To require the Securities and Exchange Commission and certain Federal agencies to carry out a study relating to accounting standards, and for other purposes.
Actions Overview (1)
Date
Actions Overview
06/10/2019
Introduced in House
06/10/2019 Introduced in House
All Actions (4)
Date
All Actions
06/28/2019
Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit. Action By: Committee on Agriculture
06/10/2019
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. Action By: House of Representatives
06/10/2019
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. Action By: House of Representatives
06/10/2019
Introduced in House Action By: House of Representatives
06/28/2019 Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
06/10/2019 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.
06/10/2019 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.
Committees, subcommittees and links to reports associated with this bill are listed here, as well as the nature and date of committee activity and Congressional report number.
Committee / Subcommittee
Date
Activity
Reports
House Financial Services
06/10/2019
Referred to
House Agriculture
06/10/2019
Referred to
House Agriculture Subcommittee on Commodity Exchanges, Energy, and Credit
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.
All Summaries (1)
Shown Here: Introduced in House (06/10/2019)
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.