# 115-hr-1624: Municipal Finance Support Act of 2017

115-hr-1624, Municipal Finance Support Act of 2017, is a 115th Congress bill sponsored by Rep. Messer, Luke [R-IN-6] (R-IN); status Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/115-hr-1624
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 115-hr-1624
- Congress: 115
- Title: Municipal Finance Support Act of 2017
- Status: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Introduced: 2017-03-20
- Sponsor: Rep. Messer, Luke [R-IN-6] (R-IN)
- Cosponsors: 19
- Policy area: Finance and Financial Sector
- Touches household money: no
- Last recorded action: 2025-11-18

## 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).

## Cosponsors (19)

- Rep. Maloney, Carolyn B. [D-NY-12] (D-NY), 2017-03-20T00:00:00.000Z
- Rep. Hultgren, Randy [R-IL-14] (R-IL), 2017-03-20T00:00:00.000Z
- Rep. Meeks, Gregory W. [D-NY-5] (D-NY), 2017-03-20T00:00:00.000Z
- Rep. Kelly, Robin L. [D-IL-2] (D-IL), 2017-03-20T00:00:00.000Z
- Rep. Sewell, Terri A. [D-AL-7] (D-AL), 2017-03-20T00:00:00.000Z
- Rep. Sinema, Kyrsten [D-AZ-9] (D-AZ), 2017-03-20T00:00:00.000Z
- PETER KING (R-NY), 2017-03-20T00:00:00.000Z
- Del. Norton, Eleanor Holmes [D-DC-At Large] (D-DC), 2017-03-20T00:00:00.000Z
- Rep. Moore, Gwen [D-WI-4] (D-WI), 2017-03-20T00:00:00.000Z
- Rep. Poliquin, Bruce [R-ME-2] (R-ME), 2017-03-20T00:00:00.000Z
- Rep. Veasey, Marc A. [D-TX-33] (D-TX), 2017-03-20T00:00:00.000Z
- Rep. Sherman, Brad [D-CA-32] (D-CA), 2017-03-20T00:00:00.000Z
- Rep. Kind, Ron [D-WI-3] (D-WI), 2017-03-20T00:00:00.000Z
- Rep. Hudson, Richard [R-NC-9] (R-NC), 2017-03-21T00:00:00.000Z
- Rep. Curbelo, Carlos [R-FL-26] (R-FL), 2017-05-03T00:00:00.000Z
- Rep. Ross, Dennis A. [R-FL-15] (R-FL), 2017-05-11T00:00:00.000Z
- Rep. Velázquez, Nydia M. [D-NY-7] (D-NY), 2017-05-23T00:00:00.000Z
- Rep. Delaney, John K. [D-MD-6] (D-MD), 2017-05-23T00:00:00.000Z
- Rep. Fitzpatrick, Brian K. [R-PA-1] (R-PA), 2017-09-06T00:00:00.000Z

## Related bills

- 115-hr-2519: The American Legion 100th Anniversary Commemorative Coin Act
- 115-hr-299: Blue Water Navy Vietnam Veterans Act of 2018
- 115-hr-1235: Naismith Memorial Basketball Hall of Fame Commemorative Coin Act
- 115-hr-5141: United States-Israel Security Assistance Authorization Act of 2018
- 115-hr-4143: Dialysis PATIENTS Demonstration Act of 2017
- 115-hr-2740: Rabbi Michoel Ber Weissmandl Congressional Gold Medal Act of 2017 (sic)

## Sources
- [115-hr-1624 on Congress.gov](https://www.congress.gov/bill/115th-congress/house-bill/1624)

## Related
- [115-hr-2519: The American Legion 100th Anniversary Commemorative Coin Act](https://policyrisk.com/legislation/115-hr-2519)
- [115-hr-299: Blue Water Navy Vietnam Veterans Act of 2018](https://policyrisk.com/legislation/115-hr-299)
- [115-hr-1235: Naismith Memorial Basketball Hall of Fame Commemorative Coin Act](https://policyrisk.com/legislation/115-hr-1235)
- [115-hr-5141: United States-Israel Security Assistance Authorization Act of 2018](https://policyrisk.com/legislation/115-hr-5141)
- [115-hr-4143: Dialysis PATIENTS Demonstration Act of 2017](https://policyrisk.com/legislation/115-hr-4143)
- [115-hr-2740: Rabbi Michoel Ber Weissmandl Congressional Gold Medal Act of 2017 (sic)](https://policyrisk.com/legislation/115-hr-2740)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/115-hr-1624 (as of 2025-11-18).