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United States · Bill · HR

H.R. 3179 (115th)

Transparency and Accountability for Business Standards Act

openUnited States· United States Congress· EN

Introduced

11 July 2017

Last action

Status

Placed on the Union Calendar, Calendar No. 473.

Sponsors

Subjects

Discovery layer

Source updated

7 April 2025

Summary

Transparency and Accountability for Business Standards Act This bill requires a federal banking agency to publish for notice and comment: (1) the agency's rationale for, and cost-benefit analysis regarding, the adoption of any prudential regulation that is substantively more stringent than a corresponding international prudential standard; and (2) a proposal for, or the agency's rationale for not proposing, the repeal or amendment of any prudential regulation that is effectively superseded by the implementation of an international prudential standard. A federal banking agency must issue a report regarding any such final rule issued before the bill's enactment and on or after January 1, 2007.

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6 official files

Reported in House (text)

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