S 1907
113th Congress
Senate
Finance and Financial Sector
Banking and financial institutions regulation
Securities
Fairness for Community Job Creators Act
Introduced: January 9, 2014
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 9, 2014
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jan 9, 2014
Introduced in Senate
Plain-English 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.
What's happening now
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Committees of jurisdiction
1