H.R.2209: To require the appropriate Federal banking agencies to treat certain municipal obligations as level 2A liquid assets, and for other purposes.

About This Bill

Bill Sponsor

Bill Summary

(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.) (Sec. 1) This bill amends the Federal Deposit Insurance Act with respect to the treatment of certain municipal obligations to direct the federal banking agencies to treat as a high-quality level 2A liquid asset any municipal obligation that is liquid, readily marketable, and investment grade as of the calculation...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There are 7 statements associated with H.R.2209.

Congressional Budget Office Estimate

The Congressional Budget Office has produced a cost estimate for H.R.2209.

Bill Actions

Date Description
Feb. 11, 2016
Committee on Banking, Housing, and Urban Affairs. Hearings held.
Feb. 2, 2016
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Feb. 1, 2016
Motion to reconsider laid on the table Agreed to without objection.
Feb. 1, 2016

On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H384)

Feb. 1, 2016
DEBATE - The House proceeded with forty minutes of debate on H.R. 2209.
Feb. 1, 2016
Considered under suspension of the rules. (consideration: CR H384-387)
Feb. 1, 2016
Mr. Garrett moved to suspend the rules and pass the bill.
Feb. 1, 2016
Placed on the Union Calendar, Calendar No. 310.
Feb. 1, 2016
Reported by the Committee on Financial Services. H. Rept. 114-407.
Nov. 4, 2015
Ordered to be Reported by the Yeas and Nays: 56 - 1.
Nov. 4, 2015
Committee Consideration and Mark-up Session Held.
Nov. 3, 2015
Committee Consideration and Mark-up Session Held.
Oct. 21, 2015
Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Referral.
May 1, 2015
Referred to the House Committee on Financial Services.
May 1, 2015

Introduced in the House by Luke Messer (R-Ind.)

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