CECL Consumer Impact and Study Bill of 2019
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Jun 10, 2019)
CECL Consumer Impact and Study Bill of 2019
This bill directs the Securities and Exchange Commission and federal financial regulators to report on the implementation of the Current Expected Credit Losses (CECL) accounting standard and its impact on credit availability, capital requirements, financial institutions, and nonfinancial institutions. Required compliance with the CECL standard is delayed until one year after submission of this report.
What just happenedJun 28, 2019
Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
Who’s behind it
- Introduced in HouseJun 10, 2019
- Jun 28, 2019Committee
Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
Commodity Markets, Digital Assets, and Rural Development Subcommittee - Jun 10, 2019IntroReferralH11100
Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Agriculture Committee - Jun 10, 2019IntroReferralH11100
Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Financial Services Committee - Jun 10, 2019IntroReferralIntro-H
Introduced in House
- Jun 10, 2019IntroReferral1000
Introduced in House