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HR 2121 115th Congress House

Pension, Endowment, and Mutual Fund Access to Banking Act

Official title: To require the appropriate Federal banking agencies to revise regulations to specify that certain funds shall not be taken into account when calculating any su… Show full official titleShow less

Official title: To require the appropriate Federal banking agencies to revise regulations to specify that certain funds shall not be taken into account when calculating any supplementary leverage ratio for custodial banks, and for other purposes.

Introduced: October 24, 2017 See on congress.gov
Finance and Financial Sector Administrative law and regulatory proceduresBank accounts, deposits, capitalBanking and financial institutions regulationDepartment of the Treasury
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Federal Deposit Insurance Corporation (FDIC)Federal Reserve System
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This bill died when the 115th Congress ended
It never became law before the 115th Congress (2017–2018) 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 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
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 Latest action April 26, 2018

Placed on the Union Calendar, Calendar No. 504.

 Plain-English summary Congressional Research Service

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.

 Bill text 2 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 28
All 28 Democratic 10 Republican 9
D
Moulton, Seth
Massachusetts · Oct 24, 2017
 R
Wagner, Ann
Missouri · Oct 24, 2017
Byrne, Bradley
· Oct 11, 2017
Messer, Luke
· Oct 11, 2017
 R
Tenney, Claudia
New York · Oct 11, 2017
 R
Banks, Jim
Indiana · Oct 10, 2017
Poliquin, Bruce
· Oct 10, 2017
 D
Clark, Katherine M.
Massachusetts · Sep 27, 2017
Donovan, Daniel
· Sep 27, 2017
MacArthur, Thomas
· Sep 27, 2017
 D
McGovern, James P.
Massachusetts · Sep 27, 2017
 R
Emmer, Tom
Minnesota · Sep 25, 2017
 R
Budd, Ted
North Carolina · Sep 14, 2017
Pittenger, Robert
· Sep 14, 2017
ROYCE, ED
· Sep 6, 2017
 R
Huizenga, Bill
Michigan · Sep 5, 2017
 R
Hill, J. French
Arkansas · Aug 18, 2017
 D
Himes, James A.
Connecticut · Aug 18, 2017
 D
Moore, Gwen
Wisconsin · Jul 20, 2017
Zeldin, Lee
· Jun 27, 2017
 D
Lynch, Stephen F.
Massachusetts · Jun 22, 2017
 R
Barr, Andy
Kentucky · Jun 20, 2017
 D
Gottheimer, Josh
New Jersey · Jun 20, 2017
 D
Velázquez, Nydia M.
New York · Jun 20, 2017
 D
Meeks, Gregory W.
New York · May 16, 2017
 R
Loudermilk, Barry
Georgia · Apr 26, 2017
 D
Foster, Bill
Illinois · Apr 25, 2017
Hultgren, Randy
· Apr 25, 2017
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 2121: Pension, Endowment, and Mutual Fund Access to Banking Act. 115th Congress. Open America. https://openamerica.io/bill/115-HR-2121/
MLA
"H.R. 2121: Pension, Endowment, and Mutual Fund Access to Banking Act." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-HR-2121/.
Bluebook (legal)
H.R. 2121, 115th Cong. (2026), https://openamerica.io/bill/115-HR-2121/.
Markdown link
[H.R. 2121: Pension, Endowment, and Mutual Fund Access to Banking Act](https://openamerica.io/bill/115-HR-2121/)
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