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Bill115th CongressFiled Apr 25, 2017Finance and Financial Sector
H.R. 2121

Pension, Endowment, and Mutual Fund Access to Banking Act

Bill journey · stage 2 of 5

Under committee review

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What it doesSummary reported to house with amendment(s) (Apr 26, 2018)

Pension, Endowment, and Mutual Fund Access to Banking Act

This bill excludes, for purposes of calculating a custodial bank's supplementary leverage ratio, funds of a custodial bank that are deposited with certain central banks. ("Supplementary leverage ratio" is a capital adequacy measure that refers to the ratio of a banking organization's tier-one capital to its leverage exposure.) The amount of such funds shall be limited, as specified by the bill.

What just happenedApr 26, 2018

Placed on the Union Calendar, Calendar No. 504.

Who’s behind it

Rep. Rothfus, Keith J. [R-PA-12](R-PA)Sponsor
38 cosponsors14 D24 R
Read on Congress.gov
38cosponsors1committees9actions6subjects
  1. Apr 26, 2018CalendarsH12410

    Placed on the Union Calendar, Calendar No. 504.

  2. Apr 26, 2018CommitteeH12200

    Reported (Amended) by the Committee on Financial Services. H. Rept. 115-656.

    Financial Services Committee
  3. Apr 26, 2018Committee5000

    Reported (Amended) by the Committee on Financial Services. H. Rept. 115-656.

    Financial Services Committee
  4. Oct 12, 2017Committee

    Ordered to be Reported (Amended) by the Yeas and Nays: 60 - 0.

    Financial Services Committee
  5. Oct 12, 2017Committee

    Committee Consideration and Mark-up Session Held.

    Financial Services Committee
  6. Oct 11, 2017Committee

    Committee Consideration and Mark-up Session Held.

    Financial Services Committee
  7. Apr 25, 2017IntroReferralH11100

    Referred to the House Committee on Financial Services.

    Financial Services Committee
  8. Apr 25, 2017IntroReferralIntro-H

    Introduced in House

  9. Apr 25, 2017IntroReferral1000

    Introduced in House

Reported to House with amendment(s)Apr 26, 201817

Pension, Endowment, and Mutual Fund Access to Banking Act

This bill excludes, for purposes of calculating a custodial bank's supplementary leverage ratio, funds of a custodial bank that are deposited with certain central banks. ("Supplementary leverage ratio" is a capital adequacy measure that refers to the ratio of a banking organization's tier-one capital to its leverage exposure.) The amount of such funds shall be limited, as specified by the bill.

Introduced in HouseApr 25, 2017

Pension, Endowment, and Mutual Fund Access to Banking Act

This bill requires the appropriate federal banking agencies to exclude, for purposes of calculating a custodial bank's supplementary leverage ratio, funds of a custodial bank that are deposited with a central bank. ("Supplementary leverage ratio" is a capital adequacy measure that refers to the ratio of a banking organization's tier-one capital to its leverage exposure.) The amount of such funds: (1) may not exceed the total value of deposits of the custodial bank linked to fiduciary or custodial and safekeeping accounts; and (2) may be otherwise limited, as specified by the bill.

Pension, Endowment, and Mutual Fund Access to Banking Act — Informed