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HR 3899 117th Congress House Finance and Financial Sector

Financial Stability Oversight Council Improvement Act of 2021

Introduced: June 15, 2021 Introduced by: Foster, Bill Democratic · Illinois See on congress.gov
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This bill died when the 117th Congress ended
It never became law before the 117th Congress (2021–2022) 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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 15, 2021
Referred to the House Committee on Financial Services.
Jun 15, 2021
Introduced in House
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 Plain-English summary Congressional Research Service

Financial Stability Oversight Council Improvement Act of 2021

The bill requires the Financial Stability Oversight Council, prior to determining that a U.S. nonbank financial company shall be supervised by the Federal Reserve Board and therefore subject to certain prudential standards, to first determine that certain alternative actions would not mitigate the threat the company may pose to U.S. financial stability.

What's happening now June 15, 2021

Referred to the House Committee on Financial Services.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 3
All 3 Republican 1
Hollingsworth, Trey
· Jun 15, 2021
 R
Huizenga, Bill
Michigan · Jun 15, 2021
Perlmutter, Ed
· Jun 15, 2021
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 3899: Financial Stability Oversight Council Improvement Act of 2021. 117th Congress. Open America. https://openamerica.io/bill/117-HR-3899/
MLA
"H.R. 3899: Financial Stability Oversight Council Improvement Act of 2021." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-HR-3899/.
Bluebook (legal)
H.R. 3899, 117th Cong. (2026), https://openamerica.io/bill/117-HR-3899/.
Markdown link
[H.R. 3899: Financial Stability Oversight Council Improvement Act of 2021](https://openamerica.io/bill/117-HR-3899/)
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