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S 1117 115th Congress Senate Finance and Financial Sector Bank accounts, deposits, capital Consumer affairs Financial crises and stabilization Financial services and investments Government lending and loan guarantees Securities

Consumer Financial Choice and Capital Markets Protection Act of 2017

Introduced: May 11, 2017 See on congress.gov
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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 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 26, 2018
Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-354.
May 11, 2017
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
May 11, 2017
Introduced in Senate
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 Plain-English summary Congressional Research Service

Consumer Financial Choice and Capital Markets Protection Act of 2017

This bill amends the Investment Company Act of 1940 to allow a money market fund, under specified conditions, to elect to operate using a different method of valuation than is otherwise required. A money market fund that elects to do so shall not be subject to specified requirements related to the imposition of liquidity fees.

Certain federal assistance may not be provided directly to any money market fund. This limitation on federal assistance must be disclosed in a money market's advertising and sales literature.

What's happening now June 26, 2018

Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-354.

 Related & companion bills 1
  • HR 2319 Identical bill Consumer Financial Choice and Capital Markets Protection Act of 2018
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 2
All 2 Democratic 1 Republican 1
D
Peters, Gary C.
Michigan · Sep 14, 2017
 R
Rounds, Mike
South Dakota · May 11, 2017
Cite this page click to expand
APA
U.S. Congress. (2026). S. 1117: Consumer Financial Choice and Capital Markets Protection Act of 2017. 115th Congress. Open America. https://openamerica.io/bill/115-S-1117/
MLA
"S. 1117: Consumer Financial Choice and Capital Markets Protection Act of 2017." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-S-1117/.
Bluebook (legal)
S. 1117, 115th Cong. (2026), https://openamerica.io/bill/115-S-1117/.
Markdown link
[S. 1117: Consumer Financial Choice and Capital Markets Protection Act of 2017](https://openamerica.io/bill/115-S-1117/)
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