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Senate Bill 1139
115th Congress(2017-2018)
Main Street Regulatory Fairness Act
Introduced
Introduced
Introduced in Senate on May 16, 2017
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Text
Introduced in Senate 
May 16, 2017
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Introduced in Senate(May 16, 2017)
May 16, 2017
No Linkage Found
About Linkage
Multiple bills can contain the same text. This could be an identical bill in the opposite chamber or a smaller bill with a section embedded in a larger bill.
Bill Sponsor regularly scans bill texts to find sections that are contained in other bill texts. When a matching section is found, the bills containing that section can be viewed by clicking "View Bills" within the bill text section.
Bill Sponsor is currently only finding exact word-for-word section matches. In a future release, partial matches will be included.
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S. 1139 (Introduced-in-Senate)


115th CONGRESS
1st Session
S. 1139


To amend the Financial Stability Act of 2010 to modify the requirements of stress tests.

IN THE SENATE OF THE UNITED STATES

May 16, 2017

Mr. Tester (for himself, Mr. Moran, and Ms. Heitkamp) introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs

A BILL

To amend the Financial Stability Act of 2010 to modify the requirements of stress tests.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “Main Street Regulatory Fairness Act”.

SEC. 2. Enhanced supervision and prudential standards for nonbank financial companies supervised by the Board of Governors and certain bank holding companies.

Section 165(i)(2)(A) of the Financial Stability Act of 2010 (12 U.S.C. 5365(i)) is amended—

(1) in the first sentence, by striking “semiannual” and inserting “periodic”; and

(2) in the second sentence—

(A) by striking “$10,000,000,000” and inserting “$50,000,000,000”; and

(B) by striking “annual” and inserting “periodic”.