Affairs. Hearings held.
Policy area: Finance and Financial Sector · Origin: House · Introduced: May 1, 2015
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
- House Introduced May 1, 2015
- House Passed Feb 1, 2016
No recorded floor vote found.