HR 3093
115th Congress
House
Finance and Financial Sector
Banking and financial institutions regulation
Financial services and investments
Securities
Investor Clarity and Bank Parity Act
Introduced: June 28, 2017
See on congress.gov
Everywhere this bill has been
13 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 12, 2017
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Dec 11, 2017
Motion to reconsider laid on the table Agreed to without objection.
Dec 11, 2017
On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H9773)
Dec 11, 2017
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote.(text: CR H9773)
Dec 11, 2017
DEBATE - The House proceeded with forty minutes of debate on H.R. 3093.
Dec 11, 2017
Considered under suspension of the rules. (consideration: CR H9773)
Dec 11, 2017
Mr. Luetkemeyer moved to suspend the rules and pass the bill.
Nov 28, 2017
Placed on the Union Calendar, Calendar No. 316.
Nov 28, 2017
Reported by the Committee on Financial Services. H. Rept. 115-426.
Nov 14, 2017
Committee Consideration and Mark-up Session Held.
Nov 14, 2017
Ordered to be Reported by Voice Vote.
Jun 28, 2017
Introduced in House
Jun 28, 2017
Referred to the House Committee on Financial Services.
Plain-English summary
Investor Clarity and Bank Parity Act
(Sec. 2) This bill amends the Bank Holding Company Act of 1956 to permit a hedge fund or private-equity fund to share the same name, or a variation of the same name, with a banking entity that is an investment adviser to the hedge fund or private-equity fund, if:
- the investment adviser is not, and does not share the same name with, an insured depository institution, a company that controls an insured depository institution, or a company treated as a bank holding company for purposes of specified provisions of law relating to nonbanking activities of foreign banks; and
- the name does not contain the word "bank."
What's happening now
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Committees of jurisdiction
2