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H.R. 3179: Transparency and Accountability for Business Standards Act

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To require the appropriate Federal banking agencies, when issuing certain prudential regulations that are substantively more stringent than a corresponding international prudential standard to publish the rationale for doing so and a cost-benefit analysis of the difference, and for other purposes.

The bill’s titles are written by its sponsor.

Sponsor and status

Trey Hollingsworth

Sponsor. Representative for Indiana's 9th congressional district. Republican.

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Last Updated: Apr 5, 2018
Length: 10 pages
Introduced:

Jul 11, 2017

Status:

Ordered Reported on Dec 13, 2017

The committees assigned to this bill sent it to the House or Senate as a whole for consideration on December 13, 2017.

Prognosis:

2% chance of being enacted according to Skopos Labs (details)

What stakeholders are saying

Institute for Spending Reform: SpendingTracker.org estimates H.R. 3179 will add $4 million in new spending through 2027.

History

Jul 11, 2017
 
Introduced

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

Dec 12, 2017
 
Considered by House Committee on Financial Services

A committee held a hearing or business meeting about the bill.

Dec 13, 2017
 
Ordered Reported

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.

Apr 5, 2018
 
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.

If this bill has further action, the following steps may occur next:
 
Passed House

 
Passed Senate

 
Signed by the President

H.R. 3179 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.

We recommend the following MLA-formatted citation when using the information you see here in academic work:

“H.R. 3179 — 115th Congress: Transparency and Accountability for Business Standards Act.” www.GovTrack.us. 2017. November 21, 2018 <https://www.govtrack.us/congress/bills/115/hr3179>

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.