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- H.R.4029
H.R.4029: Common Sense Economic Recovery Act of 2012
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about finance and financial sector
- Introduced Feb. 14, 2012
- Latest Major Action Feb. 23, 2012
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
5 (1 Democrat, 4 Republicans)
Bill Summary
Common Sense Economic Recovery Act of 2012 - 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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| Feb. 14, 2012 |
Introduced in the House by Bill Posey (R-Fla.) |