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Congressional bills and resolutions from Congress.gov, filtered to policy areas relevant to environmental, health, agriculture, and wildlife regulation.

Data license: Public Domain (U.S. Government data) · Data source: Federal Register API & Regulations.gov API

600 rows where congress = 117 and policy_area = "Finance and Financial Sector" sorted by introduced_date descending

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bill_type 6

  • hr 371
  • s 211
  • sres 8
  • hres 5
  • hjres 3
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policy_area 1

  • Finance and Financial Sector · 600 ✖

congress 1

  • 117 · 600 ✖
bill_id congress bill_type bill_number title policy_area introduced_date ▲ latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
117-hr-9705 117 hr 9705 Promoting Diverse Investment Advisers Act Finance and Financial Sector 2023-01-03 2023-01-03 Referred to the House Committee on Financial Services. House Rep. Beatty, Joyce [D-OH-3] OH D B001281 0 Promoting Diverse Investment Advisers Act This bill requires the Federal Reserve Board to set goals related to woman-, minority-, or veteran-owned or controlled firms in certain investment management agreements made related to the board's authority in unusual and exigent circumstances. 2023-08-25T15:15:20Z https://www.congress.gov/bill/117th-congress/house-bill/9705
117-hr-9706 117 hr 9706 Ensuring Diverse Leadership Act of 2022 Finance and Financial Sector 2023-01-03 2023-01-03 Referred to the House Committee on Financial Services. House Rep. Beatty, Joyce [D-OH-3] OH D B001281 0 Ensuring Diverse Leadership Act of 2022 This bill requires that, when appointing a president, a Federal Reserve Bank must interview at least one individual reflective of gender diversity and one reflective of racial or ethnic diversity. The bill amends numerous banking-, finance-, and trade-related acts to make references to officials (including those to the Chairman of the Board of Governors of the Federal Reserve System) gender-neutral. 2023-08-15T15:00:25Z https://www.congress.gov/bill/117th-congress/house-bill/9706
117-hr-9699 117 hr 9699 Examining Educational Redlining in Lending Act Finance and Financial Sector 2022-12-30 2022-12-30 Referred to the House Committee on Financial Services. House Rep. Beatty, Joyce [D-OH-3] OH D B001281 0 Examining Educational Redlining in Lending Act This bill requires the Consumer Financial Protection Bureau to annually assess and report on the use of educational data in determining a consumer's creditworthiness by an individual offering a consumer financial product or service. 2023-08-10T21:15:23Z https://www.congress.gov/bill/117th-congress/house-bill/9699
117-hr-9643 117 hr 9643 Ensuring Diverse Leadership Act of 2022 Finance and Financial Sector 2022-12-21 2022-12-21 Referred to the House Committee on Financial Services. House Rep. Beatty, Joyce [D-OH-3] OH D B001281 0 Ensuring Diverse Leadership Act of 2022 This bill requires that, when appointing a president, a Federal Reserve Bank must interview at least one individual reflective of gender diversity and one reflective of racial or ethnic diversity. The bill amends numerous banking-, finance-, and trade-related acts to make references to officials (including those to the Chairman of the Board of Governors of the Federal Reserve System) gender-neutral. 2023-04-13T18:00:19Z https://www.congress.gov/bill/117th-congress/house-bill/9643
117-s-5340 117 s 5340 Stablecoin TRUST Act of 2022 Finance and Financial Sector 2022-12-21 2022-12-21 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Senate Sen. Toomey, Patrick [R-PA] PA R T000461 0 Stablecoin Transparency of Reserves and Uniform Safe Transactions Act of 2022 or the Stablecoin TRUST Act of 2022 This bill establishes a regulatory framework for payment stablecoins (digital assets which an issuer must directly convert to fiat currency). Specifically, the bill only allows the following entities to issue stablecoins a money transmitting business, a non-depository trust company, or any other person that is authorized by a state banking supervisor to issue payment stablecoins; a national limited payment stablecoin issuer; a depository institution; or a national trust bank. 2023-08-29T15:45:29Z https://www.congress.gov/bill/117th-congress/senate-bill/5340
117-s-5341 117 s 5341 Federal Reserve Accountability Act of 2022 Finance and Financial Sector 2022-12-21 2022-12-21 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Senate Sen. Toomey, Patrick [R-PA] PA R T000461 6 Federal Reserve Accountability Act of 2022 This bill reduces the number of Federal Reserve districts from 12 to 5, requires Senate confirmation for Federal Reserve bank presidents, and makes other changes to the operation of the Federal Reserve Board and Federal Reserve banks. 2023-09-14T20:15:24Z https://www.congress.gov/bill/117th-congress/senate-bill/5341
117-s-5342 117 s 5342 Preserving Homes and Communities Act of 2022 Finance and Financial Sector 2022-12-21 2022-12-21 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S9780-9781) Senate Sen. Reed, Jack [D-RI] RI D R000122 3 Preserving Homes and Communities Act of 2022 This bill establishes requirements for the sale by the Department of Housing and Urban Development of non-performing single-family residential mortgages that are insured under the National Housing Act. 2023-09-01T19:00:26Z https://www.congress.gov/bill/117th-congress/senate-bill/5342
117-s-5345 117 s 5345 Consumer Transaction Account Protection Act of 2022 Finance and Financial Sector 2022-12-21 2022-12-21 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Senate Sen. Moran, Jerry [R-KS] KS R M000934 0 Consumer Transaction Account Protection Act of 2022 This bill specifies that consumer transaction account deposits of an insured depository institution are not funds obtained through a deposit broker. In general, current law prohibits an insured depository institution that is not well capitalized from accepting for deposit funds obtained through a deposit broker. 2023-11-19T12:06:13Z https://www.congress.gov/bill/117th-congress/senate-bill/5345
117-s-5346 117 s 5346 Brokered Deposit Affiliate-Subsidiary Modernization Act of 2022 Finance and Financial Sector 2022-12-21 2022-12-21 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Senate Sen. Moran, Jerry [R-KS] KS R M000934 0 Brokered Deposit Affiliate-Subsidiary Modernization Act of 2022 This bill excludes affiliates and subsidiaries of an insured depository institution from certain limitations applicable to brokered deposits. (Brokered deposits are a type of deposit accepted by an institution from a third-party deposit broker for investment purposes. Institutions that accept brokered deposits are subject to additional regulatory requirements, including those related to liquidity.) The bill also expands the definition of an employee of an insured depository institution, thereby exempting these individuals from treatment as a deposit broker. Specifically, the bill includes as an employee (1) an individual who receives compensation in any form from an insured depository institution or from an affiliate or subsidiary, and (2) a registered representative of a broker or dealer that is an affiliate or subsidiary of an insured depository institution. 2023-11-19T04:17:03Z https://www.congress.gov/bill/117th-congress/senate-bill/5346
117-s-5347 117 s 5347 Asset Growth Restriction Act of 2022 Finance and Financial Sector 2022-12-21 2022-12-21 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Senate Sen. Moran, Jerry [R-KS] KS R M000934 0 Asset Growth Restriction Act of 2022 This bill repeals restrictions related to brokered deposits and provides for asset growth restrictions applicable to insured depository institutions. Brokered deposits are deposits made to an insured institution, such as a bank, through a third-party broker for investment purposes. Currently, only well-capitalized banks are allowed to solicit and accept brokered deposits, while institutions that are adequately capitalized may accept if granted a waiver. Undercapitalized banks are prohibited from accepting these deposits. The bill repeals these brokered deposit restrictions and directs the Federal Deposit Insurance Corporation to establish limits on growth of average total assets for less than well-capitalized institutions to maintain their safety and soundness. 2023-11-19T21:34:59Z https://www.congress.gov/bill/117th-congress/senate-bill/5347
117-s-5300 117 s 5300 Financial Regulators Transparency Act of 2022 Finance and Financial Sector 2022-12-19 2022-12-19 Read twice and referred to the Committee on the Judiciary. Senate Sen. Toomey, Patrick [R-PA] PA R T000461 3 Financial Regulators Transparency Act of 2022 This bill makes certain disclosure and ethics requirements applicable to the Federal Reserve banks and financial regulators. For example, the bill makes Federal Reserve banks subject to Freedom of Information Act requests and makes financial regulators subject to congressional ethics inquiries. 2023-09-14T17:30:26Z https://www.congress.gov/bill/117th-congress/senate-bill/5300
117-sres-874 117 sres 874 A resolution expressing the sense of the Senate that the activities of transnational criminal organizations, including the use of illicit economies, illicit trade, and trade-based money laundering, pose a risk to the interests of the United States and allies and partners of the United States around the world. Finance and Financial Sector 2022-12-19 2022-12-19 Submitted in the Senate, considered, and agreed to without amendment and with a preamble by Unanimous Consent. (consideration: CR S7305; text: CR S7312-7313) Senate Sen. Cassidy, Bill [R-LA] LA R C001075 2 This resolution supports efforts to combat illicit economies, illicit trade, and trade-based money laundering through risk assessments, strategies, and coordination with international partners. 2023-08-24T20:45:20Z https://www.congress.gov/bill/117th-congress/senate-resolution/874
117-hr-9611 117 hr 9611 To delay the implementation of the modifications of exceptions for reporting of third party network transactions. Finance and Financial Sector 2022-12-16 2022-12-16 Referred to the House Committee on Ways and Means. House Rep. Miller, Carol D. [R-WV-3] WV R M001205 0 This bill delays the implementation of a de minimis exception to the tax reporting requirements of third party network transactions for transactions not exceeding $600. 2023-02-24T19:45:30Z https://www.congress.gov/bill/117th-congress/house-bill/9611
117-hr-9570 117 hr 9570 Improving Disclosure for Investors Act of 2022 Finance and Financial Sector 2022-12-15 2022-12-15 Referred to the House Committee on Financial Services. House Rep. Huizenga, Bill [R-MI-2] MI R H001058 1 Improving Disclosure for Investors Act of 2022 This bill requires the Securities and Exchange Commission (SEC) to propose and finalize rules to allow entities to deliver regulatory documents to investors electronically. The SEC must establish a mechanism for investors to opt out of electronic delivery and receive paper documents instead. If the SEC does not finalize rules within one year after enactment, the bill allows for electronic delivery of these documents. 2023-03-02T19:30:33Z https://www.congress.gov/bill/117th-congress/house-bill/9570
117-hr-9588 117 hr 9588 Consumer Information Notification Requirement Act Finance and Financial Sector 2022-12-15 2022-12-15 Referred to the House Committee on Financial Services. House Rep. Luetkemeyer, Blaine [R-MO-3] MO R L000569 6 Consumer Information Notification Requirement Act This bill requires federal financial regulators to set forth rules regarding data breaches. Specifically, these rules must require financial institutions, banks, and other specified entities to notify customers of breaches likely to result in identity theft, fraud, or economic loss. 2023-03-01T14:01:42Z https://www.congress.gov/bill/117th-congress/house-bill/9588
117-hr-9603 117 hr 9603 SEC Regulatory Accountability Act Finance and Financial Sector 2022-12-15 2022-12-15 Referred to the House Committee on Financial Services. House Rep. Wagner, Ann [R-MO-2] MO R W000812 0 SEC Regulatory Accountability Act This bill direct the Securities and Exchange Commission (SEC) to make specified considerations before issuing securities regulations. Specifically, the SEC must identify the nature and source of the problem that the proposed regulation is designed to address; adopt a regulation only upon a reasoned determination that its benefits justify its costs; identify and assess available alternatives to any regulation; and ensure that any regulation is accessible, consistent, written in plain language, and easy to understand. In determining the costs and benefits of a proposed regulation, the SEC must consider its impact on investors, market liquidity, small businesses, and competition. In addition, the SEC must periodically review its existing regulations to determine if they are outmoded, ineffective, insufficient, or excessively burdensome and review, modify, streamline, expand, or repeal them accordingly. Whenever it adopts or amends a major rule, the SEC must state (1) the regulation's purposes and intended consequences, (2) metrics for measuring the regulation's economic impact, (3) the assessment plan to be used to assess whether the regulation has achieved its stated purposes, and (4) any foreseeable unintended or negative consequences of the regulation. 2023-03-02T20:15:24Z https://www.congress.gov/bill/117th-congress/house-bill/9603
117-hr-9605 117 hr 9605 To amend the Securities Act of 1933 to expand the research report exception to include reports about any issuer that undertakes a proposed offering of public securities. Finance and Financial Sector 2022-12-15 2022-12-15 Referred to the House Committee on Financial Services. House Rep. Williams, Roger [R-TX-25] TX R W000816 0 This bill allows a securities broker or dealer to publish or distribute a research report on a proposed public offering without it being considered an offer to sell securities for purposes of registration requirements. Currently, reports regarding a proposed public offering by an emerging growth company fall under this exception. 2023-03-02T20:30:27Z https://www.congress.gov/bill/117th-congress/house-bill/9605
117-s-5264 117 s 5264 Protecting America's Economy from the Carbon Bubble Act of 2022 Finance and Financial Sector 2022-12-15 2022-12-15 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Senate Sen. Merkley, Jeff [D-OR] OR D M001176 0 Protecting America's Economy from the Carbon Bubble Act of 2022 This bill prohibits certain financial companies (including bank holding companies, savings and loan holding companies, and insured depository institutions) from involvement in fossil fuel production. Prohibited activities include providing loans to and making investments in fossil fuel companies or projects, facilitating transactions that fund new fossil fuel production, securitizing assets that provide funds for new fossil fuel production, and entering into certain derivatives transactions related to new fossil fuel production. Violators are subject to criminal and civil penalties. 2023-03-09T01:16:02Z https://www.congress.gov/bill/117th-congress/senate-bill/5264
117-s-5267 117 s 5267 Digital Asset Anti-Money Laundering Act of 2022 Finance and Financial Sector 2022-12-15 2022-12-15 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Senate Sen. Warren, Elizabeth [D-MA] MA D W000817 1 Digital Asset Anti-Money Laundering Act of 2022 This bill directs specified federal financial agencies to establish rules regarding digital assets. The Financial Crimes Enforcement Network (FinCEN) must establish a rule classifying digital asset wallet providers, cryptocurrency miners, validators, and others as money service businesses. In addition, FinCEN must require U.S. persons to report cryptocurrency transactions through foreign accounts of over $10,000. FinCEN must also require digital asset kiosk owners and administrators to submit and update every three months the physical addresses of the kiosks. The Department of the Treasury must prohibit financial institutions from handling, using, or transacting business with (1) digital asset mixers, privacy coins, and other anonymity-enhancing technologies; and (2) digital assets that have been anonymized by these technologies. Treasury, the Securities and Exchange Commission, and the Commodity Futures Trading Commission must establish risk examination and review processes for anti-money laundering requirements for their respective regulated entities. 2023-05-04T03:45:51Z https://www.congress.gov/bill/117th-congress/senate-bill/5267
117-s-5280 117 s 5280 CFPB Stability Act of 2022 Finance and Financial Sector 2022-12-15 2022-12-15 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Senate Sen. Toomey, Patrick [R-PA] PA R T000461 1 CFPB Stability Act of 2022 This bill restructures the leadership and funding of the Consumer Financial Protection Bureau. Specifically, the bill removes the bureau from the Federal Reserve System. Additionally, the bill eliminates the positions of director and deputy director and establishes a five-person panel appointed by the President and confirmed by the Senate, with not more than three members belonging to any one political party. Under the bill, the inspector general of the bureau must be appointed by the President and confirmed by the Senate. Under current law, the inspector general of the Federal Reserve Board also serves as the inspector general of the bureau. Further, the source of funding for the bureau is changed from Federal Reserve System transfers to annual appropriations. Under current law, the transfers from the Federal Reserve System permit the bureau to be funded outside of the annual appropriations process. 2023-03-08T20:14:08Z https://www.congress.gov/bill/117th-congress/senate-bill/5280
117-s-5286 117 s 5286 Responsible Self-Regulation Act of 2022 Finance and Financial Sector 2022-12-15 2022-12-15 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Senate Sen. Lummis, Cynthia M. [R-WY] WY R L000571 0 Responsible Self-Regulation Act of 2022 This bill provides for the registration of an association of digital asset intermediaries with the Securities and Exchange Commission and the Commodity Futures Trading Commission. Upon the written request of a member of the association, a registered digital asset association is allowed to make an initial determination of the legal character of a digital asset, including as a security, an ancillary asset, or a commodity. 2023-09-01T19:00:25Z https://www.congress.gov/bill/117th-congress/senate-bill/5286
117-s-5291 117 s 5291 A bill to delay the implementation of the modifications of exceptions for reporting of third party network transactions. Finance and Financial Sector 2022-12-15 2022-12-15 Read twice and referred to the Committee on Finance. Senate Sen. Capito, Shelley Moore [R-WV] WV R C001047 0 This bill delays the implementation of a de minimis exception to the tax reporting requirements of third party network transactions for transactions not exceeding $600. 2023-03-02T00:13:27Z https://www.congress.gov/bill/117th-congress/senate-bill/5291
117-hr-9526 117 hr 9526 REG Act Finance and Financial Sector 2022-12-14 2022-12-14 Referred to the House Committee on Financial Services. House Rep. Kim, Young [R-CA-39] CA R K000397 2 Review the Expansion of Government Act or as the REG Act This bill requires the Securities and Exchange Commission to periodically review final rules to determine if a revision, including a repeal, of a rule is (1) necessary to ensure the rule is authorized under law; (2) necessary to comply with the law; or (3) necessary or appropriate to facilitate capital formation, to maintain fair and orderly markets, or to protect investors. 2023-02-24T19:15:14Z https://www.congress.gov/bill/117th-congress/house-bill/9526
117-hr-9527 117 hr 9527 Putting Investors First Act of 2022 Finance and Financial Sector 2022-12-14 2022-12-14 Referred to the House Committee on Financial Services. House Rep. Steil, Bryan [R-WI-1] WI R S001213 19 Putting Investors First Act of 2022 This bill requires a proxy advisory firm to register with the Securities and Exchange Commission and prohibits an unregistered proxy advisory firm from using interstate commerce to provide proxy-voting advice, research, analysis, or recommendations to any client. With respect to these firms, the bill (1) establishes procedures for both registration and termination of registration; (2) requires each firm to employ an ombudsman, designate a compliance officer, and publicly disclose conflicts of interest; (3) allows issuers to assess and comment on proxy voting recommendations; and (4) prohibits unfair, coercive, or abusive practices. The bill establishes a private right of action against a proxy advisory firm that endorses an approved proposal that is not supported by the issuer and is found to be illegal. 2023-03-01T14:01:42Z https://www.congress.gov/bill/117th-congress/house-bill/9527
117-hr-9551 117 hr 9551 To permit an issuer, when determining the market capitalization of the issuer for purposes of testing the significance of an acquisition or disposition, to include the value of all shares of the issuer. Finance and Financial Sector 2022-12-14 2022-12-14 Referred to the House Committee on Financial Services. House Rep. Hill, J. French [R-AR-2] AR R H001072 0 This bill expands the information allowed when calculating whether an acquisition or disposition of a subsidiary is significant for purposes of required financial disclosures by publicly traded companies. Currently, an acquisition or disposition is considered significant when the company's investment in the subsidiary is calculated to exceed 10% of the aggregate worldwide market value of the company's voting and non-voting common equity. Under the bill, this market value may additionally include applicable trading value, conversion value, or exchange value of all of the company's outstanding classes of stock, including preferred stock and non-traded common shares that are convertible into or exchangeable for traded common shares. 2023-05-06T03:45:38Z https://www.congress.gov/bill/117th-congress/house-bill/9551
117-hr-9556 117 hr 9556 Financial Services Innovation Act of 2022 Finance and Financial Sector 2022-12-14 2022-12-14 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. House Rep. McHenry, Patrick T. [R-NC-10] NC R M001156 0 Financial Services Innovation Act of 2022 This bill addresses the regulation of financial products and services. Specifically, the bill allows persons intending to offer a financial innovation to petition specified financial regulatory agencies regarding existing areas of regulation. A petitioner may request a modification or waiver of an agency regulation. The bill sets forth requirements regarding the petition process, a safe harbor for petitioners from enforcement, and enforceable compliance agreements. Agencies must biannually publish a list of financial regulatory areas the agency would consider modifying or waiving through the petition process. The bill also establishes Financial Services Innovation Offices at these agencies to assist petitioners. These offices must also generally support the development of financial innovations and coordinate with other offices to share data. 2023-03-01T14:01:42Z https://www.congress.gov/bill/117th-congress/house-bill/9556
117-hr-9562 117 hr 9562 To lower the aggregate market value of voting and non-voting common equity necessary for an issuer to qualify as a well-known seasoned issuer. Finance and Financial Sector 2022-12-14 2022-12-14 Referred to the House Committee on Financial Services. House Rep. Steil, Bryan [R-WI-1] WI R S001213 0 This bill reduces the required aggregate market value of voting and non-voting common equity shares for an issuer of securities to qualify as a well-known seasoned issuer. A well-known seasoned issuer is allowed to make expedited public offerings of securities through automatic shelf registrations. 2023-02-15T04:45:31Z https://www.congress.gov/bill/117th-congress/house-bill/9562
117-hr-9488 117 hr 9488 Proxy Advice Disclosure Act Finance and Financial Sector 2022-12-12 2022-12-12 Referred to the House Committee on Financial Services. House Rep. Donalds, Byron [R-FL-19] FL R D000032 0 Proxy Advice Disclosure Act This bill requires a proxy voting advice business to disclose material information involved in providing proxy voting advice to a security holder, including the methodology used, sources of information, and conflicts of interest of the business. A proxy voting advice business provides, for a fee, recommendations to security holders on specific matters for which an issuer of securities has requested security holder approval or consent. In addition, a proxy voting advice business must make this advice available to the issuer. Also, the security holder must be made aware of any written statement made by the issuer in response to this advice before the relevant meeting or vote. 2023-02-21T16:30:26Z https://www.congress.gov/bill/117th-congress/house-bill/9488
117-hr-9478 117 hr 9478 Improving Crowdfunding Opportunities Act Finance and Financial Sector 2022-12-08 2022-12-08 Referred to the House Committee on Financial Services. House Rep. McHenry, Patrick T. [R-NC-10] NC R M001156 0 Improving Crowdfunding Opportunities Act This bill reduces regulations applicable to crowdfunding securities and portals. Crowdfunding is used to raise capital through a large number of individuals investing potentially small amounts of money. The bill exempts certain securities issued under crowdfunding regulations from state regulation of secondary transactions. It also exempts crowdfunding portals from certain anti-money laundering reporting and recordkeeping requirements. Finally, crowdfunding portals are exempted from liability for material misstatements or omissions unless the portal knowingly makes certain untrue statements or engages in fraud or deceit. 2023-01-13T04:50:59Z https://www.congress.gov/bill/117th-congress/house-bill/9478
117-hr-9451 117 hr 9451 HALOS Act of 2022 Finance and Financial Sector 2022-12-07 2022-12-07 Referred to the House Committee on Financial Services. House Rep. Budd, Ted [R-NC-13] NC R B001305 0 Helping Angels Lead Our Startups Act of 2022 or the HALOS Act of 2022 This bill directs the Securities and Exchange Commission (SEC) to revise Regulation D, which exempts certain offerings from SEC registration requirements but prohibits general solicitation or general advertising with respect to such offerings. Specifically, this prohibition shall not apply to events with specified kinds of sponsors—including angel investor groups unconnected to broker-dealers or investment advisers—where presentations or communications are made by or on behalf of an issuer, if the advertising does not refer to any specific offering of securities by the issuer; the sponsor does not provide investment recommendation or advice to attendees, engage in investment negotiations with attendees, charge certain fees, or receive certain compensation; and no specific information regarding a securities offering is communicated beyond the type and amount of securities being offered, the amount of securities already subscribed for, and the intended use of proceeds from the offering. 2023-07-28T16:00:33Z https://www.congress.gov/bill/117th-congress/house-bill/9451
117-hr-9452 117 hr 9452 Regulation A+ Improvement Act of 2022 Finance and Financial Sector 2022-12-07 2022-12-07 Referred to the House Committee on Financial Services. House Rep. Budd, Ted [R-NC-13] NC R B001305 0 Regulation A+ Improvement Act of 2022 This bill increases the dollar limit of certain securities offerings exempt from registration requirements from $50 million annually to $75 million annually, adjusted in future years for inflation. 2023-02-10T20:30:20Z https://www.congress.gov/bill/117th-congress/house-bill/9452
117-hr-9459 117 hr 9459 To amend the Securities Exchange Act of 1934 to exclude qualified institutional buyers and institutional accredited investors when calculating holders of a security for purposes of the mandatory registration threshold under such Act, and for other purposes. Finance and Financial Sector 2022-12-07 2022-12-07 Referred to the House Committee on Financial Services. House Rep. McHenry, Patrick T. [R-NC-10] NC R M001156 0 This bill excludes certain institutional investors and buyers from inclusion as holders of a security for purposes of mandatory registration thresholds applicable to an issuer of securities. 2023-01-23T13:31:22Z https://www.congress.gov/bill/117th-congress/house-bill/9459
117-hr-9437 117 hr 9437 Securities and Exchange Atonement Act of 2022 Finance and Financial Sector 2022-12-06 2022-12-06 Referred to the House Committee on Financial Services. House Rep. Green, Al [D-TX-9] TX D G000553 0 Securities and Exchange Atonement Act of 2022 This bill addresses the racial equity of publicly traded companies. Specifically, the bill requires certain publicly traded companies to regularly audit the company's ties to slavery and the company's policies and practices on civil rights, equity, diversity, and inclusion. The bill also establishes the Office of Reparations Programs within the Department of the Treasury to provide grants to further racial equity, including for startup capital and funded savings programs for Black communities. 2023-02-21T17:00:23Z https://www.congress.gov/bill/117th-congress/house-bill/9437
117-hr-9445 117 hr 9445 ACCESS Rural America Act Finance and Financial Sector 2022-12-06 2022-12-06 Referred to the House Committee on Financial Services. House Rep. Tiffany, Thomas P. [R-WI-7] WI R T000165 1 Access to Capital Creates Economic Strength and Supports Rural America Act or the ACCESS Rural America Act This bill increases the shareholder registration threshold for issuers receiving support through federal universal service support mechanisms, which provide communication services to underserved areas. 2023-01-13T04:50:59Z https://www.congress.gov/bill/117th-congress/house-bill/9445
117-s-5189 117 s 5189 Close the Shadow Banking Loophole Act Finance and Financial Sector 2022-12-06 2022-12-06 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Senate Sen. Brown, Sherrod [D-OH] OH D B000944 2 Close the Shadow Banking Loophole Act This bill (1) provides for the federal regulation and supervision of industrial banks, also known as industrial loan companies (ILCs), and their parent companies; and (2) sets forth a deadline for the consideration of pending ILC Federal Deposit Insurance Corporation (FDIC) deposit insurance applications. ILCs are state chartered institutions owned by nonfinancial businesses (parent companies) that provide several services similar to banks, such as originating loans and processing payments. The parent companies are not subject to supervision by the Federal Reserve Board. Under current law, the Federal Deposit Insurance Corporation (FDIC) may grant deposit insurance to these institutions. 2023-09-01T12:45:20Z https://www.congress.gov/bill/117th-congress/senate-bill/5189
117-s-5183 117 s 5183 A bill to amend the Federal Credit Union Act to provide a sunset for certain ways in which credit unions may be Agent members of the National Credit Union Administration Central Liquidity Facility. Finance and Financial Sector 2022-12-05 2022-12-05 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S6964) Senate Sen. Padilla, Alex [D-CA] CA D P000145 1 This bill temporarily provides the National Credit Union Administration Board with discretion in determining the amount of capital stock in the National Credit Union Administration Central Liquidity Facility required for a corporate credit union to become an agent member of the facility. The facility serves as a liquidity lender to member credit unions. 2023-02-23T11:11:37Z https://www.congress.gov/bill/117th-congress/senate-bill/5183
117-hr-9405 117 hr 9405 Investment Opportunity Expansion Act Finance and Financial Sector 2022-12-02 2022-12-02 Referred to the House Committee on Financial Services. House Rep. Budd, Ted [R-NC-13] NC R B001305 0 Investment Opportunity Expansion Act This bill expands who may be considered an accredited investor for purposes of participating in private offerings of securities. (Certain unregistered securities may only be offered to accredited investors.) Specifically, the bill allows an individual to qualify if the investment is not more than 10% of the individual's net assets or 10% of the individual's annual income, whichever is greater. 2023-09-12T19:45:18Z https://www.congress.gov/bill/117th-congress/house-bill/9405
117-hr-9408 117 hr 9408 Mandatory Materiality Requirement Act of 2022 Finance and Financial Sector 2022-12-02 2022-12-02 Referred to the House Committee on Financial Services. House Rep. Huizenga, Bill [R-MI-2] MI R H001058 1 Mandatory Materiality Requirement Act of 2022 This bill limits additional disclosure requirements applicable to issuers of securities. Specifically, the Securities and Exchange Commission may only require an additional disclosure if the commission determines that there is a substantial likelihood that a reasonable investor of the issuer would consider the information important with respect to an investment decision. 2023-09-01T15:30:25Z https://www.congress.gov/bill/117th-congress/house-bill/9408
117-hr-9410 117 hr 9410 To require auditor independence standards of the Public Company Accounting Oversight Board and the Securities and Exchange Commission applicable to past audits of a company occurring before it was a public company to treat an auditor as independent if the auditor meets established professional standards, and for other purposes. Finance and Financial Sector 2022-12-02 2022-12-02 Referred to the House Committee on Financial Services. House Rep. McHenry, Patrick T. [R-NC-10] NC R M001156 0 This bill modifies the auditor independence standards required by the Public Company Accounting Oversight Board and the Securities and Exchange Commission. Specifically, an issuer that is a public company or has filed to become a public company must comply with certain auditor independence standards regarding audits that occurred in the fiscal year prior to the company going public. 2023-02-17T16:15:17Z https://www.congress.gov/bill/117th-congress/house-bill/9410
117-hr-9411 117 hr 9411 To amend the Federal securities laws to specify the periods for which financial statements are required to be provided by an emerging growth company, and for other purposes. Finance and Financial Sector 2022-12-02 2022-12-02 Referred to the House Committee on Financial Services. House Rep. McHenry, Patrick T. [R-NC-10] NC R M001156 0 This bill limits the financial information an emerging growth company must submit to the Securities and Exchange Commission. 2023-06-07T20:15:26Z https://www.congress.gov/bill/117th-congress/house-bill/9411
117-hr-9412 117 hr 9412 To amend the Securities Act of 1933 to permit issuers to submit draft registration statements to the Securities and Exchange Commission for confidential review for both initial public offers and follow-on offers, to set deadlines for when such statements shall be made public, and for other purposes. Finance and Financial Sector 2022-12-02 2022-12-02 Referred to the House Committee on Financial Services. House Rep. McHenry, Patrick T. [R-NC-10] NC R M001156 0 This bill allows an issuer of securities to submit a draft registration statement to the Securities and Exchange Commission for confidential review prior to an initial public offering or a follow-on offering. Under current law, only emerging growth companies are allowed to do so. 2023-02-17T23:47:03Z https://www.congress.gov/bill/117th-congress/house-bill/9412
117-hr-9413 117 hr 9413 To amend the Securities Exchange Act of 1934 to specify certain registration statement contents for emerging growth companies, to permit issuers to file draft registration statements with the Securities and Exchange Commission for confidential review, and for other purposes. Finance and Financial Sector 2022-12-02 2022-12-02 Referred to the House Committee on Financial Services. House Rep. McHenry, Patrick T. [R-NC-10] NC R M001156 0 This bill revises requirements related to registration statements submitted to the Securities and Exchange Commission (SEC). First, the bill requires an emerging growth company to submit profit and loss statements from the previous 2 years, rather than the previous 3 years as under current law. In addition, the bill allows an issuer of securities to submit a draft registration statement to the SEC for confidential review prior to a public filing. 2023-06-07T20:00:33Z https://www.congress.gov/bill/117th-congress/house-bill/9413
117-hr-9414 117 hr 9414 Transparency in Lending Act of 2022 Finance and Financial Sector 2022-12-02 2022-12-02 Referred to the House Committee on Financial Services. House Rep. Mfume, Kweisi [D-MD-7] MD D M000687 5 Transparency in Lending Act of 2022 This bill requires federal financial supervisory agencies to submit to the Federal Financial Institutions Examination Council specified information regarding an examination of a large financial institution. Specifically, the agency must report on the status of the examination and any findings. 2023-02-17T04:45:42Z https://www.congress.gov/bill/117th-congress/house-bill/9414
117-hr-9421 117 hr 9421 Crypto Exchange Disclosure Act Finance and Financial Sector 2022-12-02 2022-12-02 Referred to the House Committee on Financial Services. House Rep. Torres, Ritchie [D-NY-15] NY D T000486 0 Crypto Exchange Disclosure Act This bill requires cryptocurrency exchanges that hold customer assets to periodically disclose proof of reserves to the Securities and Exchange Commission. This includes the amount of assets held by the exchange compared to the liabilities of the exchange. 2023-08-14T19:15:21Z https://www.congress.gov/bill/117th-congress/house-bill/9421
117-hr-9422 117 hr 9422 Crypto Consumer Investor Protection Act Finance and Financial Sector 2022-12-02 2022-12-02 Referred to the House Committee on Financial Services. House Rep. Torres, Ritchie [D-NY-15] NY D T000486 0 Crypto Consumer Investor Protection Act This bill prohibits a cryptocurrency exchange from lending, leveraging, or comingling customer funds without customer consent. 2023-01-11T13:50:18Z https://www.congress.gov/bill/117th-congress/house-bill/9422
117-s-5135 117 s 5135 Protect Farmers from the SEC Act Finance and Financial Sector 2022-11-28 2022-11-28 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Senate Sen. Boozman, John [R-AR] AR R B001236 7 Protect Farmers from the SEC Act This bill prohibits the Securities and Exchange Commission from requiring the disclosure of greenhouse gas emissions related to agricultural products. 2023-02-10T05:26:52Z https://www.congress.gov/bill/117th-congress/senate-bill/5135
117-hr-9307 117 hr 9307 SAFE Lending Act of 2022 Finance and Financial Sector 2022-11-16 2022-11-16 Referred to the House Committee on Financial Services. House Rep. Bonamici, Suzanne [D-OR-1] OR D B001278 10 Stopping Abuse and Fraud in Electronic Lending Act of 2022 or the SAFE Lending Act of 2022 This bill revises requirements related to consumer financial protection and small-dollar lending, including matters concerning remotely created checks, electronic fund transfers, registration of small-dollar lenders, overdraft fees, and the collection of personal information. Under the bill, remotely created checks may only be issued by a person specifically designated in writing by a consumer and provided to the consumer's depository institution. (A remotely created check is a check not issued by the bank and not signed by the account owner.) A voluntary agreement to repay a small-dollar consumer credit transaction by an electronic fund transfer is subject to certain protections, including the right of the consumer to stop payment. Small-dollar consumer credit providers must register with the Consumer Financial Protection Bureau. Any small-dollar consumer credit transaction is subject to the laws of the state in which the consumer resides. The bill also prohibits overdraft fees on prepaid accounts. 2023-01-20T15:15:23Z https://www.congress.gov/bill/117th-congress/house-bill/9307
117-hr-9315 117 hr 9315 Responsible Accounting Standards Act of 2022 Finance and Financial Sector 2022-11-16 2022-11-16 Referred to the House Committee on Financial Services. House Rep. Luetkemeyer, Blaine [R-MO-3] MO R L000569 1 Responsible Accounting Standards Act of 2022 This bill requires the standard-setting bodies of accounting principles to comply with provisions generally required of federal agencies, including those that apply to rulemaking procedures, cost benefit analysis of certain actions, and open meeting requirements. The standard-setting bodies must also testify annually before Congress. 2023-02-17T04:45:42Z https://www.congress.gov/bill/117th-congress/house-bill/9315
117-hr-9316 117 hr 9316 250th Anniversary of the United States Marine Corps Commemorative Coin Act Finance and Financial Sector 2022-11-16 2022-11-16 Referred to the House Committee on Financial Services. House Rep. Moulton, Seth [D-MA-6] MA D M001196 7 250th Anniversary of the United States Marine Corps Commemorative Coin Act This bill directs the Department of the Treasury to mint and issue not more than 50,000 $5 gold coins, 400,000 $1 silver coins, and 750,000 half-dollar clad coins emblematic of the 250th anniversary of the United States Marine Corps. All surcharges received by Treasury from the sale of such coins must be paid to the Marine Corps Heritage Foundation and shall only be used for the purposes of supporting the mission of the Marine Corps Heritage Center. 2023-03-29T15:33:33Z https://www.congress.gov/bill/117th-congress/house-bill/9316
117-s-5099 117 s 5099 SAFE Lending Act of 2022 Finance and Financial Sector 2022-11-16 2022-11-16 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Senate Sen. Merkley, Jeff [D-OR] OR D M001176 13 Stopping Abuse and Fraud in Electronic Lending Act of 2022 or the SAFE Lending Act of 2022 This bill revises requirements related to consumer financial protection and small-dollar lending, including matters concerning remotely created checks, electronic fund transfers, registration of small-dollar lenders, overdraft fees, and the collection of personal information. Under the bill, remotely created checks may only be issued by a person specifically designated in writing by a consumer and provided to the consumer's depository institution. (A remotely created check is a check not issued by the bank and not signed by the account owner.) A voluntary agreement to repay a small-dollar consumer credit transaction by an electronic fund transfer is subject to certain protections, including the right of the consumer to stop payment. Small-dollar consumer credit providers must register with the Consumer Financial Protection Bureau. Any small-dollar consumer credit transaction is subject to the laws of the state in which the consumer resides. The bill also prohibits overdraft fees on prepaid accounts. 2023-02-10T05:24:43Z https://www.congress.gov/bill/117th-congress/senate-bill/5099
117-s-5112 117 s 5112 250th Anniversary of the United States Marine Corps Commemorative Coin Act Finance and Financial Sector 2022-11-16 2022-11-16 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Senate Sen. Blumenthal, Richard [D-CT] CT D B001277 8 250th Anniversary of the United States Marine Corps Commemorative Coin Act This bill directs the Department of the Treasury to mint and issue not more than 50,000 $5 gold coins, 400,000 $1 silver coins, and 750,000 half-dollar clad coins emblematic of the 250th anniversary of the United States Marine Corps. All surcharges received by Treasury from the sale of such coins must be paid to the Marine Corps Heritage Foundation and shall only be used for the purposes of supporting the mission of the Marine Corps Heritage Center. 2023-03-29T15:33:34Z https://www.congress.gov/bill/117th-congress/senate-bill/5112
117-hr-9301 117 hr 9301 FinCEN Modernization Act of 2022 Finance and Financial Sector 2022-11-15 2022-11-15 Referred to the House Committee on Financial Services. House Rep. Donalds, Byron [R-FL-19] FL R D000032 0 FinCEN Modernization Act of 2022 This bill requires the Financial Crimes Enforcement Network (FinCEN) to establish programs and perform research related to financial technology, including topics such as machine learning, data analytics, and cryptocurrency. The bill allows FinCEN to enter into transactions and to accept gifts related to these objectives. 2023-03-22T20:16:25Z https://www.congress.gov/bill/117th-congress/house-bill/9301
117-s-5097 117 s 5097 SLAP Act Finance and Financial Sector 2022-11-15 2022-11-15 Read twice and referred to the Committee on the Judiciary. Senate Sen. Manchin, Joe, III [D-WV] WV D M001183 0 Stop Looting American Pensions Act of 2022 or the SLAP Act This bill revises certain bankruptcy requirements, including by providing additional protections for employee pay and pensions in the event of a bankruptcy. Specifically, the bill revises the bankruptcy priority requirements of claims for wages and contributions to employee benefit plans, including by increasing the cap of these payments and by eliminating the time period limitation for which unpaid wages and contributions may be claimed; increases the bankruptcy priority of minimum funding contributions towards employee pension benefit plans and withdrawal liability and requires companies to continue making these payments during bankruptcy; expands restrictions on executive pay; places restrictions on the sale of property in bankruptcy proceedings, including by requiring reasonable payment; and extends look back periods regarding fraudulent transfers from two years to six years. 2023-02-22T07:25:20Z https://www.congress.gov/bill/117th-congress/senate-bill/5097
117-hr-9266 117 hr 9266 Community Finance Language Inclusion Act of 2022 Finance and Financial Sector 2022-11-03 2022-11-03 Referred to the House Committee on Financial Services. House Rep. Garcia, Sylvia R. [D-TX-29] TX D G000587 3 Community Finance Language Inclusion Act of 2022 This bill allows the Community Development Financial Institutions Fund to provide outreach and resources for non-English speaking individuals or individuals with limited English proficiency. The fund provides monetary awards and technical assistance to qualifying financial institutions to increase access to capital in underserved communities. 2023-02-07T04:45:23Z https://www.congress.gov/bill/117th-congress/house-bill/9266
117-hr-9272 117 hr 9272 Consumer Financial Education and Empowerment Act Finance and Financial Sector 2022-11-03 2022-11-03 Referred to the House Committee on Financial Services. House Rep. Scott, David [D-GA-13] GA D S001157 4 Consumer Financial Education and Empowerment Act This bill establishes within the Consumer Financial Protection Bureau a program to award allocations to state governments, local governments, and other entities for financial literacy programs. Programs eligible for awards may include education regarding credit, student loan debt, homeownership, investments, retirement, or tax planning. 2023-02-14T04:45:31Z https://www.congress.gov/bill/117th-congress/house-bill/9272
117-hr-9149 117 hr 9149 Reward Work Act Finance and Financial Sector 2022-10-07 2022-10-07 Referred to the House Committee on Financial Services. House Rep. Garcia, Jesus G. "Chuy" [D-IL-4] IL D G000586 13 Reward Work Act This bill prohibits issuers from purchasing their own securities on a national exchange. The bill also requires one-third of an issuer's board of directors to be elected by employees in order for the issuer to be allowed to register securities. 2022-12-29T13:34:08Z https://www.congress.gov/bill/117th-congress/house-bill/9149
117-hr-9157 117 hr 9157 To define the dollar as a fixed weight of gold, and for other purposes. Finance and Financial Sector 2022-10-07 2022-10-07 Referred to the House Committee on Financial Services. House Rep. Mooney, Alexander X. [R-WV-2] WV R M001195 2 This bill requires the Department of the Treasury to define the Federal Reserve note dollar in terms of a fixed weight of gold, based on that day's closing market price of gold. Federal Reserve Banks must exchange Federal Reserve notes with gold at this price. If a Federal Reserve Bank does not do this, Treasury must make any exchange and place a corresponding lien on the assets of that bank. In addition, Treasury and the Board of Governors of the Federal Reserve must report on U.S. gold holdings. 2022-12-29T13:34:08Z https://www.congress.gov/bill/117th-congress/house-bill/9157
117-hr-9159 117 hr 9159 Bank Privacy Reform Act Finance and Financial Sector 2022-10-07 2022-10-07 Referred to the House Committee on Financial Services. House Rep. Rose, John W. [R-TN-6] TN R R000612 0 Bank Privacy Reform Act This bill eliminates provisions that require financial institutions to report certain financial information to specified government agencies. Currently, financial institutions are required to report certain financial transactions for the purpose of detecting illicit activity, such as money laundering or the financing of terrorism. Under the bill, such records are only obtainable through a search warrant. The bill also eliminates reporting requirements related to the beneficial ownership of certain corporate entities. 2023-02-10T04:45:38Z https://www.congress.gov/bill/117th-congress/house-bill/9159
117-hr-9089 117 hr 9089 Consumer Financial Choice and Capital Markets Protection Act of 2022 Finance and Financial Sector 2022-09-30 2022-09-30 Referred to the House Committee on Financial Services. House Rep. Williams, Roger [R-TX-25] TX R W000816 1 Consumer Financial Choice and Capital Markets Protection Act of 2022 This bill allows 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. (A money market fund is a type of mutual fund that invests in liquid, short-term assets.) Current law limits the provision of certain federal assistance directly to any money market fund. The bill requires disclosure of this limitation on federal assistance in a money market's advertising and sales literature. 2023-02-04T04:46:03Z https://www.congress.gov/bill/117th-congress/house-bill/9089
117-hr-9110 117 hr 9110 Student Borrower Bankruptcy Relief Act of 2022 Finance and Financial Sector 2022-09-30 2022-11-01 Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law. House Rep. Nadler, Jerrold [D-NY-10] NY D N000002 11 Student Borrower Bankruptcy Relief Act of 2022 This bill allows student loans to be discharged in bankruptcy. Under current law, these loans are only dischargeable if such debt imposes an undue hardship on the debtor. 2023-02-16T18:30:45Z https://www.congress.gov/bill/117th-congress/house-bill/9110
117-hres-1412 117 hres 1412 Of inquiry directing the Secretary of the Treasury to transmit certain documents to the House of Representatives relating to the projected inflationary impact of the implementation of the Infrastructure Investment and Jobs Act, the Build Back Better Act, and the Infrastructure and Jobs Act in conjunction with the Build Back Better Act. Finance and Financial Sector 2022-09-30 2022-12-01 Placed on the House Calendar, Calendar No. 154. House Rep. Carey, Mike [R-OH-15] OH R C001126 4 This resolution directs the Department of the Treasury to transmit to the House of Representatives any documents that refer or relate to the projected inflationary impact of the implementation of the Infrastructure Investment and Jobs Act and the Build Back Better Act. 2023-09-01T15:30:25Z https://www.congress.gov/bill/117th-congress/house-resolution/1412
117-hr-9063 117 hr 9063 Protect Farmers from the SEC Act Finance and Financial Sector 2022-09-29 2022-09-29 Referred to the House Committee on Financial Services. House Rep. Lucas, Frank D. [R-OK-3] OK R L000491 121 Protect Farmers from the SEC Act This bill prohibits the Securities and Exchange Commission from requiring the disclosure of greenhouse gas emissions related to agricultural products. 2023-01-31T20:30:23Z https://www.congress.gov/bill/117th-congress/house-bill/9063
117-s-5004 117 s 5004 Alleviating Stress Test Burdens to Help Investors Act Finance and Financial Sector 2022-09-29 2022-09-29 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Senate Sen. Rounds, Mike [R-SD] SD R R000605 1 Alleviating Stress Test Burdens To Help Investors Act This bill exempts certain financial companies not primarily regulated by either a federal banking agency or the Federal Housing Finance Agency from requirements to conduct stress tests. These stress tests evaluate the ability of companies to absorb losses as a result of adverse economic conditions. However, the Securities and Exchange Commission and the Commodity Futures Trading Commission may require exempted financial companies under their regulatory authority to conduct stress tests. 2023-03-08T20:12:14Z https://www.congress.gov/bill/117th-congress/senate-bill/5004
117-s-5005 117 s 5005 Mandatory Materiality Requirement Act of 2022 Finance and Financial Sector 2022-09-29 2022-12-13 Committee on Banking, Housing, and Urban Affairs Subcommittee on Securities, Insurance, and Investment. Hearings held. Senate Sen. Rounds, Mike [R-SD] SD R R000605 7 Mandatory Materiality Requirement Act of 2022 This bill limits additional disclosure requirements applicable to issuers of securities. Specifically, the Securities and Exchange Commission may only require an additional disclosure if the commission determines that there is a substantial likelihood that a reasonable investor of the issuer would consider the information important with respect to an investment decision. 2023-09-01T15:30:25Z https://www.congress.gov/bill/117th-congress/senate-bill/5005
117-s-5030 117 s 5030 Digital Trading Clarity Act of 2022 Finance and Financial Sector 2022-09-29 2022-09-29 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Senate Sen. Hagerty, Bill [R-TN] TN R H000601 0 Digital Trading Clarity Act of 2022 This bill establishes a safe harbor from securities regulation for certain digital asset exchanges and intermediaries. This safe harbor applies if (1) such digital asset is not classified as a security by the Securities and Exchange Commission (SEC) or by a U.S. court; and (2) the exchange or intermediary complies with requirements regarding listings, customer protection, and disclosures. If a digital asset is determined to be a security and otherwise meets these requirements, the exchange or intermediary has a two year period during which the SEC may not pursue specified enforcement activity against the exchange or intermediary. 2023-02-11T05:17:09Z https://www.congress.gov/bill/117th-congress/senate-bill/5030
117-s-5049 117 s 5049 Financial Institutions Examination Fairness and Reform Act Finance and Financial Sector 2022-09-29 2022-09-29 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Senate Sen. Moran, Jerry [R-KS] KS R M000934 0 Financial Institutions Examination Fairness and Reform Act This bill (1) sets deadlines for final examination reports and exit interviews of a financial institution by a federal financial regulatory agency, and (2) establishes the Office of Independent Examination Review to adjudicate appeals and investigate complaints from financial institutions concerning examination reports. The bill also requires the establishment of an independent internal agency appellate process at the Consumer Financial Protection Bureau (CFPB) for the review of supervisory determinations made at institutions supervised by the CFPB. 2023-03-08T20:12:14Z https://www.congress.gov/bill/117th-congress/senate-bill/5049
117-hr-8998 117 hr 8998 Unlocking Capital for Small Businesses Act of 2022 Finance and Financial Sector 2022-09-28 2022-09-28 Referred to the House Committee on Financial Services. House Rep. Budd, Ted [R-NC-13] NC R B001305 0 Unlocking Capital for Small Businesses Act of 2022 This bill revises the regulatory treatment of private-placement brokers (brokers who receive transaction-based compensation for the sale of securities to preselected individuals or institutions) and finders (private-placement brokers who do not exceed a specified amount of compensation, transaction value, or number of transactions in a year). Specifically, the bill (1) requires the Securities and Exchange Commission to establish registration requirements for private-placement brokers that are no more stringent than those imposed on crowdfunding portals, (2) allows for membership in any national securities association for private-placement brokers, (3) exempts private-placement brokers from broker regulations, and (4) otherwise modifies provisions related to private-placement brokers and finders. 2023-01-23T18:30:24Z https://www.congress.gov/bill/117th-congress/house-bill/8998
117-s-4980 117 s 4980 Consumer Bankruptcy Reform Act of 2022 Finance and Financial Sector 2022-09-28 2022-09-28 Read twice and referred to the Committee on Finance. Senate Sen. Warren, Elizabeth [D-MA] MA D W000817 1 Consumer Bankruptcy Reform Act of 2022 This bill generally revises consumer bankruptcy law by establishing a new Chapter 10 for individual debtors with not more than $7.5 million in debt. The bill eliminates the ability of individual debtors to file for bankruptcy under Chapter 7 liquidation bankruptcy and repeals Chapter 13, which requires individual debtors to comply with a repayment plan to receive a discharge of debt. Under Chapter 10, debtors may receive a discharge of debt through making minimum payment obligations based on the debtor's assets and income which may result in immediate discharge for individuals with no minimum payment obligation. The bill also provides for residential protections for debtors and revises what type of debt is dischargeable in bankruptcy. An individual may obtain a discharge under Chapter 10 once every six years. Individuals may seek limited bankruptcy proceedings on certain debts, such as a home mortgage. The bill also establishes consumer bankruptcy protections, including by creating a Consumer Bankruptcy Ombuds at the Consumer Financial Protection Bureau. 2023-01-11T13:50:18Z https://www.congress.gov/bill/117th-congress/senate-bill/4980
117-s-4985 117 s 4985 Cryptocurrency Cybersecurity Information Sharing Act Finance and Financial Sector 2022-09-28 2022-09-28 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Senate Sen. Blackburn, Marsha [R-TN] TN R B001243 1 Cryptocurrency Cybersecurity Information Sharing Act This bill revises the Cybersecurity Information Sharing Act of 2015 to include cryptocurrency companies and insurance providers that insure against cybersecurity threats. The act allows companies to share information regarding cybersecurity threats with the federal government and with one another. The Financial Crimes Enforcement Network and the Cybersecurity and Infrastructure Security Agency must set forth procedures for these companies to provide notice to the federal government of such threats. 2023-02-01T05:15:41Z https://www.congress.gov/bill/117th-congress/senate-bill/4985
117-s-4992 117 s 4992 Helping Startups Continue to Grow Act of 2022 Finance and Financial Sector 2022-09-28 2022-12-13 Committee on Banking, Housing, and Urban Affairs Subcommittee on Securities, Insurance, and Investment. Hearings held. Senate Sen. Scott, Tim [R-SC] SC R S001184 1 Helping Startups Continue to Grow Act of 2022 This bill allows certain issuers of securities regulated as emerging growth companies to continue operating under such regulations, including those related to reduced disclosures and other exemptions, for an additional five years. 2023-09-01T15:15:21Z https://www.congress.gov/bill/117th-congress/senate-bill/4992
117-s-4994 117 s 4994 No Digital Dollar Act Finance and Financial Sector 2022-09-28 2022-09-28 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Senate Sen. Lankford, James [R-OK] OK R L000575 0 No Digital Dollar Act This bill prohibits the use of a central bank digital currency as legal tender. Further, if a central bank digital currency is issued, (1) the Federal Reserve Board must continue issuing Federal Reserve notes, and (1) the Department of the Treasury must continue minting and issuing coins. 2023-01-11T13:50:20Z https://www.congress.gov/bill/117th-congress/senate-bill/4994
117-s-4952 117 s 4952 Savings Security Act of 2022 Finance and Financial Sector 2022-09-27 2022-09-27 Read twice and referred to the Committee on Finance. Senate Sen. Fischer, Deb [R-NE] NE R F000463 2 Savings Security Act of 2022 This bill increases during periods of higher inflation the annual purchase limit applicable to certain government bonds. Specifically, individuals may annually purchase up to $30,000 in Series I U.S. savings bonds when, during that year, the six-month average consumer price index is above 3.5%. Currently, annual purchases are capped at $15,000 per person. 2023-01-31T05:19:21Z https://www.congress.gov/bill/117th-congress/senate-bill/4952
117-hr-8985 117 hr 8985 Credit Access and Inclusion Act of 2022 Finance and Financial Sector 2022-09-26 2022-09-26 Referred to the House Committee on Financial Services. House Rep. Hill, J. French [R-AR-2] AR R H001072 6 Credit Access and Inclusion Act of 2022 This bill allows for the reporting of certain positive consumer-credit information to consumer reporting agencies. Specifically, a person or the Department of Housing and Urban Development may report information related to a consumer's performance in making payments either under a lease agreement for a dwelling or pursuant to a contract for a utility or telecommunications service. However, information about a consumer's usage of any utility or telecommunications service may be reported only to the extent that the information relates to payment by the consumer for such service or other terms of the provision of that service. Furthermore, an energy-utility firm may not report a consumer's outstanding balance as late if the firm and the consumer have entered into a payment plan and the consumer is meeting the obligations of that plan. Specified provisions that establish civil liability with respect to furnishers of information to consumer reporting agencies shall not apply to any violation of the bill. The Government Accountability Office must report on the consumer impact of such reporting. 2023-01-26T14:00:21Z https://www.congress.gov/bill/117th-congress/house-bill/8985
117-hr-8950 117 hr 8950 Digital Commodities Consumer Protection Act of 2022 Finance and Financial Sector 2022-09-22 2022-10-28 Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit. House Rep. Maloney, Sean Patrick [D-NY-18] NY D M001185 1 Digital Commodities Consumer Protection Act of 2022 This bill grants exclusive jurisdiction to the Commodity Futures Trading Commission over activity involving digital commodities as specified by the bill. The bill defines digital commodities as fungible digital forms of personal property that can be transferred person-to-person without an intermediary. Excluded from this definition are securities, interests in physical commodities, and U.S.-backed digital currencies. The commission does not have jurisdiction over digital commodities used solely for the purchase or sale of a good or service. Digital commodity platforms (including brokers, custodians, dealers, and trading facilities) must register with the commission and comply with risk management and good governance procedures. The bill also sets forth recordkeeping requirements, conflict of interest standards, and other consumer protections. 2023-09-01T15:15:20Z https://www.congress.gov/bill/117th-congress/house-bill/8950
117-hr-8974 117 hr 8974 Payments Modernization Act of 2022 Finance and Financial Sector 2022-09-22 2022-09-22 Referred to the House Committee on Financial Services. House Rep. Pressley, Ayanna [D-MA-7] MA D P000617 1 Payments Modernization Act of 2022 This bill requires the Federal Reserve Board to create a real-time payment system that allows funds to be available to any end user immediately at any time, including funds deposited at a depository institution. 2023-01-28T04:45:54Z https://www.congress.gov/bill/117th-congress/house-bill/8974
117-s-4946 117 s 4946 Payments Modernization Act of 2022 Finance and Financial Sector 2022-09-22 2022-09-22 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Senate Sen. Van Hollen, Chris [D-MD] MD D V000128 1 Payments Modernization Act of 2022 This bill requires the Federal Reserve Board to create a real-time payment system that allows funds to be available to any end user immediately at any time, including funds deposited at a depository institution. 2023-02-07T05:16:27Z https://www.congress.gov/bill/117th-congress/senate-bill/4946
117-hr-8918 117 hr 8918 Federal Reserve Loss Transparency Act Finance and Financial Sector 2022-09-20 2022-09-20 Referred to the House Committee on Financial Services. House Rep. Hill, J. French [R-AR-2] AR R H001072 1 Federal Reserve Loss Transparency Act This bill prohibits transfers to the Consumer Financial Protection Bureau from the Board of Governors of the Federal Reserve System if Federal Reserve banks incur specified quarterly operating losses. The bureau is directly funded through transfers from the board. 2023-01-23T18:30:24Z https://www.congress.gov/bill/117th-congress/house-bill/8918
117-s-4889 117 s 4889 Federal Reserve Loss Transparency Act Finance and Financial Sector 2022-09-20 2022-09-20 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Senate Sen. Hagerty, Bill [R-TN] TN R H000601 0 Federal Reserve Loss Transparency Act This bill prohibits transfers to the Consumer Financial Protection Bureau from the Board of Governors of the Federal Reserve System if Federal Reserve banks incur specified quarterly operating losses. The bureau is directly funded through transfers from the board. 2023-03-08T20:12:49Z https://www.congress.gov/bill/117th-congress/senate-bill/4889
117-hr-8874 117 hr 8874 Credit Card Competition Act of 2022 Finance and Financial Sector 2022-09-19 2022-09-19 Referred to the House Committee on Financial Services. House Rep. Welch, Peter [D-VT-At Large] VT D W000800 1 Credit Card Competition Act of 2022 This bill addresses network access and competition in electronic credit transactions. The bill generally prohibits credit card issuers from restricting the number of payment card networks on which an electronic credit transaction may be processed. Specifically, the Board of Governors of the Federal Reserve System must prohibit certain credit card issuers with assets of over $100 billion from restricting the number of networks on which credit card transactions may be processed to one network, two or more networks operated by affiliated networks or persons, or the two networks with the largest market share of credit cards issued. Additionally, credit card issuers are prohibited from imposing certain limitations on the routing of electronic credit transactions, such as through penalties for failure to meet a specified threshold of transactions on a particular payment card network. The board must also provide for the designation of payment card networks that pose a security risk to the United States or are owned, operated, or sponsored by a foreign state entity. 2022-12-29T12:33:48Z https://www.congress.gov/bill/117th-congress/house-bill/8874
117-hr-8880 117 hr 8880 Multilingual Financial Literacy Act Finance and Financial Sector 2022-09-19 2022-09-19 Referred to the Committee on Financial Services, and in addition to the Committee on Education and Labor, 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. House Rep. Garcia, Sylvia R. [D-TX-29] TX D G000587 1 Multilingual Financial Literacy Act This bill requires the Financial Literacy and Education Commission to translate financial literacy information to different languages. The commission must also report on the impact of language barriers to financial health. The bill also requires additional information in the commission's annual report, including a summary of the commission's efforts to increase financial literacy across all member agencies. 2023-03-08T19:58:39Z https://www.congress.gov/bill/117th-congress/house-bill/8880
117-s-4879 117 s 4879 Expanding Financial Access for Underserved Communities Act Finance and Financial Sector 2022-09-19 2022-09-19 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S4823) Senate Sen. Padilla, Alex [D-CA] CA D P000145 0 Expanding Financial Access for Underserved Communities Act This bill eases credit union membership requirements to allow more access for persons in underserved areas. A credit union must, however, submit a business and marketing plan to the National Credit Union Administration explaining the credit union's ability and intent to serve such population. The bill also excludes loans made to members in underserved areas from certain credit union limits on member business loans. 2023-09-01T13:15:21Z https://www.congress.gov/bill/117th-congress/senate-bill/4879
117-hr-8833 117 hr 8833 Making Communities Stronger through the Community Reinvestment Act Finance and Financial Sector 2022-09-15 2022-09-15 Referred to the House Committee on Financial Services. House Rep. Waters, Maxine [D-CA-43] CA D W000187 1 Making Communities Stronger through the Community Reinvestment Act This bill revises the Community Reinvestment Act, which addresses the availability of credit in communities. Under the act, financial regulators examine a banking institution's community activities such as lending, investments, and services, particularly for low- and moderate-income populations. Specifically, the bill sets forth examination requirements regarding an institution's illegal or discriminatory activity, partnerships with non-depository lenders, home mortgage lending targeted to low- and moderate-income borrowers, and community service or charity work. Each institution must establish Community Advisory Committees in areas served by the institution. 2023-05-11T15:45:15Z https://www.congress.gov/bill/117th-congress/house-bill/8833
117-hr-8836 117 hr 8836 EXPORT Act of 2022 Finance and Financial Sector 2022-09-15 2022-11-29 Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit. House Rep. Owens, Burgess [R-UT-4] UT R O000086 0 Expanding Possibilities and Opportunities to Reinvigorate Trade Act of 2022 or the EXPORT Act of 2022 This bill exempts certain money transmitters from specified capital and margin requirements that otherwise apply to counterparty swaps. Specifically, these money transmitters must (1) only enter into swaps for the purpose of offsetting risks from foreign currency contracts with a non-end user, and (2) have annual assets of $1 billion or less. 2023-01-25T15:45:25Z https://www.congress.gov/bill/117th-congress/house-bill/8836
117-s-4857 117 s 4857 Private Markets Transparency and Accountability Act Finance and Financial Sector 2022-09-15 2022-12-14 Committee on Banking, Housing, and Urban Affairs. Hearings held. Senate Sen. Reed, Jack [D-RI] RI D R000122 2 Private Markets Transparency and Accountability Act This bill requires certain private companies to register with the Securities and Exchange Commission (SEC) and thereby publicly disclose business practices and financial information. Under current law, companies with assets exceeding $10 million and with a class of securities held by either 2,000 persons, or 500 persons who are not accredited investors, must register with the SEC. In addition, the bill requires companies to register if (1) their valuation exceeds $700 million, or (2) their annual revenue exceeds $5 billion and they have at least 5,000 employees. 2023-08-18T14:45:21Z https://www.congress.gov/bill/117th-congress/senate-bill/4857
117-s-4869 117 s 4869 Saving Privacy Act Finance and Financial Sector 2022-09-15 2022-09-15 Read twice and referred to the Committee on Finance. Senate Sen. Lee, Mike [R-UT] UT R L000577 2 Saving Privacy Act This bill adjusts certain amounts for inflation, including reporting thresholds applicable to financial transactions, the threshold for the criminal offense of cash smuggling, and tax return thresholds for cash receipts. 2023-03-08T20:12:35Z https://www.congress.gov/bill/117th-congress/senate-bill/4869
117-s-4831 117 s 4831 No CBDC Act Finance and Financial Sector 2022-09-13 2022-09-13 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Senate Sen. Lee, Mike [R-UT] UT R L000577 2 No Central Bank Digital Currency Act or the No CBDC Act This bill generally prohibits the Federal Reserve Board, Federal Reserve Banks, the Department of the Treasury, and other agencies from issuing or using a central bank digital currency. 2023-01-19T05:16:15Z https://www.congress.gov/bill/117th-congress/senate-bill/4831
117-hr-8730 117 hr 8730 Digital Commodities Consumer Protection Act of 2022 Finance and Financial Sector 2022-08-19 2022-11-01 Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law. House Rep. Feenstra, Randy [R-IA-4] IA R F000446 1 Digital Commodities Consumer Protection Act of 2022 This bill grants exclusive jurisdiction to the Commodity Futures Trading Commission over activity involving digital commodities as specified by the bill. The bill defines digital commodities as fungible digital forms of personal property that can be transferred person-to-person without an intermediary. Excluded from this definition are securities, interests in physical commodities, and U.S.-backed digital currencies. The commission does not have jurisdiction over digital commodities used solely for the purchase or sale of a good or service. Digital commodity platforms (including brokers, custodians, dealers, and trading facilities) must register with the commission and comply with risk management and good governance procedures. The bill also sets forth recordkeeping requirements, conflict of interest standards, and other consumer protections. 2023-09-01T15:15:20Z https://www.congress.gov/bill/117th-congress/house-bill/8730
117-hr-8658 117 hr 8658 Emergency Price Stabilization Act of 2022 Finance and Financial Sector 2022-08-05 2022-08-05 Referred to the House Committee on Financial Services. House Rep. Bowman, Jamaal [D-NY-16] NY D B001223 19 Emergency Price Stabilization Act of 2022 This bill creates the Sub-Task Force on Emergency Price Stabilization under the White House Supply Chains Disruption Task Force. The new task force must monitor the price of essential goods and services, investigate corporate price increases, make recommendations to the President, and report plans and research to the public. The bill also grants the President the authority to enact or adjust price controls and regulations in accordance with these recommendations. 2023-01-12T17:53:07Z https://www.congress.gov/bill/117th-congress/house-bill/8658
117-s-4751 117 s 4751 A bill to revise the definition of a broker for purposes of certain reporting requirements with respect to digital asset transfers under the Internal Revenue Code of 1986, and for other purposes. Finance and Financial Sector 2022-08-03 2022-08-03 Read twice and referred to the Committee on Finance. Senate Sen. Toomey, Patrick [R-PA] PA R T000461 4 This bill excludes certain persons from being considered a broker for tax reporting purposes. Under current law, the transfer of digital assets from a broker to a nonbroker requires the broker to file a return beginning on January 1, 2024. The bill provides that a broker does not include any person solely engaged in the business of (1) validating distributed ledger transactions, or (2) selling hardware or software for which the sole function is to permit access to digital assets on a distributed ledger. 2023-01-18T05:17:08Z https://www.congress.gov/bill/117th-congress/senate-bill/4751
117-s-4757 117 s 4757 TICKER Act Finance and Financial Sector 2022-08-03 2022-08-03 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Senate Sen. Scott, Rick [R-FL] FL R S001217 1 Trading and Investing with Clear Knowledge and Expectations about Risk Act or the TICKER Act This bill requires the identification of consolidated variable interest entities on securities exchanges. Specifically, the symbol used on the exchange must identify these entities as consolidated variable interest entities. (A consolidated variable interest entity is a business structure where an investor holds a controlling interest in an entity through contractual agreements rather than having a majority of voting rights.) In addition, the Securities and Exchange Commission must require brokers and dealers to warn investors in these entities that those investors may lack legal recourse with respect to these investments. 2023-01-19T05:15:28Z https://www.congress.gov/bill/117th-congress/senate-bill/4757
117-s-4760 117 s 4760 Digital Commodities Consumer Protection Act of 2022 Finance and Financial Sector 2022-08-03 2022-09-15 Committee on Banking, Housing, and Urban Affairs. Hearings held. Senate Sen. Stabenow, Debbie [D-MI] MI D S000770 6 Digital Commodities Consumer Protection Act of 2022 This bill grants exclusive jurisdiction to the Commodity Futures Trading Commission over activity involving digital commodities as specified by the bill. The bill defines digital commodities as fungible digital forms of personal property that can be transferred person-to-person without an intermediary. Excluded from this definition are securities, interests in physical commodities, and U.S.-backed digital currencies. The commission does not have jurisdiction over digital commodities used solely for the purchase or sale of a good or service. Digital commodity platforms (including brokers, custodians, dealers, and trading facilities) must register with the commission and comply with risk management and good governance procedures. The bill also sets forth recordkeeping requirements, conflict of interest standards, and other consumer protections. 2023-09-01T15:15:20Z https://www.congress.gov/bill/117th-congress/senate-bill/4760
117-s-4689 117 s 4689 ACCESS Rural America Act Finance and Financial Sector 2022-08-01 2022-08-01 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Senate Sen. Baldwin, Tammy [D-WI] WI D B001230 3 Access to Capital Creates Economic Strength and Supports Rural America Act or the ACCESS Rural America Act This bill increases the shareholder registration threshold for issuers receiving support through federal universal service support mechanisms, which provide communication services to underserved areas. 2023-01-11T13:50:19Z https://www.congress.gov/bill/117th-congress/senate-bill/4689
117-s-4698 117 s 4698 Improving Cybersecurity of Credit Unions Act Finance and Financial Sector 2022-08-01 2022-11-15 Committee on Banking, Housing, and Urban Affairs. Hearings held. Senate Sen. Ossoff, Jon [D-GA] GA D O000174 2 Improving Cybersecurity of Credit Unions Act This bill subjects credit union organizations and third-party service providers to examination and regulation by the National Credit Union Administration to the same extent as insured credit unions. 2023-09-01T14:30:25Z https://www.congress.gov/bill/117th-congress/senate-bill/4698
117-hr-8589 117 hr 8589 To prohibit the Securities and Exchange Commission from finalizing the proposed rule titled "The Enhancement and Standardization of Climate-Related Disclosures for Investors", and for other purposes. Finance and Financial Sector 2022-07-29 2022-07-29 Referred to the House Committee on Financial Services. House Rep. Hill, J. French [R-AR-2] AR R H001072 3 This bill prohibits the Securities and Exchange Commission from finalizing the rule proposed on April 11, 2022, and titled The Enhancement and Standardization of Climate-Related Disclosures for Investors. The proposed rule requires registrants to disclose their climate-related risks. 2023-01-11T13:50:18Z https://www.congress.gov/bill/117th-congress/house-bill/8589
117-hr-8617 117 hr 8617 Exchange Regulatory Improvement Act of 2022 Finance and Financial Sector 2022-07-29 2022-07-29 Referred to the House Committee on Financial Services. House Rep. Loudermilk, Barry [R-GA-11] GA R L000583 1 Exchange Regulatory Improvement Act of 2022 This bill revises the definition of facility for purposes of regulation under the Securities Exchange Act of 1934. Specifically, the bill provides that a facility does not include any service that can legally be offered by a person or entity that is not a registered exchange. 2023-01-11T13:50:18Z https://www.congress.gov/bill/117th-congress/house-bill/8617
117-s-4657 117 s 4657 Investor Justice Act of 2022 Finance and Financial Sector 2022-07-28 2022-07-28 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Senate Sen. Cortez Masto, Catherine [D-NV] NV D C001113 2 Investor Justice Act of 2022 This bill establishes grants for investor advocacy clinics. To qualify, clinics associated with a law school or a tax-exempt organization must provide free legal representation to investors with securities arbitration and mediation claims pending before a registered national securities association. 2022-12-29T18:48:38Z https://www.congress.gov/bill/117th-congress/senate-bill/4657
117-s-4671 117 s 4671 GREEN Appraisals Act of 2022 Finance and Financial Sector 2022-07-28 2022-07-28 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Senate Sen. Bennet, Michael F. [D-CO] CO D B001267 0 Getting Renewable and Energy Efficient Neighborhoods Appraisals Act of 2022 or the GREEN Appraisals Act of 2022 This bill requires lenders that originate federally backed residential mortgages to notify borrowers of their right to request an energy report concerning the property. The bill also requires, upon consent of the borrower, the lender to provide to an appraiser any available energy report concerning the property. The appraiser must take this report into consideration when appraising the value of the property. 2023-01-11T13:50:17Z https://www.congress.gov/bill/117th-congress/senate-bill/4671
117-s-4674 117 s 4674 Credit Card Competition Act of 2022 Finance and Financial Sector 2022-07-28 2022-07-28 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Senate Sen. Durbin, Richard J. [D-IL] IL D D000563 1 Credit Card Competition Act of 2022 This bill addresses network access and competition in electronic credit transactions. The bill generally prohibits credit card issuers from restricting the number of payment card networks on which an electronic credit transaction may be processed. Specifically, the Board of Governors of the Federal Reserve System must prohibit certain credit card issuers with assets of over $100 billion from restricting the number of networks on which credit card transactions may be processed to one network, two or more networks operated by affiliated networks or persons, or the two networks with the largest market share of credit cards issued. Additionally, credit card issuers are prohibited from imposing certain limitations on the routing of electronic credit transactions, such as through penalties for failure to meet a specified threshold of transactions on a particular payment card network. The board must also provide for the designation of payment card networks that pose a security risk to the United States or are owned, operated, or sponsored by a foreign state entity. 2022-12-29T18:48:37Z https://www.congress.gov/bill/117th-congress/senate-bill/4674
117-hr-8521 117 hr 8521 INDEX Act Finance and Financial Sector 2022-07-27 2022-07-27 Referred to the House Committee on Financial Services. House Rep. Huizenga, Bill [R-MI-2] MI R H001058 2 INvestor Democracy is EXpected Act or the INDEX Act This bill establishes guidelines for passively managed funds (e.g., index funds) that vote shares on behalf of fund investors in proxy shareholder votes. Under the bill, these funds generally must vote shares on a proportional basis according to instructions from fund investors. The bill establishes an exemption for routine matters and matters requiring approval of a majority of outstanding securities. Additionally, the bill establishes a safe harbor from these requirements for investment advisers. 2023-09-01T13:45:20Z https://www.congress.gov/bill/117th-congress/house-bill/8521
117-hres-1290 117 hres 1290 Expressing the sense of the House of Representatives that two consecutive quarters of negative growth in gross domestic product, as reported by the Bureau of Economic Analysis, constitutes a recession. Finance and Financial Sector 2022-07-27 2022-07-27 Referred to the House Committee on Oversight and Reform. House Rep. Schweikert, David [R-AZ-6] AZ R S001183 0 This resolution states that two consecutive quarters of negative growth in gross domestic product constitutes a recession. 2022-12-29T18:33:47Z https://www.congress.gov/bill/117th-congress/house-resolution/1290

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CREATE TABLE legislation (
    bill_id TEXT PRIMARY KEY,
    congress INTEGER,
    bill_type TEXT,
    bill_number INTEGER,
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    latest_action_text TEXT,
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CREATE INDEX idx_leg_congress ON legislation(congress);
CREATE INDEX idx_leg_type ON legislation(bill_type);
CREATE INDEX idx_leg_policy ON legislation(policy_area);
CREATE INDEX idx_leg_date ON legislation(introduced_date);
CREATE INDEX idx_leg_sponsor ON legislation(sponsor_name);
CREATE INDEX idx_leg_sponsor_bioguide ON legislation(sponsor_bioguide_id);
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