# 114-hr-2209: To require the appropriate Federal banking agencies to treat certain municipal obligations as level 2A liquid assets, and for other purposes.

114-hr-2209, To require the appropriate Federal banking agencies to treat certain municipal obligations as level 2A liquid assets, and for other purposes., is a 114th Congress bill sponsored by Rep. Messer, Luke [R-IN-6] (R-IN); status Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 114-231. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/114-hr-2209
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 114-hr-2209
- Congress: 114
- Title: To require the appropriate Federal banking agencies to treat certain municipal obligations as level 2A liquid assets, and for other purposes.
- Status: Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 114-231.
- Introduced: 2015-05-01
- Sponsor: Rep. Messer, Luke [R-IN-6] (R-IN)
- Cosponsors: 29
- Policy area: Finance and Financial Sector
- Touches household money: no
- Last recorded action: 2025-11-18

## 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.

## Cosponsors (29)

- PETER KING (R-NY), 2015-05-01T00:00:00.000Z
- Rep. Sewell, Terri A. [D-AL-7] (D-AL), 2015-05-01T00:00:00.000Z
- Rep. Stivers, Steve [R-OH-15] (R-OH), 2015-05-01T00:00:00.000Z
- Rep. Hultgren, Randy [R-IL-14] (R-IL), 2015-05-01T00:00:00.000Z
- Rep. Maloney, Carolyn B. [D-NY-12] (D-NY), 2015-05-01T00:00:00.000Z
- MICHAEL CAPUANO (D-MA), 2015-05-01T00:00:00.000Z
- Rep. Cleaver, Emanuel [D-MO-5] (D-MO), 2015-05-01T00:00:00.000Z
- Rep. Moore, Gwen [D-WI-4] (D-WI), 2015-05-01T00:00:00.000Z
- Rep. Neugebauer, Randy [R-TX-19] (R-TX), 2015-05-01T00:00:00.000Z
- Rep. Sinema, Kyrsten [D-AZ-9] (D-AZ), 2015-06-12T00:00:00.000Z
- Rep. Veasey, Marc A. [D-TX-33] (D-TX), 2015-07-21T00:00:00.000Z
- Rep. Poliquin, Bruce [R-ME-2] (R-ME), 2015-07-22T00:00:00.000Z
- Del. Norton, Eleanor Holmes [D-DC-At Large] (D-DC), 2015-07-27T00:00:00.000Z
- Rep. Meeks, Gregory W. [D-NY-5] (D-NY), 2015-09-16T00:00:00.000Z
- STEVE ISRAEL (D-NY), 2015-10-21T00:00:00.000Z
- Rep. Vargas, Juan [D-CA-52] (D-CA), 2015-10-21T00:00:00.000Z
- Rep. Pittenger, Robert [R-NC-9] (R-NC), 2015-10-21T00:00:00.000Z
- Rep. Sherman, Brad [D-CA-32] (D-CA), 2015-10-21T00:00:00.000Z
- Rep. Barr, Andy [R-KY-6] (R-KY), 2015-10-26T00:00:00.000Z
- Rep. Ross, Dennis A. [R-FL-15] (R-FL), 2015-10-26T00:00:00.000Z
- Rep. Brooks, Mo [R-AL-5] (R-AL), 2015-11-16T00:00:00.000Z
- Rep. Kelly, Robin L. [D-IL-2] (D-IL), 2015-11-30T00:00:00.000Z
- Rep. Hudson, Richard [R-NC-9] (R-NC), 2015-11-30T00:00:00.000Z
- Rep. Ellmers, Renee L. [R-NC-2] (R-NC), 2015-12-02T00:00:00.000Z
- LAMAR SMITH (R-TX), 2015-12-02T00:00:00.000Z
- Rep. Rouzer, David [R-NC-7] (R-NC), 2015-12-09T00:00:00.000Z
- Rep. Kind, Ron [D-WI-3] (D-WI), 2015-12-10T00:00:00.000Z
- Rep. Latta, Robert E. [R-OH-5] (R-OH), 2016-01-12T00:00:00.000Z
- Rep. Kildee, Daniel T. [D-MI-8] (D-MI), 2016-02-01T00:00:00.000Z

## Related bills

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- 114-hr-3929: Office of Strategic Services Congressional Gold Medal Act
- 114-hr-2726: Apollo 11 50th Anniversary Commemorative Coin Act
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- 114-hr-2992: Merchant Marine of World War II Congressional Gold Medal Act
- 114-hr-2903: Craft Beverage Modernization and Tax Reform Act of 2015

## Sources
- [114-hr-2209 on Congress.gov](https://www.congress.gov/bill/114th-congress/house-bill/2209)

## Related
- [114-hr-5621: To posthumously award a Congressional Gold Medal to Lawrence Eugene "Larry" Dob…](https://policyrisk.com/legislation/114-hr-5621)
- [114-hr-3929: Office of Strategic Services Congressional Gold Medal Act](https://policyrisk.com/legislation/114-hr-3929)
- [114-hr-2726: Apollo 11 50th Anniversary Commemorative Coin Act](https://policyrisk.com/legislation/114-hr-2726)
- [114-hr-893: Boys Town Centennial Commemorative Coin Act](https://policyrisk.com/legislation/114-hr-893)
- [114-hr-2992: Merchant Marine of World War II Congressional Gold Medal Act](https://policyrisk.com/legislation/114-hr-2992)
- [114-hr-2903: Craft Beverage Modernization and Tax Reform Act of 2015](https://policyrisk.com/legislation/114-hr-2903)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/114-hr-2209 (as of 2025-11-18).