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CECL Consumer Impact and Study Bill of 2019

USA116th CongressHR-3182| House 
| Updated: 6/28/2019
Vicente Gonzalez

Vicente Gonzalez

Democratic Representative

Texas

Cosponsors (68)
David Schweikert (Republican)Adrian Smith (Republican)David Kustoff (Republican)Mo Brooks (Republican)Clay Higgins (Republican)Tom Cole (Republican)Frank D. Lucas (Republican)Roger Marshall (Republican)Markwayne Mullin (Republican)Eric A. "Rick" Crawford (Republican)Chris Pappas (Democratic)Mark Meadows (Republican)Pete Olson (Republican)Mike Johnson (Republican)Don Young (Republican)Joyce Beatty (Democratic)Ben McAdams (Democratic)Steve Stivers (Republican)Steve Womack (Republican)Ed Case (Democratic)Sheila Jackson Lee (Democratic)Lance Gooden (Republican)David Scott (Democratic)J. Luis Correa (Democratic)William R. Timmons (Republican)David Rouzer (Republican)Jennifer Wexton (Democratic)Ann Kirkpatrick (Democratic)J. French Hill (Republican)Greg Gianforte (Republican)Jason Smith (Republican)Barry Loudermilk (Republican)Ralph Lee Abraham (Republican)Ann M. Kuster (Democratic)H. Morgan Griffith (Republican)Bill Flores (Republican)Don Bacon (Republican)Andy Barr (Republican)Jodey C. Arrington (Republican)Harley Rouda (Democratic)Ann Wagner (Republican)Roger Williams (Republican)Denver Riggleman (Republican)Anthony Brindisi (Democratic)Bruce Westerman (Republican)Dan Bishop (Republican)Brad Sherman (Democratic)Blaine Luetkemeyer (Republican)Henry Cuellar (Democratic)Mark Walker (Republican)Anthony Gonzalez (Republican)Garret Graves (Republican)Debbie Lesko (Republican)Steve Watkins (Republican)John W. Rose (Republican)Vicky Hartzler (Republican)Dan Crenshaw (Republican)Brian K. Fitzpatrick (Republican)Kevin Hern (Republican)Bill Posey (Republican)Kendra S. Horn (Democratic)Greg Pence (Republican)Virginia Foxx (Republican)Josh Gottheimer (Democratic)Harold Rogers (Republican)Jack Bergman (Republican)Ted Budd (Republican)Bryan Steil (Republican)

Commodity Markets, Digital Assets, and Rural Development Subcommittee, Agriculture Committee, Financial Services Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
CECL Consumer Impact and Study Bill of 2019 This bill directs the Securities and Exchange Commission and federal financial regulators to report on the implementation of the Current Expected Credit Losses (CECL) accounting standard and its impact on credit availability, capital requirements, financial institutions, and nonfinancial institutions. Required compliance with the CECL standard is delayed until one year after submission of this report.
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Timeline
Jun 10, 2019
Introduced in House
Jun 10, 2019
Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, 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.
Jun 28, 2019
Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
  • June 10, 2019
    Introduced in House
  • June 10, 2019
    Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, 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.
  • June 28, 2019
    Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.

Finance and Financial Sector

Related Bills

  • S 116-1564: Continued Encouragement for Consumer Lending Act
  • HR 116-6396: Responsible Relief for Americans Act
Accounting and auditingAdministrative law and regulatory proceduresBank accounts, deposits, capitalBanking and financial institutions regulationBusiness investment and capitalCompetition and antitrustCompetitiveness, trade promotion, trade deficitsCongressional oversightConsumer creditEconomic performance and conditionsFinancial services and investmentsGovernment studies and investigationsSecurities and Exchange Commission (SEC)Small business

CECL Consumer Impact and Study Bill of 2019

USA116th CongressHR-3182| House 
| Updated: 6/28/2019
CECL Consumer Impact and Study Bill of 2019 This bill directs the Securities and Exchange Commission and federal financial regulators to report on the implementation of the Current Expected Credit Losses (CECL) accounting standard and its impact on credit availability, capital requirements, financial institutions, and nonfinancial institutions. Required compliance with the CECL standard is delayed until one year after submission of this report.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jun 10, 2019
Introduced in House
Jun 10, 2019
Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, 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.
Jun 28, 2019
Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
  • June 10, 2019
    Introduced in House
  • June 10, 2019
    Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, 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.
  • June 28, 2019
    Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
Vicente Gonzalez

Vicente Gonzalez

Democratic Representative

Texas

Cosponsors (68)
David Schweikert (Republican)Adrian Smith (Republican)David Kustoff (Republican)Mo Brooks (Republican)Clay Higgins (Republican)Tom Cole (Republican)Frank D. Lucas (Republican)Roger Marshall (Republican)Markwayne Mullin (Republican)Eric A. "Rick" Crawford (Republican)Chris Pappas (Democratic)Mark Meadows (Republican)Pete Olson (Republican)Mike Johnson (Republican)Don Young (Republican)Joyce Beatty (Democratic)Ben McAdams (Democratic)Steve Stivers (Republican)Steve Womack (Republican)Ed Case (Democratic)Sheila Jackson Lee (Democratic)Lance Gooden (Republican)David Scott (Democratic)J. Luis Correa (Democratic)William R. Timmons (Republican)David Rouzer (Republican)Jennifer Wexton (Democratic)Ann Kirkpatrick (Democratic)J. French Hill (Republican)Greg Gianforte (Republican)Jason Smith (Republican)Barry Loudermilk (Republican)Ralph Lee Abraham (Republican)Ann M. Kuster (Democratic)H. Morgan Griffith (Republican)Bill Flores (Republican)Don Bacon (Republican)Andy Barr (Republican)Jodey C. Arrington (Republican)Harley Rouda (Democratic)Ann Wagner (Republican)Roger Williams (Republican)Denver Riggleman (Republican)Anthony Brindisi (Democratic)Bruce Westerman (Republican)Dan Bishop (Republican)Brad Sherman (Democratic)Blaine Luetkemeyer (Republican)Henry Cuellar (Democratic)Mark Walker (Republican)Anthony Gonzalez (Republican)Garret Graves (Republican)Debbie Lesko (Republican)Steve Watkins (Republican)John W. Rose (Republican)Vicky Hartzler (Republican)Dan Crenshaw (Republican)Brian K. Fitzpatrick (Republican)Kevin Hern (Republican)Bill Posey (Republican)Kendra S. Horn (Democratic)Greg Pence (Republican)Virginia Foxx (Republican)Josh Gottheimer (Democratic)Harold Rogers (Republican)Jack Bergman (Republican)Ted Budd (Republican)Bryan Steil (Republican)

Commodity Markets, Digital Assets, and Rural Development Subcommittee, Agriculture Committee, Financial Services Committee

Finance and Financial Sector

Related Bills

  • S 116-1564: Continued Encouragement for Consumer Lending Act
  • HR 116-6396: Responsible Relief for Americans Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Accounting and auditingAdministrative law and regulatory proceduresBank accounts, deposits, capitalBanking and financial institutions regulationBusiness investment and capitalCompetition and antitrustCompetitiveness, trade promotion, trade deficitsCongressional oversightConsumer creditEconomic performance and conditionsFinancial services and investmentsGovernment studies and investigationsSecurities and Exchange Commission (SEC)Small business