PRIA Logo™
115-hr-4659115th Congress

To require the appropriate Federal banking agencies to recognize the exposure-reducing nature of client margin for cleared derivatives.

Sponsored By: Representative Luetkemeyer, Blaine [R-MO-3]

Unknown

Summary

This bill amends the Federal Deposit Insurance Act, the Bank Holding Company Act of 1956, and the Home Owners' Loan Act to exclude initial client margin funds (i.e., funds lent to a client by a broker to facilitate a derivatives contract) from leverage-exposure calculations for purposes of determining whether an insured depository institution, a bank holding company, or a savings and loan holding company is in compliance with federal leverage-based capital standards.

Personalized for You

How does this bill affect your finances?

Personalize government policy and PRIA will tell you what this bill means for your household, plus every other piece of legislation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.

Free to download

Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Luetkemeyer, Blaine [R-MO-3]

MO • R

Cosponsors

  • Rep. Lucas, Frank D. [R-OK-3]

    OK • R

    Sponsored 12/14/2017

  • Rep. Vela, Filemon [D-TX-34]

    TX • D

    Sponsored 12/14/2017

  • Rep. O'Halleran, Tom [D-AZ-1]

    AZ • D

    Sponsored 12/14/2017

  • Rep. Scott, David [D-GA-13]

    GA • D

    Sponsored 12/14/2017

  • Rep. Sessions, Pete [R-TX-17]

    TX • R

    Sponsored 2/8/2018

  • Rep. Hultgren, Randy [R-IL-14]

    IL • R

    Sponsored 2/8/2018

  • Rep. Emmer, Tom [R-MN-6]

    MN • R

    Sponsored 2/15/2018

  • Rep. Davis, Rodney [R-IL-13]

    IL • R

    Sponsored 2/15/2018

  • Rep. Conaway, K. Michael [R-TX-11]

    TX • R

    Sponsored 3/6/2018

  • COLLIN PETERSON

    MN • D

    Sponsored 3/6/2018

  • Rep. Arrington, Jodey C. [R-TX-19]

    TX • R

    Sponsored 3/14/2018

  • Rep. Gonzalez, Vicente [D-TX-34]

    TX • D

    Sponsored 3/19/2018

  • Rep. Kustoff, David [R-TN-8]

    TN • R

    Sponsored 3/20/2018

  • Rep. Scott, Austin [R-GA-8]

    GA • R

    Sponsored 3/20/2018

  • Rep. Hill, J. French [R-AR-2]

    AR • R

    Sponsored 3/21/2018

  • Rep. Messer, Luke [R-IN-6]

    IN • R

    Sponsored 3/21/2018

  • Rep. Gottheimer, Josh [D-NJ-5]

    NJ • D

    Sponsored 3/22/2018

Roll Call Votes

No roll call votes available for this bill.

View on Congress.gov
Back to Legislation