S.3709: A bill to require a Government Accountability Office examination of transactions between large financial institutions and the Federal Government, and for other purposes.

About This Bill

  • This bill was introduced in the 112th Congress
  • This bill is primarily about finance and financial sector
  • Introduced Dec. 21, 2012
  • Latest Major Action Dec. 27, 2012

Bill Sponsor

Bill Cosponsor

Bill Summary

(Sec. 1) Directs the Comptroller General to study any bank holding company having more than $500 billion in consolidated assets (covered institution) with respect to: favorable pricing of its debt relative to its risk profile resulting from the perception it will receive federal support in the event of any financial stress; any favorable funding or economic treatment resulting from an increase in its credit rating as a result of express,...

(Source: Library of Congress)

Bill Actions

Date Description
Introduced in the Senate, read twice.
Measure laid before Senate by unanimous consent.
Passed Senate with an amendment by Unanimous Consent.
Message on Senate action sent to the House.
Received in the House.
Referred to the House Committee on Financial Services.
Dec. 21, 2012

Introduced in the Senate by David Vitter (R-La.)

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