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- H.R.3182
H.R.3182: CECL Consumer Impact and Study Bill of 2019
About This Bill
- Introduced June 10, 2019
- Latest Major Action June 28, 2019
Bill Sponsor
Bill Cosponsors
68 (16 Democrats, 52 Republicans)
Bill Version
- Introduced in House - June 10, 2019
Bill Summary
CECL Consumer Impact and Study Bill of 2019 This bill directs the Securities and Exchange Commission and federal financial regulators to report on the implementation of the Current Expected Credit Losses (CECL) accounting standard and its impact on credit availability, capital requirements, financial institutions, and nonfinancial institutions. Required compliance with the CECL standard is delayed until one year after submission of this report.
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
| June 28, 2019 |
Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
|
| June 10, 2019 |
Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, 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.
|
| June 10, 2019 |
Introduced in the House by Vicente Gonzalez (D-Texas) |