3.0.0 3093 2023-01-11T13:37:44Z 2023-01-11T13:37:44Z House HR 2017-06-28 115 [Congressional Record Volume 163, Number 111 (Wednesday, June 28, 2017)][Pages H5295-H5296]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. CAPUANO:H.R. 3093.Congress has the power to enact this legislation pursuantto the following:[[Page H5296]]Article I, Section 8, Clause 3]]> ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred to 2017-12-12T16:39:29Z hsba00 Financial Services Committee House Standing Reported by 2017-11-28T18:06:34Z Markup by 2017-11-14T22:30:42Z Referred to 2017-06-28T14:00:27Z H. Rept. 115-426 Economic Growth, Regulatory Relief, and Consumer Protection Act 115 2155 S 2018-05-24 Became Public Law No: 115-174. Related bill CRS 2017-12-12 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2017-12-11 17:25:44 Motion to reconsider laid on the table Agreed to without objection. Floor H38310 2 House floor actions 2017-12-11 17:25:42 On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H9773) Floor H37300 2 House floor actions 2017-12-11 17:25:42 Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote.(text: CR H9773) Floor 8000 9 Library of Congress 2017-12-11 17:21:50 DEBATE - The House proceeded with forty minutes of debate on H.R. 3093. Floor H8D000 2 House floor actions 2017-12-11 17:21:48 Considered under suspension of the rules. (consideration: CR H9773) Floor H30000 2 House floor actions 2017-12-11 17:21:36 Mr. Luetkemeyer moved to suspend the rules and pass the bill. Floor H30300 2 House floor actions 2017-11-28 Placed on the Union Calendar, Calendar No. 316. Calendars H12410 2 House floor actions U00316 2017-11-28 Reported by the Committee on Financial Services. H. Rept. 115-426. Committee H12200 2 House floor actions hsba00 Financial Services Committee 2017-11-28 Reported by the Committee on Financial Services. H. Rept. 115-426. Committee 5000 9 Library of Congress hsba00 Financial Services Committee 2017-11-14 hsba00 Financial Services Committee 1 House committee actions Ordered to be Reported by Voice Vote. Committee 2017-11-14 hsba00 Financial Services Committee 1 House committee actions Committee Consideration and Mark-up Session Held. Committee 2017-06-28 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2017-06-28 Introduced in House IntroReferral Intro-H 9 Library of Congress 2017-06-28 Introduced in House IntroReferral 1000 9 Library of Congress C001037 Rep. Capuano, Michael E. [D-MA-7] MICHAEL CAPUANO D MA E. 7 N S001187 Rep. Stivers, Steve [R-OH-15] Steve Stivers R OH 15 2017-06-28 True M001137 Rep. Meeks, Gregory W. [D-NY-5] GREGORY MEEKS D NY W. 5 2017-06-28 True F000454 Rep. Foster, Bill [D-IL-11] Bill Foster D IL 11 2017-06-28 True G000581 Rep. Gonzalez, Vicente [D-TX-15] Vicente Gonzalez D TX 15 2017-06-28 True H001059 Rep. Hultgren, Randy [R-IL-14] Randy Hultgren R IL 14 2017-08-08 False 2017-11-21T22:45:37Z H.R. 3093, Investor Clarity and Bank Parity Act https://www.cbo.gov/publication/53344 As ordered reported by the House Committee on Financial Services on November 14, 2017 Finance and Financial Sector Banking and financial institutions regulation Financial services and investments Securities Finance and Financial Sector 00 2017-06-28 Introduced in House 2018-04-06T22:10:15Z 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."
]]> 79 2017-11-28 Reported to House without amendment 2018-04-09T14:14:07Z 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."
]]> 81 2017-12-11 Passed House without amendment 2018-04-10T15:33:51Z Investor Clarity and Bank Parity Act

(Sec. 2) 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."
]]> Investor Clarity and Bank Parity Act Display Title Investor Clarity and Bank Parity Act Official Title as Introduced To amend the Volcker Rule to permit certain investment advisers to share a similar name with a private equity fund, subject to certain restrictions, and for other purposes. Introduced in House IH Short Titles as Introduced Investor Clarity and Bank Parity Act Short Titles as Reported to House Investor Clarity and Bank Parity Act H House Short Titles as Passed House Investor Clarity and Bank Parity Act H House Referred in Senate 2017-12-12T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115hr3093rfs/xml/BILLS-115hr3093rfs.xml Engrossed in House 2017-12-11T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115hr3093eh/xml/BILLS-115hr3093eh.xml Reported in House 2017-11-28T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115hr3093rh/xml/BILLS-115hr3093rh.xml Introduced in House 2017-06-28T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115hr3093ih/xml/BILLS-115hr3093ih.xml 2017-12-12 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.