To require the appropriate Federal banking agencies to treat certain municipal obligations as level 2A liquid assets, and for other purposes.
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(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)
(Sec. 1) This bill amends the Federal Deposit Insurance Act with respect to the treatment of certain municipal obligations to direct the federal banking agencies to treat as a high-quality level 2A liquid asset any municipal obligation that is liquid, readily marketable, and investment grade as of the calculation date.
The Federal Deposit Insurance Corporation, the Board of Governors of the Federal Reserve System, and the Comptroller of the Currency are directed to amend the rule titled "Liquidity Coverage Ratio: Liquidity Risk Measurement Standards; Final Rule" to implement this Act.
Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 114-231.
- Engrossed in House Formatted Text PDF Formatted XML
- Introduced in House Formatted Text PDF Formatted XML
- Referred in Senate Formatted Text PDF Formatted XML
- Reported in House Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). H.R. 2209: To require the appropriate Federal banking agencies to treat certain municipal obligations as level 2A liquid assets, and for other purposes.. 114th Congress. Open America. https://openamerica.io/bill/114-HR-2209/
"H.R. 2209: To require the appropriate Federal banking agencies to treat certain municipal obligations as level 2A liquid assets, and for other purposes.." 114th Congress, 2026, Open America, https://openamerica.io/bill/114-HR-2209/.
H.R. 2209, 114th Cong. (2026), https://openamerica.io/bill/114-HR-2209/.
[H.R. 2209: To require the appropriate Federal banking agencies to treat certain municipal obligations as level 2A liquid assets, and for other purposes.](https://openamerica.io/bill/114-HR-2209/)