US Congress House Bill 2209 (Prior Session Legislation)

---

Spectrum: Bipartisan Bill
Status: Engrossed on February 2 2016 - 50% progression, died in chamber
Action: 2016-02-11 - Committee on Banking, Housing, and Urban Affairs. Hearings held.
Text: Latest bill text (Engrossed) [PDF]

To require the appropriate Federal banking agencies to treat certain municipal obligations as level 2A liquid assets, and for other purposes. (Sec. 1) This bill amends the Federal Deposit Insurance Act with respect to the treatment of certain municipal obligations to direct the federal banking agencies to treat as a high-quality level 2A liquid asset any municipal obligation that is liquid, readily marketable, and investment grade as of the calculation date. The Federal Deposit Insurance Corporation, the Board of Governors of the Federal Reserve System, and the Comptroller of the Currency are directed to amend the rule titled "Liquidity Coverage Ratio: Liquidity Risk Measurement Standards; Final Rule" to implement this Act.

To require the appropriate Federal banking agencies to treat certain municipal obligations as level 2A liquid assets, and for other purposes.

Rep. Luke Messer [R-IN]	Rep. Peter King [R-NY]	Rep. Terri Sewell [D-AL]	Rep. Steve Stivers [R-OH]
Rep. Randy Hultgren [R-IL]	Rep. Carolyn Maloney [D-NY]	Rep. Michael Capuano [D-MA]	Rep. Emanuel Cleaver [D-MO]
Rep. Gwen Moore [D-WI]	Rep. Randy Neugebauer [R-TX]	Sen. Kyrsten Sinema [I-AZ]	Rep. Marc Veasey [D-TX]
Rep. Bruce Poliquin [R-ME]	Rep. Eleanor Norton [D-DC]	Rep. Gregory Meeks [D-NY]	Rep. Steve Israel [D-NY]
Rep. Juan Vargas [D-CA]	Rep. Robert Pittenger [R-NC]	Rep. Brad Sherman [D-CA]	Rep. Garland Barr [R-KY]
Rep. Dennis Ross [R-FL]	Rep. Mo Brooks [R-AL]	Rep. Robin Kelly [D-IL]	Rep. Richard Hudson [R-NC]
Rep. Renee Ellmers [R-NC]	Rep. Lamar Smith [R-TX]	Rep. David Rouzer [R-NC]	Rep. Ron Kind [D-WI]
Rep. Robert Latta [R-OH]	Rep. Daniel Kildee [D-MI]

Date	Chamber	Action
2016-02-11	Senate	Committee on Banking, Housing, and Urban Affairs. Hearings held.
2016-02-02	Senate	Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
2016-02-01	House	Motion to reconsider laid on the table Agreed to without objection.
2016-02-01	House	On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H384)
2016-02-01	House	DEBATE - The House proceeded with forty minutes of debate on H.R. 2209.
2016-02-01	House	Considered under suspension of the rules. (consideration: CR H384-387)
2016-02-01	House	Mr. Garrett moved to suspend the rules and pass the bill.
2016-02-01	House	Placed on the Union Calendar, Calendar No. 310.
2016-02-01	House	Reported by the Committee on Financial Services. H. Rept. 114-407.
2015-11-04	House	Ordered to be Reported by the Yeas and Nays: 56 - 1.
2015-11-04	House	Committee Consideration and Mark-up Session Held.
2015-11-04	House	Committee Consideration and Mark-up Session Held.
2015-11-03	House	Committee Consideration and Mark-up Session Held.
2015-10-21	House	Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Referral.
2015-05-01	House	Referred to the House Committee on Financial Services.
2015-05-01	House	Introduced in House

Type	Source
Summary	https://www.congress.gov/bill/114th-congress/house-bill/2209/all-info
Text	https://www.congress.gov/114/bills/hr2209/BILLS-114hr2209ih.pdf
Text	https://www.congress.gov/114/bills/hr2209/BILLS-114hr2209rh.pdf
Text	https://www.congress.gov/114/bills/hr2209/BILLS-114hr2209eh.pdf