HR 3838
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
Financial services and investments
Securities
Trust Preferred Securities Act of 2017
Introduced: September 26, 2017
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 26, 2017
Referred to the House Committee on Financial Services.
Sep 26, 2017
Introduced in House
Plain-English summary
Trust Preferred Securities Act of 2017
This bill requires federal banking agencies to treat as qualifying capital instruments certain investments in the capital of unconsolidated financial institutions. Specifically, the bill applies to investments in trust-preferred securities held prior to July 21, 2010, by a depository institution or holding company.
What's happening now
Referred to the House Committee on Financial Services.
Committees of jurisdiction
1