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Bill115th CongressFiled Jul 11, 2017Finance and Financial Sector
H.R. 3179

Transparency and Accountability for Business Standards Act

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Under committee review

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What it doesSummary reported to house without amendment (Apr 5, 2018)

Transparency and Accountability for Business Standards Act

This bill requires a federal banking agency to publish for notice and comment: (1) the agency's rationale for, and cost-benefit analysis regarding, the adoption of any prudential regulation that is substantively more stringent than a corresponding international prudential standard; and (2) a proposal for, or the agency's rationale for not proposing, the repeal or amendment of any prudential regulation that is effectively superseded by the implementation of an international prudential standard.

A federal banking agency must issue a report regarding any such final rule issued before the bill's enactment and on or after January 1, 2007.

What just happenedApr 5, 2018

Placed on the Union Calendar, Calendar No. 473.

Who’s behind it

Rep. Hollingsworth, Trey [R-IN-9](R-IN)Sponsor
15 cosponsors15 R
Read on Congress.gov
15cosponsors1committees9actions7subjects
  1. Apr 5, 2018CalendarsH12410

    Placed on the Union Calendar, Calendar No. 473.

  2. Apr 5, 2018CommitteeH12200

    Reported by the Committee on Financial Services. H. Rept. 115-620.

    Financial Services Committee
  3. Apr 5, 2018Committee5000

    Reported by the Committee on Financial Services. H. Rept. 115-620.

    Financial Services Committee
  4. Dec 13, 2017Committee

    Ordered to be Reported by the Yeas and Nays: 34 - 26.

    Financial Services Committee
  5. Dec 13, 2017Committee

    Committee Consideration and Mark-up Session Held.

    Financial Services Committee
  6. Dec 12, 2017Committee

    Committee Consideration and Mark-up Session Held.

    Financial Services Committee
  7. Jul 11, 2017IntroReferralH11100

    Referred to the House Committee on Financial Services.

    Financial Services Committee
  8. Jul 11, 2017IntroReferralIntro-H

    Introduced in House

  9. Jul 11, 2017IntroReferral1000

    Introduced in House

Reported to House without amendmentApr 5, 201879

Transparency and Accountability for Business Standards Act

This bill requires a federal banking agency to publish for notice and comment: (1) the agency's rationale for, and cost-benefit analysis regarding, the adoption of any prudential regulation that is substantively more stringent than a corresponding international prudential standard; and (2) a proposal for, or the agency's rationale for not proposing, the repeal or amendment of any prudential regulation that is effectively superseded by the implementation of an international prudential standard.

A federal banking agency must issue a report regarding any such final rule issued before the bill's enactment and on or after January 1, 2007.

Introduced in HouseJul 11, 2017

Transparency and Accountability for Business Standards Act

This bill requires a federal banking agency to publish for notice and comment: (1) the agency's rationale for, and cost-benefit analysis regarding, the adoption of any prudential regulation that is substantively more stringent than a corresponding international prudential standard; and (2) a proposal for, or the agency's rationale for not proposing, the repeal or amendment of any prudential regulation that is effectively superseded by the implementation of an international prudential standard.

A federal banking agency must issue a report regarding any such final rule issued before the bill's enactment and on or after January 1, 2007.

Transparency and Accountability for Business Standards Act — Informed