To amend title 11 of the United States Code in order to facilitate the resolution of an insolvent financial institution in bankruptcy.
The bill’s titles are written by its sponsor.
Sponsor and status
Sponsor. Representative for Michigan's 11th congressional district. Republican.
Last Updated: Apr 13, 2016
Length: 31 pages
114th Congress (2015–2017)
This bill was introduced in a previous session of Congress and was passed by the House on April 12, 2016 but was never passed by the Senate.
Although this bill was not enacted, its provisions could have become law by being included in another bill. It is common for legislative text to be introduced concurrently in multiple bills (called companion bills), re-introduced in subsequent sessions of Congress in new bills, or added to larger bills (sometimes called omnibus bills).
4 Cosponsors (3 Republicans, 1 Democrat)
What legislators are saying
“Rep. Marino Releases Legislative Accomplishments for 114th Congress”
— Rep. Tom Marino [R-PA12, 2019-2019] (Co-sponsor) on Oct 5, 2016
“Marino, Goodlatte, Conyers and Trott Praise House Judiciary Committee Approval of FIBA”
— Rep. Tom Marino [R-PA12, 2019-2019] (Co-sponsor) on Feb 11, 2016
“Marino Statement on Financial Institution Bankruptcy Act”
— Rep. Tom Marino [R-PA12, 2019-2019] (Co-sponsor) on Jul 9, 2015
Jul 7, 2015
Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.
Jul 9, 2015
Considered by Antitrust, Commercial, and Administrative Law
A committee held a hearing or business meeting about the bill.
Feb 11, 2016
A committee has voted to issue a report to the full chamber recommending that the bill be considered further. Only about 1 in 4 bills are reported out of committee.
Mar 23, 2016
Reported by House Committee on the Judiciary
A committee issued a report on the bill, which often provides helpful explanatory background on the issue addressed by the bill and the bill's intentions.
Apr 12, 2016
Passed House (Senate next)
The bill was passed in a vote in the House. It goes to the Senate next. The vote was by voice vote so no record of individual votes was made.
H.R. 2947 (114th) was a bill in the United States Congress.
A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.
Bills numbers restart every two years. That means there are other bills with the number H.R. 2947. This is the one from the 114th Congress.
This bill was introduced in the 114th Congress, which met from Jan 6, 2015 to Jan 3, 2017. Legislation not passed by the end of a Congress is cleared from the books.
How to cite this information.
We recommend the following MLA-formatted citation when using the information you see here in academic work:
GovTrack.us. (2022). H.R. 2947 — 114th Congress: Financial Institution Bankruptcy Act of 2016. Retrieved from https://www.govtrack.us/congress/bills/114/hr2947
“H.R. 2947 — 114th Congress: Financial Institution Bankruptcy Act of 2016.” www.GovTrack.us. 2015. January 22, 2022 <https://www.govtrack.us/congress/bills/114/hr2947>
Financial Institution Bankruptcy Act of 2016, H.R. 2947, 114th Cong. (2015).
|title=H.R. 2947 (114th)
|accessdate=January 22, 2022
|author=114th Congress (2015)
|date=July 7, 2015
|quote=Financial Institution Bankruptcy Act of 2016
Where is this information from?
GovTrack automatically collects legislative information from a variety of governmental and non-governmental sources. This page is sourced primarily from Congress.gov, the official portal of the United States Congress. Congress.gov is generally updated one day after events occur, and so legislative activity shown here may be one day behind. Data via the congress project.