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United States · Bill · HR

H.R. 2121 (115th)

Pension, Endowment, and Mutual Fund Access to Banking Act

openUnited States· United States Congress· EN

Introduced

25 April 2017

Last action

26 April 2018 · Reported

Status

Placed on the Union Calendar, Calendar No. 504.

Sponsors

Rep. Rothfus, Keith J. [R-PA-12], Rep. Foster, Bill [D-IL-11], Rep. Hultgren, Randy [R-IL-14], Rep. Loudermilk, Barry [R-GA-11], Rep. Capuano, Michael E. [D-MA-8], Rep. Meeks, Gregory W. [D-NY-5], Rep. Barr, Andy [R-KY-6], Sen. Sinema, Kyrsten [I-AZ], Rep. Velázquez, Nydia M. [D-NY-7], Rep. Gottheimer, Josh [D-NJ-5], Rep. Lynch, Stephen F. [D-MA-8], Rep. Zeldin, Lee M. [R-NY-1], Rep. Luetkemeyer, Blaine [R-MO-3], Rep. Ross, Dennis A. [R-FL-15], Rep. Moore, Gwen [D-WI-4], Rep. Himes, James A. [D-CT-4], Rep. Hill, J. French [R-AR-2], Rep. Huizenga, Bill [R-MI-4], Rep. Royce, Edward R. [R-CA-39], Rep. Tipton, Scott R. [R-CO-3], Sen. Budd, Ted [R-NC], Rep. Pittenger, Robert [R-NC-9], Rep. Emmer, Tom [R-MN-6], Rep. Stivers, Steve [R-OH-15], Rep. McGovern, James P. [D-MA-2], Rep. Donovan, Daniel M., Jr. [R-NY-11], Rep. Clark, Katherine M. [D-MA-5], Rep. MacArthur, Thomas [R-NJ-3], Rep. Maloney, Carolyn B. [D-NY-12], Rep. Mooney, Alexander X. [R-WV-2], Rep. Poliquin, Bruce [R-ME-2], Sen. Banks, Jim [R-IN], Rep. Tenney, Claudia [R-NY-24], Rep. Posey, Bill [R-FL-8], Rep. Byrne, Bradley [R-AL-1], Rep. Messer, Luke [R-IN-6], Rep. Moulton, Seth [D-MA-6], Rep. Loebsack, David [D-IA-2], Rep. Wagner, Ann [R-MO-2]

Subjects

Discovery layer

Source updated

7 April 2025

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Summary

Pension, Endowment, and Mutual Fund Access to Banking Act This bill requires the appropriate federal banking agencies to exclude, for purposes of calculating a custodial bank's supplementary leverage ratio, funds of a custodial bank that are deposited with a central bank. ("Supplementary leverage ratio" is a capital adequacy measure that refers to the ratio of a banking organization's tier-one capital to its leverage exposure.) The amount of such funds: (1) may not exceed the total value of deposits of the custodial bank linked to fiduciary or custodial and safekeeping accounts; and (2) may be otherwise limited, as specified by the bill.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 25 April 2017

    Introduced

    Introduced in House

    Source: IntroReferral

  2. 25 April 2017

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 25 April 2017

    Introduced

    Referred to the House Committee on Financial Services.

    Source: IntroReferral

  4. 11 October 2017

    Committee

    Committee Consideration and Mark-up Session Held.

    Source: Committee

  5. 12 October 2017

    Vote

    Ordered to be Reported (Amended) by the Yeas and Nays: 60 - 0.

    Source: Committee

  6. 12 October 2017

    Committee

    Committee Consideration and Mark-up Session Held.

    Source: Committee

  7. 26 April 2018

    Calendars

    Placed on the Union Calendar, Calendar No. 504.

    Source: Calendars

  8. 26 April 2018

    Reported

    Reported (Amended) by the Committee on Financial Services. H. Rept. 115-656.

    Source: Committee

  9. 26 April 2018

    Reported

    Reported (Amended) by the Committee on Financial Services. H. Rept. 115-656.

    Source: Committee

Votes

No vote records are attached yet.

Versions

Documents

6 official files

Reported in House (text)

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  • Reported in House (text)

    Reported in House · EN · 26 April 2018

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  • Reported in House (PDF)

    Reported in House · EN · 26 April 2018

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  • Reported to House with amendment(s)

    summary · EN · 26 April 2018

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  • Introduced in House (text)

    Introduced in House · EN · 25 April 2017

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  • Introduced in House (PDF)

    Introduced in House · EN · 25 April 2017

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  • Introduced in House

    summary · EN · 25 April 2017

    Open at official source

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Sponsors

Related records

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Sources

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