3.0.0 5004 2023-03-08T20:12:14Z 2023-03-08T20:12:14Z Senate S 2022-09-29 117 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred to 2022-09-29T15:45:01Z Alleviating Stress Test Burdens To Help Investors Act 117 3412 HR 2021-07-07 Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit. Related bill CRS 2022-09-29 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2022-09-29 Introduced in Senate IntroReferral 10000 9 Library of Congress R000605 Sen. Rounds, Mike [R-SD] Mike Rounds R SD N T000464 Sen. Tester, Jon [D-MT] Jon Tester D MT 2022-09-29 True Finance and Financial Sector Finance and Financial Sector 00 2022-09-29 Introduced in Senate 2022-10-18T17:38:00Z Alleviating Stress Test Burdens To Help Investors Act

This bill exempts certain financial companies not primarily regulated by either a federal banking agency or the Federal Housing Finance Agency from requirements to conduct stress tests. These stress tests evaluate the ability of companies to absorb losses as a result of adverse economic conditions.

However, the Securities and Exchange Commission and the Commodity Futures Trading Commission may require exempted financial companies under their regulatory authority to conduct stress tests.

]]> Alleviating Stress Test Burdens to Help Investors Act Display Title Alleviating Stress Test Burdens to Help Investors Act Short Title(s) as Introduced Alleviating Stress Test Burdens to Help Investors Act Introduced in Senate IS Official Title as Introduced A bill to amend the Financial Stability Act of 2010 to provide relief to nonbanks from certain stress test requirements under that Act. Introduced in Senate IS Introduced in Senate 2022-09-29T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-117s5004is/xml/BILLS-117s5004is.xml 2022-09-29 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.