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H.R.4788: Relief for America's Main Street Lenders Act

About this Bill

This bill was introduced in the 113th Congress
This bill is primarily about finance and financial sector
You can read the bill
Sponsor Sean Duffy, R-Wis.
Total Cosponsors 0
Introduced May 30, 2014
Latest Major Action July 7, 2014
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Bill Progress

  • Bill introduced in the House   
  • Bill passed in the House   
  • Bill passed in the Senate   
  • Bill signed into law

Bill Summary

Relief for America's Main Street Lenders Act - Amends the Commodity Exchange Act, the Securities Exchange Act of 1934, the Electronic Fund Transfer Act, and the Dodd-Frank Wall Street Reform and Consumer Protection Act to exclude from the definition of financial entity, solely with respect to an interest rate swap or interest rate security-based swap, financial institutions whose total assets are $50 billion or less.

(Source: Congressional Research Service)

Bill Actions

Date Description
July 7, 2014 Referred to the Subcommittee on General Farm Commodities and Risk Management.
May 30, 2014 Referred to House Agriculture
May 30, 2014 Referred to House Financial Services