Legislators
Bills
Statements
Lobbying
Travel
Searching...- Bills
- S.2839
S.2839: Eliminating Corporate Shadow Banking Act of 2019
About This Bill
- Introduced Nov. 12, 2019
- Latest Major Action Dec. 5, 2019
Bill Sponsor
Bill Version
- Introduced in Senate - Nov. 12, 2019
Bill Summary
Eliminating Corporate Shadow Banking Act of 2019 This bill provides for the regulation of industrial loan companies by the Federal Reserve. Industrial loan companies must comply with specified reporting, examination, and ownership requirements. (Industrial loan companies may generally provide services similar to depository institutions, but their parent holding company may be a nonfinancial, commercial firm.)
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| Dec. 5, 2019 |
Committee on Banking, Housing, and Urban Affairs. Hearings held.
|
| Nov. 12, 2019 |
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
|
| Nov. 12, 2019 |
Introduced in the Senate by John Kennedy (R-La.) |