HR 741
116th Congress
House
Finance and Financial Sector
Administrative law and regulatory procedures
Banking and financial institutions regulation
Congressional oversight
Consumer Financial Protection Bureau
Department of the Treasury
Federal Deposit Insurance Corporation (FDIC)
Federal Reserve System
National Credit Union Administration
TAILOR Act of 2019
Introduced: January 24, 2019
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 24, 2019
Referred to the House Committee on Financial Services.
Jan 24, 2019
Introduced in House
Plain-English summary
Taking Account of Institutions with Low Operation Risk Act of 2019 or the TAILOR Act of 2019
This bill requires federal financial regulatory agencies to (1) tailor any regulatory actions so as to limit burdens on the institutions involved, with consideration of the risk profiles and business models of those institutions; and (2) report to Congress on specific actions taken to do so, as well as on other related issues. The bill's tailoring requirement applies not only to future regulatory actions but also to regulations adopted within the last seven years.
What's happening now
Referred to the House Committee on Financial Services.
Committees of jurisdiction
1