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H.R. 4492 · 116th Congress

Consumer Financial Choice and Capital Markets Protection Act of 2019

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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 116th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

GMD MooreSponsor
14 cosponsors · 8 D, 6 R

Consumer Financial Choice and Capital Markets Protection Act of 2019

What it does: CRS summary · Introduced in House · Sep 25, 2019

Consumer Financial Choice and Capital Markets Protection Act of 2019

This bill allows a money market fund, under specified conditions, to elect to operate using a different method of valuation than is otherwise required. A money market fund that elects to do so shall not be subject to specified requirements related to the imposition of liquidity fees.

Certain federal assistance may not be provided directly to any money market fund. This limitation on federal assistance must be disclosed in a money market's advertising and sales literature.

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

About this bill and sources

Official title: Consumer Financial Choice and Capital Markets Protection Act of 2019

Latest action (Sep 25, 2019): Referred to the House Committee on Financial Services.

Policy area: Finance and Financial Sector · Origin: House · Introduced: Sep 25, 2019

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

No recorded floor vote found.