H.R. 4232 · 117th Congress
Financial Guidance Review Act of 2021
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Never voted on. It didn't reach a floor vote before the 117th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
MooneySponsor1 cosponsor · 1 R
1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill requires specified financial regulatory agencies to annually review guidance issued by the agency to identify whether any such guidance may reasonably be anticipated to have an annual economic effect greater than or equal to $100 million. If so, the agency must revoke this guidance and provide public notice of the revocation.
What it does: CRS summary · Introduced in House · Jun 29, 2021
Financial Guidance Review Act of 2021
This bill requires specified financial regulatory agencies to annually review guidance issued by the agency to identify whether any such guidance may reasonably be anticipated to have an annual economic effect greater than or equal to $100 million. If so, the agency must revoke this guidance and provide public notice of the revocation. The agency must also report the results to Congress upon completion of any such review.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Financial Guidance Review Act of 2021
Latest action (Jul 28, 2021): Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Jun 29, 2021
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.