US Congress House Bill 3240 (Prior Session Legislation)

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Spectrum: Bipartisan Bill
Status: Engrossed on December 3 2014 - 50% progression, died in committee
Action: 2014-12-03 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Engrossed) [PDF]

Regulation D Study Act - Directs the Comptroller General (GAO) to study the impact upon depository institutions, consumers, and monetary policy of the requirement that depository institutions maintain reserves in accordance with the Federal Reserve Act and Regulation D (Reserve Requirements of Depository Institutions). Requires such study to include: (1) a historic review of how the Board of Governors of the Federal Reserve System has used reserve requirements to conduct U.S. monetary policy, (2) the impact of the maintenance of reserves upon depository institutions, (3) the impact upon consumers in managing their accounts, and (4) alternatives available to the Board to maintain reserves to effect monetary policy.

Regulation D Study Act

Rep. Robert Pittenger [R-NC]	Rep. Mark Amodei [R-NV]	Rep. Paul Cook [R-CA]	Rep. Jim Costa [D-CA]
Sen. Tom Cotton [R-AR]	Rep. Jeff Denham [R-CA]	Rep. Michael Fitzpatrick [R-PA]	Rep. Bill Foster [D-IL]
Rep. Joseph Heck [R-NV]	Rep. Michael Honda [D-CA]	Rep. Jared Huffman [D-CA]	Rep. David Joyce [R-OH]
Rep. Derek Kilmer [D-WA]	Rep. Peter King [R-NY]	Rep. Robert Latta [R-OH]	Rep. David Loebsack [D-IA]
Rep. Alan Lowenthal [D-CA]	Rep. Frank Lucas [R-OK]	Rep. Blaine Luetkemeyer [R-MO]	Rep. Carolyn Maloney [D-NY]
Rep. Michael Michaud [D-ME]	Rep. Patrick Murphy [D-FL]	Rep. Gloria Negrete McLeod [D-CA]	Rep. Eleanor Norton [D-DC]
Sen. Gary Peters [D-MI]	Rep. Dennis Ross [R-FL]	Rep. Keith Rothfus [R-PA]	Rep. Raul Ruiz [D-CA]
Rep. David Scott [D-GA]	Rep. Steve Stivers [R-OH]	Rep. Eric Swalwell [D-CA]	Rep. Mark Takano [D-CA]
Rep. Juan Vargas [D-CA]	Rep. Marc Veasey [D-TX]	Rep. Lynn Westmoreland [R-GA]

2014-12-02 - House - On Motion to Suspend the Rules and Pass (Y: 422 N: 0 NV: 12 Abs: 0) [PASS]

Date	Chamber	Action
2014-12-03	Senate	Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
2014-12-02	House	Motion to reconsider laid on the table Agreed to without objection.
2014-12-02	House	On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 422 - 0 (Roll no. 538). (text: CR H8244-8245)
2014-12-02	House	Considered as unfinished business. (consideration: CR H8260-8261)
2014-12-02	House	At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
2014-12-02	House	DEBATE - The House proceeded with forty minutes of debate on H.R. 3240.
2014-12-02	House	Considered under suspension of the rules. (consideration: CR H8244-8246)
2014-12-02	House	Mr. Luetkemeyer moved to suspend the rules and pass the bill.
2014-12-02	House	Placed on the Union Calendar, Calendar No. 480.
2014-12-02	House	Reported by the Committee on Financial Services. H. Rept. 113-640.
2014-07-29	House	Ordered to be Reported by Voice Vote.
2014-07-29	House	Committee Consideration and Mark-up Session Held.
2014-07-15	House	Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Referral.
2013-10-03	House	Referred to the House Committee on Financial Services.

Type	Source
Summary	https://www.congress.gov/bill/113th-congress/house-bill/3240/all-info
Text	https://www.congress.gov/113/bills/hr3240/BILLS-113hr3240ih.pdf
Text	https://www.congress.gov/113/bills/hr3240/BILLS-113hr3240rh.pdf
Text	https://www.congress.gov/113/bills/hr3240/BILLS-113hr3240eh.pdf
Roll Call	https://clerk.house.gov/Votes/2014538