US S1139

Bill

US S1139

Main Street Regulatory Fairness Act

Introduced
05/16/2017

In Committee
05/16/2017

Crossed Over

Passed

Dead
12/31/2018

Introduced Session

115th Congress

Bill Summary

Main Street Regulatory Fairness Act This bill amends the Financial Stability Act of 2010 to increase, from $10 billion to $50 billion, the consolidated-assets threshold at which stress-testing requirements apply to certain financial companies. The bill also specifies that stress tests must be conducted periodically (rather than semiannually or annually, depending on the type of financial company, as required under current law).

AI Summary

This bill, titled the Main Street Regulatory Fairness Act, amends the Financial Stability Act of 2010 to increase the consolidated-assets threshold from $10 billion to $50 billion for stress-testing requirements applicable to certain financial companies. The bill also specifies that these stress tests must be conducted periodically, rather than semiannually or annually as required under current law.

Committee Categories

Housing and Urban Affairs

Sponsors (4)

Jon Tester (D)*, Heidi Heitkamp (D), Claire McCaskill (D), Jerry Moran (R),

Last Action

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (on 05/16/2017)

Official Document

https://www.congress.gov/bill/115th-congress/senate-bill/1139/all-info

(2 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://www.congress.gov/bill/115th-congress/senate-bill/1139/all-info
BillText	https://www.congress.gov/115/bills/s1139/BILLS-115s1139is.pdf
Bill	https://www.congress.gov/115/bills/s1139/BILLS-115s1139is.pdf.pdf

Bill	Bill Name	Last Action	Type
HRes905	Providing for consideration of the bill (H.B. 5515) to authorize appropriations for fiscal year 2019 for military activities of the Department of Defense and for military construction, to prescribe military personnel strengths for such fiscal year, and for other purposes; providing for consideration of the bill (S. 204) to authorize the use of unapproved medical products by patients diagnosed with a terminal illness in accordance with State law, and for other purposes; and providing for consider	Motion to reconsider laid on the table Agreed to without objection.	Similar To
S2155	Economic Growth, Regulatory Relief, and Consumer Protection Act	Became Public Law No: 115-174.	Related

Bill > S1139

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (4)

Last Action

Official Document

bill text

bill summary

bill summary

bill summary