Ask AI
H.R. 741

TAILOR Act of 2019

Taking Account of Institutions with Low Operation Risk Act of 2019 or the TAILOR Act of 2019

This bill requires federal financial regulatory agencies to (1) tailor any regulatory actions so as to limit burdens on the institutions involved, with consideration of the risk profiles and business models of those institutions; and (2) report to Congress on specific actions taken to do so, as well as on other related issues. The bill's tailoring requirement applies not only to future regulatory actions but also to regulations adopted within the last seven years.

Referred to the House Committee on Financial Services.

Rep. Tipton, Scott R. [R-CO-3](R-CO)Sponsor
32 cosponsors32 R
32cosponsors1committees3actions8subjects
  1. IntroReferralH11100

    Referred to the House Committee on Financial Services.

    Financial Services Committee
  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

TAILOR Act of 2019 — Informed