HR 3182
116th Congress
House
Finance and Financial Sector
Accounting and auditing
Administrative law and regulatory procedures
Bank accounts, deposits, capital
Banking and financial institutions regulation
Business investment and capital
Competition and antitrust
Competitiveness, trade promotion, trade deficits
Congressional oversight
Consumer credit
Economic performance and conditions
Financial services and investments
Government studies and investigations
Securities and Exchange Commission (SEC)
Small business
CECL Consumer Impact and Study Bill of 2019
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 28, 2019
Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
Jun 10, 2019
Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Jun 10, 2019
Introduced in House
Plain-English summary
CECL Consumer Impact and Study Bill of 2019
This bill directs the Securities and Exchange Commission and federal financial regulators to report on the implementation of the Current Expected Credit Losses (CECL) accounting standard and its impact on credit availability, capital requirements, financial institutions, and nonfinancial institutions. Required compliance with the CECL standard is delayed until one year after submission of this report.
What's happening now
Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
Committees of jurisdiction
3