TAILOR Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Feb 3, 2021)
Taking Account of Institutions with Low Operation Risk Act or the TAILOR Act
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.
What just happenedFeb 3, 2021
Referred to the House Committee on Financial Services.
Who’s behind it
- Introduced in HouseFeb 3, 2021
- Feb 3, 2021IntroReferralH11100
Referred to the House Committee on Financial Services.
Financial Services Committee - Feb 3, 2021IntroReferralIntro-H
Introduced in House
- Feb 3, 2021IntroReferral1000
Introduced in House