H.R.595: Bailout Prevention Act of 2017

About This Bill

Bill Version

Bill Summary

Bailout Prevention Act of 2017 This bill amends the Federal Reserve Act to declare a borrower ineligible to borrow from any emergency lending program or facility unless the Board of Governors of the Federal Reserve System (the Board) and all federal banking regulators with jurisdiction over the borrower certify that, at the time the borrower initially borrows under the program or facility, the borrower is not insolvent. Solvency shall be...

(Source: Library of Congress)

Bill Actions

Date Description
Jan. 20, 2017
Referred to House Oversight and Government Reform
Jan. 20, 2017
Referred to House Rules
Jan. 20, 2017
Referred to House Financial Services
Jan. 20, 2017
Referred to the Committee on Financial Services, and in addition to the Committees on Rules, and Oversight and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Jan. 20, 2017

Introduced in the House by Michael E. Capuano (D-Mass.)

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