US HB2989 | 2021-2022 | 117th Congress
Status
Spectrum: Bipartisan Bill
Status: Engrossed on October 26 2021 - 50% progression, died in committee
Action: 2021-10-26 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Engrossed) [PDF]
Status: Engrossed on October 26 2021 - 50% progression, died in committee
Action: 2021-10-26 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Engrossed) [PDF]
Summary
To amend securities and banking laws to make the information reported to financial regulatory agencies electronically searchable, to further enable the development of RegTech and Artificial Intelligence applications, to put the United States on a path towards building a comprehensive Standard Business Reporting program to ultimately harmonize and reduce the private sector’s regulatory compliance burden, while enhancing transparency and accountability, and for other purposes.
Title
Financial Transparency Act of 2021
Sponsors
| Rep. Carolyn Maloney [D-NY] | Rep. Patrick McHenry [R-NC] |
Roll Calls
2021-10-25 - House - On motion to suspend the rules and pass the bill, as amended (Y: 400 N: 19 NV: 0 Abs: 12) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2021-10-26 | Senate | Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. |
| 2021-10-25 | House | Motion to reconsider laid on the table Agreed to without objection. |
| 2021-10-25 | House | On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 400 - 19 (Roll no. 333). (text: CR H5840-5846) |
| 2021-10-25 | House | Considered as unfinished business. (consideration: CR H5854-5855) |
| 2021-10-25 | House | At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed. |
| 2021-10-25 | House | DEBATE - The House proceeded with forty minutes of debate on H.R. 2989. |
| 2021-10-25 | House | Considered under suspension of the rules. (consideration: CR H5840-5848) |
| 2021-10-25 | House | Ms. Waters moved to suspend the rules and pass the bill, as amended. |
| 2021-06-21 | House | Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit. |
| 2021-05-04 | House | 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. |
| 2021-05-04 | House | Introduced in House |
