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United States · Bill · S

S. 1564 (116th)

Continued Encouragement for Consumer Lending Act

referredUnited States· United States Congress· EN

Introduced

21 May 2019

Last action

21 May 2019 · Introduced

Status

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Sponsors

Sen. Tillis, Thomas [R-NC], Sen. Moran, Jerry [R-KS], Sen. Cramer, Kevin [R-ND], Sen. Cotton, Tom [R-AR], Sen. Perdue, David [R-GA], Sen. Rounds, Mike [R-SD], Sen. Boozman, John [R-AR], Sen. Ernst, Joni [R-IA], Sen. Cruz, Ted [R-TX], Sen. Kennedy, John [R-LA], Sen. Roberts, Pat [R-KS], Sen. Toomey, Patrick [R-PA], Sen. Hyde-Smith, Cindy [R-MS], Sen. Thune, John [R-SD], Sen. Lankford, James [R-OK], Sen. Inhofe, James M. [R-OK], Sen. Cassidy, Bill [R-LA], Sen. Blunt, Roy [R-MO], Sen. Fischer, Deb [R-NE], Sen. Cornyn, John [R-TX], Sen. Daines, Steve [R-MT]

Subjects

Discovery layer

Source updated

6 December 2025

Summary

Continued Encouragement for Consumer Lending Act 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, and financial institutions. Required compliance with the CECL standard is delayed until one year after submission of this report.

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

Timeline

  1. 21 May 2019

    Introduced

    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    Source: IntroReferral

  2. 21 May 2019

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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Leesvertaling

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 21 May 2019

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 21 May 2019

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 21 May 2019

    Open at official source

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Sponsors

Related records

Sources

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