US HB2290 | 2019-2020 | 116th Congress

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Engrossed on September 23 2019 - 50% progression, died in committee
Action: 2019-09-23 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Engrossed) [PDF]

Summary

Directs financial regulators—including the Federal Reserve Board, the Consumer Financial Protection Bureau, the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, and the National Credit Union Administration—to issue guidance relating to a government shutdown. Among other things, financial regulators must issue guidance encouraging financial institutions to modify loan terms and to extend credit to consumers and businesses affected by a shutdown, and to take steps to prevent the reporting of adverse credit information related to a shutdown. Financial regulators must also notify the public of this guidance in the event of a government shutdown, and complete a report after a government shutdown regarding the guidance's effectiveness.

Tracking Information

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Title

Shutdown Guidance for Financial Institutions Act

Sponsors


History

DateChamberAction
2019-09-23SenateReceived in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
2019-09-19HouseMotion to reconsider laid on the table Agreed to without objection.
2019-09-19HouseOn motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H7805-7806)
2019-09-19HouseDEBATE - The House proceeded with forty minutes of debate on H.R. 2290.
2019-09-19HouseConsidered under suspension of the rules. (consideration: CR H7805-7807)
2019-09-19HouseMs. Waters moved to suspend the rules and pass the bill, as amended.
2019-04-10HouseReferred to the House Committee on Financial Services.
2019-04-10HouseIntroduced in House

Same As/Similar To

SB2919 (Related) 2019-11-20 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Subjects


US Congress State Sources


Bill Comments

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