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S. 1907 113th Congress Senate

Fairness for Community Job Creators Act

Official title: A bill to amend a provision of the Bank Holding Company Act of 1956 regarding prohibitions on investments in certain funds to clarify that such provision shall… Show full official titleShow less

Official title: A bill to amend a provision of the Bank Holding Company Act of 1956 regarding prohibitions on investments in certain funds to clarify that such provision shall not be construed to require the divestiture of certain collateralized debt obligations backed by trust-preferred securities or debt securities of collateralized loan obligations.

Introduced: January 9, 2014 See on congress.gov
Finance and Financial Sector Banking and financial institutions regulationSecurities
This bill died when the 113th Congress ended
It never became law before the 113th Congress (2013–2014) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 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
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 Latest action January 9, 2014

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

 Plain-English summary Congressional Research Service

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.

 Related & companion bills 2
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). S. 1907: Fairness for Community Job Creators Act. 113th Congress. Open America. https://openamerica.io/bill/113-S-1907/
MLA
"S. 1907: Fairness for Community Job Creators Act." 113th Congress, 2026, Open America, https://openamerica.io/bill/113-S-1907/.
Bluebook (legal)
S. 1907, 113th Cong. (2026), https://openamerica.io/bill/113-S-1907/.
Markdown link
[S. 1907: Fairness for Community Job Creators Act](https://openamerica.io/bill/113-S-1907/)
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