H.R. 888: Subsidy Reserve Act of 2015

To amend the Dodd-Frank Wall Street Reform and Consumer Protection Act to require certain systemically important entities to account for the financial benefit they receive as a result of the expectations on the part of shareholders, creditors, and counterparties of such entities that the Government will shield them from losses in the event of failure, and for other purposes.

The bill’s titles are written by its sponsor.

What you can do

Overview

Introduced:

Feb 11, 2015

Status:

Referred to Committee on Feb 11, 2015

This bill was assigned to a congressional committee on February 11, 2015, which will consider it before possibly sending it on to the House or Senate as a whole.

Sponsor:

Michael Capuano

Representative for Massachusetts's 7th congressional district

Democrat

Text:

Read Text »
Last Updated: Feb 11, 2015
Length: 4 pages

Prognosis:

1% chance of being enacted according to PredictGov (details)

History

Feb 11, 2015
 
Introduced

This is the first step in the legislative process.

 
Reported by Committee

 
Passed House

 
Passed Senate

 
Signed by the President

H.R. 888 is 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.

How to cite this information.

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“H.R. 888 — 114th Congress: Subsidy Reserve Act of 2015.” www.GovTrack.us. 2015. December 4, 2016 <https://www.govtrack.us/congress/bills/114/hr888>

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.