An amendment to prohibit the use of funds to designate any nonbank financial company as "too big to fail" or as a "systemically important financial institution" or to make a determination that material financial distress at a nonbank financial company could pose a threat to U.S. financial stability.

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Amendment Number
1096
Description
An amendment to prohibit the use of funds to designate any nonbank financial company as "too big to fail" or as a "systemically important financial institution" or to make a determination that material financial distress at a nonbank financial company could pose a threat to U.S. financial stability.
Purpose
Amendment to prohibit the use of funds to designate any nonbank financial company as "too big to fail" or as a "systemically important financial institution" or to make a determination that material financial distress at a nonbank financial company could pose a threat to U.S. financial stability.
Congress
113
Type
HAMDT
Latest Action Date
Jul 16, 2014
Latest Action Text
On agreeing to the Garrett amendment (A044) Agreed to by voice vote.
Latest Action Time
12:55:31
Submitted Date
Jul 16, 2014
Chamber
House of Representatives
Update Date
Jul 6, 2021
Amendment 1096 — Informed