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- H.R.1624
H.R.1624: Municipal Finance Support Act of 2017
About This Bill
- Introduced March 20, 2017
- Latest Major Action Oct. 4, 2017
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
19 (12 Democrats, 7 Republicans)
Bill Versions
- Referred in Senate - Oct. 4, 2017
- Engrossed in House - Oct. 3, 2017
- Reported in House - Sept. 12, 2017
- Introduced in House - March 20, 2017
Bill Summary
Municipal Finance Support Act of 2017 (Sec. 2) This bill amends the Federal Deposit Insurance Act to require certain municipal obligations to be treated as high-quality liquid assets if they are investment grade, liquid, and readily marketable. Under current law, high-quality assets include level 1, level 2A, and level 2B liquid assets.
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Congressional Budget Office Estimate
Bill Actions
| Date | Description |
|---|---|
| Oct. 4, 2017 |
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
|
| Oct. 3, 2017 |
The title of the measure was amended. Agreed to without objection.
|
| Oct. 3, 2017 |
Motion to reconsider laid on the table Agreed to without objection.
|
| Oct. 3, 2017 |
Voice Vote in the HouseOn motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H7704-7705) |
| Oct. 3, 2017 |
DEBATE - The House proceeded with forty minutes of debate on H.R. 1624.
|
| Oct. 3, 2017 |
Considered under suspension of the rules. (consideration: CR H7704-7706)
|
| Oct. 3, 2017 |
Mr. Huizenga moved to suspend the rules and pass the bill, as amended.
|
| Sept. 12, 2017 |
Placed on the Union Calendar, Calendar No. 219.
|
| Sept. 12, 2017 |
Reported (Amended) by the Committee on Financial Services. H. Rept. 115-306.
|
| July 25, 2017 |
Ordered to be Reported (Amended) by the Yeas and Nays: 60 - 0.
|
| July 25, 2017 |
Committee Consideration and Mark-up Session Held.
|
| March 20, 2017 |
Referred to the House Committee on Financial Services.
|
| March 20, 2017 |
Introduced in the House by Luke Messer (R-Ind.) |