S.1840: Taxpayer Protection and Responsible Resolution Act

About This Bill

  • Introduced July 22, 2015
  • Latest Major Action July 29, 2015

Bill Summary

Taxpayer Protection and Responsible Resolution Act This bill amends federal bankruptcy law with respect to a "covered financial corporation" incorporated or organized under any federal or state law (other than a stockbroker, a commodity broker, or a domestic or foreign insurance company or financial institution meeting certain criteria) that is: (1) a bank holding company; or (2) a corporation that exists for the primary purpose of owning,...

(Source: Library of Congress)

Bill Actions

Date Description
July 29, 2015
Committee on Banking, Housing, and Urban Affairs Subcommittee on Financial Institutions and Consumer Protection. Hearings held.
July 22, 2015
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S5460-5464)
July 22, 2015

Introduced in the Senate by John Cornyn (R-Texas)

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