House Bill 3093
115th Congress(2017-2018)
Investor Clarity and Bank Parity Act
Active
Passed House on Dec 11, 2017
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
3093
Congress
115
Policy Area
Finance and Financial Sector
Finance and Financial Sector
Primary focus of measure is U.S. banking and financial institutions regulation; consumer credit; bankruptcy and debt collection; financial services and investments; insurance; securities; real estate transactions; currency. Measures concerning financial crimes may fall under Crime and Law Enforcement. Measures concerning business and corporate finance may fall under Commerce policy area. Measures concerning international banking may fall under Foreign Trade and International Finance policy area.
checkPassed on December 11, 2017
Status
Passed
Type
Voice Vote
Voice Vote
A vote in which the presiding officer states the question, then asks those in favor and against to say "Yea" or "Nay," respectively, and announces the result according to his or her judgment. The names or numbers of senators voting on each side are not recorded.
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote.(text: CR H9773)
Summary
Investor Clarity and Bank Parity Act
This bill amends the Bank Holding Company Act of 1956 to permit a hedge fund or private-equity fund to share the same name, or a variation of the same name, with a banking entity that is an investment adviser to the hedge fund or private-equity fund, if:
- the investment adviser is not, and does not share the same name with, an insured depository institution, a company that controls an insured depository institution, or a company treated as a bank holding company for purposes of specified provisions of law relating to nonbanking activities of foreign banks; and
- the name does not contain the word "bank."
December 12, 2017
December 11, 2017
November 28, 2017
June 28, 2017
12/12/2017
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
12/11/2017
Motion to reconsider laid on the table Agreed to without objection.
12/11/2017
On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H9773)
12/11/2017
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote.(text: CR H9773)
12/11/2017
DEBATE - The House proceeded with forty minutes of debate on H.R. 3093.
12/11/2017
Considered under suspension of the rules. (consideration: CR H9773)
12/11/2017
Mr. Luetkemeyer moved to suspend the rules and pass the bill.
11/28/2017
Placed on the Union Calendar, Calendar No. 316.
11/28/2017
Reported by the Committee on Financial Services. H. Rept. 115-426.
11/14/2017
Ordered to be Reported by Voice Vote.
11/14/2017
Committee Consideration and Mark-up Session Held.
06/28/2017
Referred to the House Committee on Financial Services.
06/28/2017
Introduced in House
Public Record
Record Updated
Jan 11, 2023 1:37:44 PM