US HB3093 | 2017-2018 | 115th Congress

Status

Spectrum: Slight Partisan Bill (Democrat 4-2)
Status: Engrossed on December 12 2017 - 50% progression, died in committee
Action: 2017-12-12 - 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

Investor Clarity and Bank Parity Act (Sec. 2) This bill amends the Bank Holding Company Act of 1956 to permit a hedge fund or private-equity fund to share the same name, or a variation of the same name, with a banking entity that is an investment adviser to the hedge fund or private-equity fund, if: the investment adviser is not, and does not share the same name with, an insured depository institution, a company that controls an insured depository institution, or a company treated as a bank holding company for purposes of specified provisions of law relating to nonbanking activities of foreign banks; and the name does not contain the word "bank."

Tracking Information

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Title

Investor Clarity and Bank Parity Act

Sponsors


History

DateChamberAction
2017-12-12SenateReceived in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
2017-12-11HouseMotion to reconsider laid on the table Agreed to without objection.
2017-12-11HouseOn motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H9773)
2017-12-11HouseDEBATE - The House proceeded with forty minutes of debate on H.R. 3093.
2017-12-11HouseConsidered under suspension of the rules. (consideration: CR H9773)
2017-12-11HouseMr. Luetkemeyer moved to suspend the rules and pass the bill.
2017-11-28HousePlaced on the Union Calendar, Calendar No. 316.
2017-11-28HouseReported by the Committee on Financial Services. H. Rept. 115-426.
2017-11-14HouseOrdered to be Reported by Voice Vote.
2017-11-14HouseCommittee Consideration and Mark-up Session Held.
2017-06-28HouseReferred to the House Committee on Financial Services.
2017-06-28HouseIntroduced in House

Same As/Similar To

SB2155 (Related) 2018-05-24 - Became Public Law No: 115-174.
HR905 (Similar To) 2018-05-22 - Motion to reconsider laid on the table Agreed to without objection.

Subjects


US Congress State Sources


Bill Comments

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