United States · Bill · S
S. 1564 (116th)
Continued Encouragement for Consumer Lending Act
Introduced
21 May 2019
Last action
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Status
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sponsors
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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.
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Votes
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Versions
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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate · EN · 21 May 2019
Introduced in Senate (PDF)
Introduced in Senate · EN · 21 May 2019
Introduced in Senate
summary · EN · 21 May 2019
Sponsors
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Related records
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/116th-congress/senate-bill/1564
- Open data entity: https://api.congress.gov/v3/bill/116/s/1564