To place a 6-month moratorium on the authority of the Financial Stability Oversight Council to make financi...
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HR 4881 — To place a 6-month moratorium on the authority of the Financial Stability Oversight Council to make financial stability determinations.
Last action — Ordered to be Reported by the Yeas and Nays: 32 - 27.
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✓Introduced
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Died in session
This bill died with 113th Congress. It reached “Introduced” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.
Summary
Establishes a six-month moratorium during which the Financial Stability Oversight Council is prohibited from making a determination under the Financial Stability Act of 2010 that a U.S. nonbank financial company shall be supervised by the Board of Governors of the Federal Reserve System and be subject to prudential standards, if the Council determines that material financial distress at the company (or its nature, scope, size, scale, concentration, interconnectedness, or mix of activities) could pose a threat to the financial stability of the United States.
Bill Text
We don't have the full text on file for this bill yet.
Read HR 4881 on the official United States source →Action History
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Ordered to be Reported by the Yeas and Nays: 32 - 27.
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Committee Consideration and Mark-up Session Held.
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Referred to the House Committee on Financial Services.
Sponsors
- Randy Neugebauer · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 546 not signed on
Sponsors (1)
Co-sponsors (0)
None.
Not signed on (546)
546 members have not signed on to this bill.
Show all 546 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- What does HR 4881 do?
- Establishes a six-month moratorium during which the Financial Stability Oversight Council is prohibited from making a determination under the Financial Stability Act of 2010 that a U.S. nonbank financial company shall be supervised by the Board of Governors of the Federal Reserve System and be subject to prudential standards, if the Council determines that material financial distress at the company (or its nature, scope, size, scale, concentration, interconnectedness, or mix of activities) could pose a threat to the financial stability of the United States.
- Who sponsors HR 4881?
- HR 4881 is sponsored by Randy Neugebauer (R).
- What is the current status of HR 4881?
- This bill died with 113th Congress. It reached “Introduced” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
- Where can I track HR 4881?
- Track HR 4881 free on One Click Politics — get push/email alerts when it moves.
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Last checked for changes about 10 hours ago · updated continuously
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