United States · Bill · S
S. 2839 (116th)
Eliminating Corporate Shadow Banking Act of 2019
Introduced
12 November 2019
Last action
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Status
Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 116-271.
Sponsors
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Subjects
Discovery layer
Source updated
2 April 2025
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.)
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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate · EN · 12 November 2019
Introduced in Senate (PDF)
Introduced in Senate · EN · 12 November 2019
Introduced in Senate
summary · EN · 12 November 2019
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/116th-congress/senate-bill/2839
- Open data entity: https://api.congress.gov/v3/bill/116/s/2839