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114-hr-2209114th Congress

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

Sponsored By: Representative Messer, Luke [R-IN-6]

Unknown

Summary

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.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Messer, Luke [R-IN-6]

IN • R

Cosponsors

  • PETER KING

    NY • R

    Sponsored 5/1/2015

  • Rep. Sewell, Terri A. [D-AL-7]

    AL • D

    Sponsored 5/1/2015

  • Rep. Stivers, Steve [R-OH-15]

    OH • R

    Sponsored 5/1/2015

  • Rep. Hultgren, Randy [R-IL-14]

    IL • R

    Sponsored 5/1/2015

  • Rep. Maloney, Carolyn B. [D-NY-12]

    NY • D

    Sponsored 5/1/2015

  • MICHAEL CAPUANO

    MA • D

    Sponsored 5/1/2015

  • Rep. Cleaver, Emanuel [D-MO-5]

    MO • D

    Sponsored 5/1/2015

  • Rep. Moore, Gwen [D-WI-4]

    WI • D

    Sponsored 5/1/2015

  • Rep. Neugebauer, Randy [R-TX-19]

    TX • R

    Sponsored 5/1/2015

  • Rep. Sinema, Kyrsten [D-AZ-9]

    AZ • D

    Sponsored 6/12/2015

  • Rep. Veasey, Marc A. [D-TX-33]

    TX • D

    Sponsored 7/21/2015

  • Rep. Poliquin, Bruce [R-ME-2]

    ME • R

    Sponsored 7/22/2015

  • Del. Norton, Eleanor Holmes [D-DC-At Large]

    DC • D

    Sponsored 7/27/2015

  • Rep. Meeks, Gregory W. [D-NY-5]

    NY • D

    Sponsored 9/16/2015

  • STEVE ISRAEL

    NY • D

    Sponsored 10/21/2015

  • Rep. Vargas, Juan [D-CA-52]

    CA • D

    Sponsored 10/21/2015

  • Rep. Pittenger, Robert [R-NC-9]

    NC • R

    Sponsored 10/21/2015

  • Rep. Sherman, Brad [D-CA-32]

    CA • D

    Sponsored 10/21/2015

  • Rep. Barr, Andy [R-KY-6]

    KY • R

    Sponsored 10/26/2015

  • Rep. Ross, Dennis A. [R-FL-15]

    FL • R

    Sponsored 10/26/2015

  • Rep. Brooks, Mo [R-AL-5]

    AL • R

    Sponsored 11/16/2015

  • Rep. Kelly, Robin L. [D-IL-2]

    IL • D

    Sponsored 11/30/2015

  • Rep. Hudson, Richard [R-NC-9]

    NC • R

    Sponsored 11/30/2015

  • Rep. Ellmers, Renee L. [R-NC-2]

    NC • R

    Sponsored 12/2/2015

  • LAMAR SMITH

    TX • R

    Sponsored 12/2/2015

  • Rep. Rouzer, David [R-NC-7]

    NC • R

    Sponsored 12/9/2015

  • Rep. Kind, Ron [D-WI-3]

    WI • D

    Sponsored 12/10/2015

  • Rep. Latta, Robert E. [R-OH-5]

    OH • R

    Sponsored 1/12/2016

  • Rep. Kildee, Daniel T. [D-MI-8]

    MI • D

    Sponsored 2/1/2016

Roll Call Votes

No roll call votes available for this bill.

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