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H.R. 3885: Wall Street Banker Accountability for Misconduct Act of 2019

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To amend the Bank Holding Company Act of 1956 to defer part of the compensation of senior employees of large bank holding companies (and their subsidiaries) for 10 years, to use such deferred amounts to pay any civil or criminal fines that may be levied on the bank holding company (or subsidiary), and for other purposes.

The bill’s titles are written by its sponsor.

Sponsor and status

Tulsi Gabbard

Sponsor. Representative for Hawaii's 2nd congressional district. Democrat.

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Last Updated: Jul 23, 2019
Length: 7 pages
Introduced
Jul 23, 2019
Status

Introduced on Jul 23, 2019

This bill is in the first stage of the legislative process. It was introduced into Congress on July 23, 2019. It will typically be considered by committee next before it is possibly sent on to the House or Senate as a whole.

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

History

Jul 23, 2019
 
Introduced

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

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

 
Passed House

 
Passed Senate

 
Signed by the President

H.R. 3885 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. 3885 — 116th Congress: Wall Street Banker Accountability for Misconduct Act of 2019.” www.GovTrack.us. 2019. October 22, 2019 <https://www.govtrack.us/congress/bills/116/hr3885>

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.