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    <number>5739</number>
    <updateDate>2025-05-27T14:13:29Z</updateDate>
    <updateDateIncludingText>2025-05-27T14:13:29Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <originChamberCode>H</originChamberCode>
    <type>HR</type>
    <introducedDate>2023-09-26</introducedDate>
    <congress>118</congress>
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      <constitutionalAuthorityStatementText>&lt;pre&gt;[Congressional Record Volume 169, Number 156 (Tuesday, September 26, 2023)][House]From the Congressional Record Online through the Government Publishing Office [&lt;a href="https://www.gpo.gov"&gt;www.gpo.gov&lt;/a&gt;]By Ms. WEXTON:H.R. 5739.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8The single subject of this legislation is:To require federal financial regulators to issue guidanceto financial institutions regarding the impacts of governmentshutdowns[Page H4501]&lt;/pre&gt;</constitutionalAuthorityStatementText>
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        <name>Budget Committee</name>
        <chamber>House</chamber>
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            <name>Referred To</name>
            <date>2023-09-26T16:03:25Z</date>
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        <name>Financial Services Committee</name>
        <chamber>House</chamber>
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            <name>Referred To</name>
            <date>2023-09-26T16:03:20Z</date>
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        <actionDate>2023-09-26</actionDate>
        <text>Referred to the Committee on Financial Services, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.</text>
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        <actionDate>2023-09-26</actionDate>
        <text>Referred to the Committee on Financial Services, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.</text>
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        <text>Introduced in House</text>
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    <sponsors>
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        <bioguideId>W000825</bioguideId>
        <fullName>Rep. Wexton, Jennifer [D-VA-10]</fullName>
        <firstName>Jennifer</firstName>
        <lastName>Wexton</lastName>
        <party>D</party>
        <state>VA</state>
        <district>10</district>
        <isByRequest>N</isByRequest>
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        <bioguideId>N000147</bioguideId>
        <fullName>Del. Norton, Eleanor Holmes [D-DC-At Large]</fullName>
        <firstName>ELEANOR</firstName>
        <lastName>NORTON</lastName>
        <party>D</party>
        <state>DC</state>
        <middleName>HOLMES</middleName>
        <district>0</district>
        <sponsorshipDate>2023-09-26</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
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        <bioguideId>T000483</bioguideId>
        <fullName>Rep. Trone, David J. [D-MD-6]</fullName>
        <firstName>David</firstName>
        <lastName>Trone</lastName>
        <party>D</party>
        <state>MD</state>
        <middleName>J.</middleName>
        <district>6</district>
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        <isOriginalCosponsor>True</isOriginalCosponsor>
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      <item>
        <bioguideId>C001078</bioguideId>
        <fullName>Rep. Connolly, Gerald E. [D-VA-11]</fullName>
        <firstName>Gerald</firstName>
        <lastName>Connolly</lastName>
        <party>D</party>
        <state>VA</state>
        <middleName>E.</middleName>
        <district>11</district>
        <sponsorshipDate>2023-09-26</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
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      <item>
        <bioguideId>S001226</bioguideId>
        <fullName>Rep. Salinas, Andrea [D-OR-6]</fullName>
        <firstName>Andrea</firstName>
        <lastName>Salinas</lastName>
        <party>D</party>
        <state>OR</state>
        <district>6</district>
        <sponsorshipDate>2023-09-26</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>M001227</bioguideId>
        <fullName>Rep. McClellan, Jennifer L. [D-VA-4]</fullName>
        <firstName>Jennifer</firstName>
        <lastName>McClellan</lastName>
        <party>D</party>
        <state>VA</state>
        <middleName>L.</middleName>
        <district>4</district>
        <sponsorshipDate>2023-09-26</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>C001059</bioguideId>
        <fullName>Rep. Costa, Jim [D-CA-21]</fullName>
        <firstName>Jim</firstName>
        <lastName>Costa</lastName>
        <party>D</party>
        <state>CA</state>
        <district>21</district>
        <sponsorshipDate>2023-09-26</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>R000606</bioguideId>
        <fullName>Rep. Raskin, Jamie [D-MD-8]</fullName>
        <firstName>Jamie</firstName>
        <lastName>Raskin</lastName>
        <party>D</party>
        <state>MD</state>
        <district>8</district>
        <sponsorshipDate>2023-09-26</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
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        <bioguideId>B001292</bioguideId>
        <fullName>Rep. Beyer, Donald S., Jr. [D-VA-8]</fullName>
        <firstName>Donald</firstName>
        <lastName>Beyer</lastName>
        <party>D</party>
        <state>VA</state>
        <middleName>S.</middleName>
        <district>8</district>
        <sponsorshipDate>2023-09-27</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
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        <bioguideId>C001117</bioguideId>
        <fullName>Rep. Casten, Sean [D-IL-6]</fullName>
        <firstName>Sean</firstName>
        <lastName>Casten</lastName>
        <party>D</party>
        <state>IL</state>
        <district>6</district>
        <sponsorshipDate>2023-09-28</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>G000583</bioguideId>
        <fullName>Rep. Gottheimer, Josh [D-NJ-5]</fullName>
        <firstName>Josh</firstName>
        <lastName>Gottheimer</lastName>
        <party>D</party>
        <state>NJ</state>
        <district>5</district>
        <sponsorshipDate>2023-09-28</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>D000624</bioguideId>
        <fullName>Rep. Dingell, Debbie [D-MI-6]</fullName>
        <firstName>Debbie</firstName>
        <lastName>Dingell</lastName>
        <party>D</party>
        <state>MI</state>
        <district>6</district>
        <sponsorshipDate>2023-09-29</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>K000375</bioguideId>
        <fullName>Rep. Keating, William R. [D-MA-9]</fullName>
        <firstName>William</firstName>
        <lastName>Keating</lastName>
        <party>D</party>
        <state>MA</state>
        <middleName>R.</middleName>
        <district>9</district>
        <sponsorshipDate>2023-11-02</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>S001207</bioguideId>
        <fullName>Rep. Sherrill, Mikie [D-NJ-11]</fullName>
        <firstName>Mikie</firstName>
        <lastName>Sherrill</lastName>
        <party>D</party>
        <state>NJ</state>
        <district>11</district>
        <sponsorshipDate>2023-11-02</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>H001081</bioguideId>
        <fullName>Rep. Hayes, Jahana [D-CT-5]</fullName>
        <firstName>Jahana</firstName>
        <lastName>Hayes</lastName>
        <party>D</party>
        <state>CT</state>
        <district>5</district>
        <sponsorshipDate>2024-02-05</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
    </cosponsors>
    <policyArea>
      <name>Finance and Financial Sector</name>
    </policyArea>
    <subjects>
      <legislativeSubjects/>
      <policyArea>
        <name>Finance and Financial Sector</name>
        <updateDate>2023-10-10T14:00:22Z</updateDate>
      </policyArea>
    </subjects>
    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2023-09-26</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2024-06-28T11:56:33Z</updateDate>
        <cdata>
          <text>&lt;p&gt;&lt;strong&gt;Shutdown Guidance for Financial Institutions Act &lt;/strong&gt;&lt;/p&gt;&lt;p&gt;This bill directs financial regulators—including the Federal Reserve Board, the Consumer Financial Protection Bureau, the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, and the National Credit Union Administration—to issue guidance relating to a government shutdown. Among other things, financial regulators must issue guidance encouraging financial institutions&lt;/p&gt;&lt;ul&gt;&lt;li&gt;to modify loan terms and to extend credit to consumers and businesses affected by a shutdown, and&lt;/li&gt;&lt;li&gt;to take steps to prevent the reporting of adverse credit information related to a shutdown.&lt;/li&gt;&lt;/ul&gt;&lt;p&gt;Financial regulators must also notify the public of this guidance in the event of a government shutdown, and complete a report after a government shutdown regarding the guidance's effectiveness. &amp;nbsp;&lt;/p&gt;</text>
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    </summaries>
    <title>Shutdown Guidance for Financial Institutions Act</title>
    <titles>
      <item>
        <titleType>Display Title</titleType>
        <titleTypeCode>45</titleTypeCode>
        <title>Shutdown Guidance for Financial Institutions Act</title>
        <updateDate>2024-07-24T15:20:17Z</updateDate>
      </item>
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        <titleType>Short Title(s) as Introduced</titleType>
        <titleTypeCode>101</titleTypeCode>
        <title>Shutdown Guidance for Financial Institutions Act</title>
        <updateDate>2024-05-24T13:36:09Z</updateDate>
        <billTextVersionName>Introduced in House</billTextVersionName>
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      <item>
        <titleType>Official Title as Introduced</titleType>
        <titleTypeCode>6</titleTypeCode>
        <title>To require the Federal financial regulators to issue guidance encouraging financial institutions to work with consumers and businesses affected by a Federal Government shutdown, and for other purposes.</title>
        <updateDate>2024-03-18T21:27:54Z</updateDate>
        <billTextVersionName>Introduced in House</billTextVersionName>
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    <textVersions>
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        <type>Introduced in House</type>
        <date>2023-09-26T04:00:00Z</date>
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          <item>
            <url>https://www.govinfo.gov/content/pkg/BILLS-118hr5739ih/xml/BILLS-118hr5739ih.xml</url>
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      </item>
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    <latestAction>
      <actionDate>2023-09-26</actionDate>
      <text>Referred to the Committee on Financial Services, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.</text>
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    <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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