Shortly after the Great Recession of 2008, the worst economic hit since the Great Depression, a newly-elected President Obama worked with a Democratic-controlled Congress to craft and pass a financial services reform bill: the Dodd-Frank Wall Street Reform and Protection Act. Dodd-Frank aimed to “reign in” the behavior of the big banks that Democrats believed caused the financial crisis. It ...
Sep 9, 2016
114th Congress, 2015–2017
Died in a previous Congress
This bill was introduced on September 13, 2016, in a previous session of Congress, but was not enacted.
Representative for Texas's 5th congressional district
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Last Updated: Dec 20, 2016
Length: 504 pages
This is the first step in the legislative process.
Ordered Reported by Committee
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.
Reported by House Committee on Financial Services
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.
H.R. 5983 (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.
This bill was introduced in the 114th Congress, which met from Jan 6, 2015 to Jan 3, 2017. Legislation not enacted 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:
Civic Impulse. (2017). H.R. 5983 — 114th Congress: Financial CHOICE Act of 2016. Retrieved from https://www.govtrack.us/congress/bills/114/hr5983
“H.R. 5983 — 114th Congress: Financial CHOICE Act of 2016.” www.GovTrack.us. 2016. January 20, 2017 <https://www.govtrack.us/congress/bills/114/hr5983>
|title=H.R. 5983 (114th)
|accessdate=January 20, 2017
|author=114th Congress (2016)
|date=September 9, 2016
|quote=Financial CHOICE 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.