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115-hr-1624115th Congress

Municipal Finance Support Act of 2017

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

Unknown

Summary

Municipal Finance Support Act of 2017 This bill amends the Federal Deposit Insurance Act to require certain municipal obligations to be treated as level 2A liquid assets if they are investment grade, liquid, and readily marketable. Under current law, only certain securities issued or guaranteed by a U.S. government-sponsored enterprise, a sovereign entity, or a multilateral development bank may be treated as level 2A liquid assets (which are considered to be high-quality assets).

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Messer, Luke [R-IN-6]

IN • R

Cosponsors

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

    NY • D

    Sponsored 3/20/2017

  • Rep. Hultgren, Randy [R-IL-14]

    IL • R

    Sponsored 3/20/2017

  • Rep. Meeks, Gregory W. [D-NY-5]

    NY • D

    Sponsored 3/20/2017

  • Rep. Kelly, Robin L. [D-IL-2]

    IL • D

    Sponsored 3/20/2017

  • Rep. Sewell, Terri A. [D-AL-7]

    AL • D

    Sponsored 3/20/2017

  • Rep. Sinema, Kyrsten [D-AZ-9]

    AZ • D

    Sponsored 3/20/2017

  • PETER KING

    NY • R

    Sponsored 3/20/2017

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

    DC • D

    Sponsored 3/20/2017

  • Rep. Moore, Gwen [D-WI-4]

    WI • D

    Sponsored 3/20/2017

  • Rep. Poliquin, Bruce [R-ME-2]

    ME • R

    Sponsored 3/20/2017

  • Rep. Veasey, Marc A. [D-TX-33]

    TX • D

    Sponsored 3/20/2017

  • Rep. Sherman, Brad [D-CA-32]

    CA • D

    Sponsored 3/20/2017

  • Rep. Kind, Ron [D-WI-3]

    WI • D

    Sponsored 3/20/2017

  • Rep. Hudson, Richard [R-NC-9]

    NC • R

    Sponsored 3/21/2017

  • Rep. Curbelo, Carlos [R-FL-26]

    FL • R

    Sponsored 5/3/2017

  • Rep. Ross, Dennis A. [R-FL-15]

    FL • R

    Sponsored 5/11/2017

  • Rep. Velázquez, Nydia M. [D-NY-7]

    NY • D

    Sponsored 5/23/2017

  • Rep. Delaney, John K. [D-MD-6]

    MD • D

    Sponsored 5/23/2017

  • Rep. Fitzpatrick, Brian K. [R-PA-1]

    PA • R

    Sponsored 9/6/2017

Roll Call Votes

No roll call votes available for this bill.

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