US SB1907 | 2013-2014 | 113th Congress

Status

Spectrum: Partisan Bill (Republican 12-0)
Status: Introduced on January 9 2014 - 25% progression, died in committee
Action: 2014-01-09 - 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

Fairness for Community Job Creators Act - Amends the Bank Holding Company Act of 1956 relating to prohibitions on proprietary trading and certain relationships with hedge and private equity funds (Volcker Rule). Prohibits any construction of these prohibitions to require divestiture of collateralized debt obligations backed by trust-preferred securities or debt securities of collateralized loan obligations, if those collateralized debt obligations or collateralized loan obligations were issued before December 10, 2013.

Tracking Information

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Title

Fairness for Community Job Creators Act

Sponsors


History

DateChamberAction
2014-01-09SenateRead twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Same As/Similar To

HB3819 (Related) 2014-01-08 - Referred to the House Committee on Financial Services.
HB4167 (Related) 2014-04-30 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Subjects


US Congress State Sources


Bill Comments

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