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- H.R.1723
H.R.1723: Common Sense Economic Recovery Act of 2011
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about finance and financial sector
- Introduced May 4, 2011
- Latest Major Action Nov. 17, 2011
Bill Sponsor
Bill Cosponsors
53 (3 Democrats, 50 Republicans)
Bill Summary
Common Sense Economic Recovery Act of 2011 - Cites circumstances under which, for purposes of determining capital requirements or measuring an insured depository institution's capital, such an institution may treat a non-accrual loan as an accrual loan. (Non-accrual [also known as non-performing or doubtful] loans are those on which interest is overdue and full collection of principal is uncertain, and so interest, if it has not been paid in...
(Source: Library of Congress)
Bill Actions
| Date | Description |
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Referred to the House Committee on Financial Services.
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Referred to the Subcommittee on Financial Institutions and Consumer Credit.
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Subcommittee Hearings Held.
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Subcommittee Consideration and Mark-up Session Held.
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| May 4, 2011 |
Introduced in the House by Bill Posey (R-Fla.) |