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  <version>3.0.0</version>
  <bill>
    <number>2839</number>
    <updateDate>2022-11-01T05:02:33Z</updateDate>
    <updateDateIncludingText>2022-11-01T05:02:33Z</updateDateIncludingText>
    <originChamber>Senate</originChamber>
    <type>S</type>
    <introducedDate>2019-11-12</introducedDate>
    <congress>116</congress>
    <committees>
      <item>
        <systemCode>ssbk00</systemCode>
        <name>Banking, Housing, and Urban Affairs Committee</name>
        <chamber>Senate</chamber>
        <type>Standing</type>
        <activities>
          <item>
            <name>Hearings by</name>
            <date>2019-12-05T15:00:36Z</date>
          </item>
          <item>
            <name>Referred to</name>
            <date>2019-11-12T23:25:57Z</date>
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        <actionDate>2019-12-05</actionDate>
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            <name>Banking, Housing, and Urban Affairs Committee</name>
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          <name>Senate</name>
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        <text>Committee on Banking, Housing, and Urban Affairs. Hearings held.</text>
        <type>Committee</type>
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      <item>
        <actionDate>2019-11-12</actionDate>
        <committees>
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            <systemCode>ssbk00</systemCode>
            <name>Banking, Housing, and Urban Affairs Committee</name>
          </item>
        </committees>
        <sourceSystem>
          <name>Senate</name>
        </sourceSystem>
        <text>Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.</text>
        <type>IntroReferral</type>
      </item>
      <item>
        <actionDate>2019-11-12</actionDate>
        <text>Introduced in Senate</text>
        <type>IntroReferral</type>
        <actionCode>10000</actionCode>
        <sourceSystem>
          <code>9</code>
          <name>Library of Congress</name>
        </sourceSystem>
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    <sponsors>
      <item>
        <bioguideId>K000393</bioguideId>
        <fullName>Sen. Kennedy, John [R-LA]</fullName>
        <firstName>John</firstName>
        <lastName>Kennedy</lastName>
        <party>R</party>
        <state>LA</state>
        <middleName>Neely</middleName>
        <isByRequest>N</isByRequest>
      </item>
    </sponsors>
    <policyArea>
      <name>Finance and Financial Sector</name>
    </policyArea>
    <subjects>
      <legislativeSubjects>
        <item>
          <name>Administrative law and regulatory procedures</name>
        </item>
        <item>
          <name>Bank accounts, deposits, capital</name>
        </item>
        <item>
          <name>Banking and financial institutions regulation</name>
        </item>
        <item>
          <name>Business records</name>
        </item>
        <item>
          <name>Corporate finance and management</name>
        </item>
        <item>
          <name>Credit and credit markets</name>
        </item>
        <item>
          <name>Federal Reserve System</name>
        </item>
        <item>
          <name>Licensing and registrations</name>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>Finance and Financial Sector</name>
      </policyArea>
    </subjects>
    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2019-11-12</actionDate>
        <actionDesc>Introduced in Senate</actionDesc>
        <updateDate>2020-05-22T15:23:39Z</updateDate>
        <text><![CDATA[ <p><b>Eliminating Corporate Shadow Banking Act of 2019</b></p> <p>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.)</p>]]></text>
      </summary>
    </summaries>
    <title>Eliminating Corporate Shadow Banking Act of 2019</title>
    <titles>
      <item>
        <titleType>Display Title</titleType>
        <title>Eliminating Corporate Shadow Banking Act of 2019</title>
      </item>
      <item>
        <titleType>Short Title(s) as Introduced</titleType>
        <title>Eliminating Corporate Shadow Banking Act of 2019</title>
        <billTextVersionName>Introduced in Senate</billTextVersionName>
        <billTextVersionCode>IS</billTextVersionCode>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>A bill to amend the Bank Holding Company Act of 1956 to regulate industrial bank holding companies, and for other purposes.</title>
        <billTextVersionName>Introduced in Senate</billTextVersionName>
        <billTextVersionCode>IS</billTextVersionCode>
      </item>
    </titles>
    <textVersions>
      <item>
        <type>Introduced in Senate</type>
        <date>2019-11-12T05:00:00Z</date>
        <formats>
          <item>
            <url>https://www.govinfo.gov/content/pkg/BILLS-116s2839is/xml/BILLS-116s2839is.xml</url>
          </item>
        </formats>
      </item>
    </textVersions>
    <latestAction>
      <actionDate>2019-12-05</actionDate>
      <text>Committee on Banking, Housing, and Urban Affairs. Hearings held.</text>
    </latestAction>
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    <dc:language>EN</dc:language>
    <dc:rights>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.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>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.</dc:description>
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