US SB1139 | 2017-2018 | 115th Congress
Status
Spectrum: Slight Partisan Bill (Democrat 3-1)
Status: Introduced on May 16 2017 - 25% progression, died in committee
Action: 2017-05-16 - 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 (Introduced) [PDF]
Status: Introduced on May 16 2017 - 25% progression, died in committee
Action: 2017-05-16 - 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 (Introduced) [PDF]
Summary
Main Street Regulatory Fairness Act This bill amends the Financial Stability Act of 2010 to increase, from $10 billion to $50 billion, the consolidated-assets threshold at which stress-testing requirements apply to certain financial companies. The bill also specifies that stress tests must be conducted periodically (rather than semiannually or annually, depending on the type of financial company, as required under current law).
Title
Main Street Regulatory Fairness Act
Sponsors
| Sen. Jon Tester [D-MT] | Sen. Jerry Moran [R-KS] | Sen. Heidi Heitkamp [D-ND] | Sen. Claire McCaskill [D-MO] |
History
| Date | Chamber | Action |
|---|---|---|
| 2017-05-16 | Senate | Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. |
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.
HR905 (Similar To) 2018-05-22 - Motion to reconsider laid on the table Agreed to without objection.
Subjects
Banking and financial institutions regulation
Finance and financial sector
Government information and archives
Finance and financial sector
Government information and archives
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/115th-congress/senate-bill/1139/all-info |
| Text | https://www.congress.gov/115/bills/s1139/BILLS-115s1139is.pdf |
