HR 2121
115th Congress
House
Finance and Financial Sector
Administrative law and regulatory procedures
Bank accounts, deposits, capital
Banking and financial institutions regulation
Department of the Treasury
Federal Deposit Insurance Corporation (FDIC)
Federal Reserve System
Pension, Endowment, and Mutual Fund Access to Banking Act
Introduced: April 25, 2017
See on congress.gov
Everywhere this bill has been
7 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 26, 2018
Placed on the Union Calendar, Calendar No. 504.
Apr 26, 2018
Reported (Amended) by the Committee on Financial Services. H. Rept. 115-656.
Oct 12, 2017
Ordered to be Reported (Amended) by the Yeas and Nays: 60 - 0.
Oct 12, 2017
Committee Consideration and Mark-up Session Held.
Oct 11, 2017
Committee Consideration and Mark-up Session Held.
Apr 25, 2017
Referred to the House Committee on Financial Services.
Apr 25, 2017
Introduced in House
Plain-English summary
Pension, Endowment, and Mutual Fund Access to Banking Act
This bill excludes, for purposes of calculating a custodial bank's supplementary leverage ratio, funds of a custodial bank that are deposited with certain central banks. ("Supplementary leverage ratio" is a capital adequacy measure that refers to the ratio of a banking organization's tier-one capital to its leverage exposure.) The amount of such funds shall be limited, as specified by the bill.
What's happening now
Placed on the Union Calendar, Calendar No. 504.
Committees of jurisdiction
1