[Congressional Bills 113th Congress] [From the U.S. Government Publishing Office] [H.R. 4881 Introduced in House (IH)] 113th CONGRESS 2d Session H. R. 4881 To place a 6-month moratorium on the authority of the Financial Stability Oversight Council to make financial stability determinations. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES June 17, 2014 Mr. Neugebauer (for himself, Mr. Ross, Mr. Pittenger, Mr. Bachus, Mr. Stivers, and Mrs. Wagner) introduced the following bill; which was referred to the Committee on Financial Services _______________________________________________________________________ A BILL To place a 6-month moratorium on the authority of the Financial Stability Oversight Council to make financial stability determinations. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. MORATORIUM. Before the end of the 6-month period beginning on the date of the enactment of this Act, the Financial Stability Oversight Council may not make a determination under section 113 of the Financial Stability Act of 2010 (12 U.S.C. 5323) that a nonbank financial company (as defined under section 102 of such Act) shall be supervised by the Board of Governors of the Federal Reserve System and subject to prudential standards. <all>