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S. 1206 (114th): Too Big To Fail, Too Big To Exist Act

About the bill

Sen. Bernie Sanders (I-VT), who won last month’s New Hampshire Democratic primary by the largest margin since John F. Kennedy, has centered his presidential campaign around the theme of economic inequality and decrying the actions of Wall Street and “the billionaire class.”

S. 1206 — the Too Big To Fail, Too Big To Exist Act — is one of Sanders’ main bills in this Congress confronting the financial sector. It aims to address a major issue of the 2008 financial crash, when much of the $700 million in taxpayer funds used ...

Sponsor and status

Bernard “Bernie” Sanders

Sponsor. Junior Senator for Vermont. Independent.

Read Text »
Last Updated: May 6, 2015
Length: 4 pages
Introduced:

May 6, 2015
114th Congress, 2015–2017

Status:
Died in a previous Congress

This bill was introduced on May 6, 2015, in a previous session of Congress, but was not enacted.

History

May 6, 2015
 
Introduced

Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.

S. 1206 (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.

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“S. 1206 — 114th Congress: Too Big To Fail, Too Big To Exist Act.” www.GovTrack.us. 2015. November 18, 2017 <https://www.govtrack.us/congress/bills/114/s1206>

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.