Bill115th CongressFiled Sep 26, 2017Finance and Financial Sector
H.R. 3838
Trust Preferred Securities Act of 2017
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in house (Sep 26, 2017)
Trust Preferred Securities Act of 2017
This bill requires federal banking agencies to treat as qualifying capital instruments certain investments in the capital of unconsolidated financial institutions. Specifically, the bill applies to investments in trust-preferred securities held prior to July 21, 2010, by a depository institution or holding company.
What just happenedSep 26, 2017
Referred to the House Committee on Financial Services.
Who’s behind it
Rep. Duffy, Sean P. [R-WI-7](R-WI)Sponsor
4 cosponsors1 D3 R
4cosponsors1committees3actions1related bills8subjects
- Introduced in HouseSep 26, 2017
- Sep 26, 2017IntroReferralH11100
Referred to the House Committee on Financial Services.
Financial Services Committee - Sep 26, 2017IntroReferralIntro-H
Introduced in House
- Sep 26, 2017IntroReferral1000
Introduced in House