3.0.0 362 2025-01-14T18:20:21Z 2025-01-14T18:20:21Z Senate S S 2023-02-09 118 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred To 2023-02-09T20:13:21Z 2023-02-09 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2023-02-09 Introduced in Senate IntroReferral 10000 9 Library of Congress R000605 Sen. Rounds, Mike [R-SD] Mike Rounds R SD N L000571 Sen. Lummis, Cynthia M. [R-WY] Cynthia Lummis R WY M. 2023-02-09 True T000476 Sen. Tillis, Thomas [R-NC] Thomas Tillis R NC Roland 2023-02-09 True H000601 Sen. Hagerty, Bill [R-TN] Bill Hagerty R TN 2023-02-09 True D000618 Sen. Daines, Steve [R-MT] Steve Daines R MT 2023-02-09 True C001096 Sen. Cramer, Kevin [R-ND] Kevin Cramer R ND 2023-02-14 False Finance and Financial Sector Finance and Financial Sector 2023-03-01T14:01:45Z

00 2023-02-09 Introduced in Senate 2023-05-22T19:07:39Z <p><strong>Taking Account of Institutions with Low Operation Risk Act of 2023 or the TAILOR Act of 2023</strong></p> <p>This bill addresses the supervision of financial institutions. </p> <p>Federal financial regulatory agencies must (1) tailor any regulatory actions so as to limit burdens on the institutions involved,&nbsp;with consideration of the risk profiles and business models of those institutions; and (2) report to Congress on specific actions taken to do so, as well as on other related issues. The bill's&nbsp;tailoring requirement applies to future regulatory actions and to regulations adopted within the last seven years.</p> <p>The bill also reduces certain reporting requirements for community banks eligible for a simplified capital leverage ratio.</p> <p>Finally, federal banking agencies must report on the modernization of bank supervision, including examiner workforce and training and statutory changes necessary to achieve more effective supervision.

Display Title 45 2024-07-24T15:23:50Z Short Title(s) as Introduced 101 2024-05-24T13:42:35Z Introduced in Senate IS Short Title(s) as Introduced 101 2024-05-24T13:42:35Z Introduced in Senate IS Official Title as Introduced 6 2023-02-25T04:43:48Z Introduced in Senate IS Introduced in Senate 2023-02-09T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-118s362is/xml/BILLS-118s362is.xml 2023-02-09 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.