Bank Service Company Examination Coordination Act of 2023
Latest action · Dec 1, 2023 Placed on the Union Calendar, Calendar No. 234.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedFeb 21, 2023
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Bank Service Company Examination Coordination Act of 2023
This bill requires the coordination of state banking agencies with federal banking agencies in regulating and examining the activities of bank service companies. It also allows for the sharing of information related to examinations and regulations between federal and state agencies.
Cosponsors 4
Members who signed on, in the order they did. Signatures ran from Feb 21, 2023 to Mar 3, 2023; 2 are original cosponsors, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-NY | Gregory W. Meeks | Original | Feb 21, 2023 |
| R-AR | J. French Hill | Original | Feb 21, 2023 |
| D-HI | Ed Case | Mar 1, 2023 | |
| R-NY | Michael Lawler | Mar 3, 2023 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Financial Services Committee | Referred Feb 21, 2023Markup Feb 28, 2023Reported Dec 1, 2023 |
Actions 6
Everything that happened, newest first.
- Dec 1, 2023Reported (Amended) by the Committee on Financial Services. H. Rept. 118-290.
- Dec 1, 2023Placed on the Union Calendar, Calendar No. 234.
- Feb 28, 2023Committee Consideration and Mark-up Session Held.
- Feb 28, 2023Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 39 - 0.
- Feb 21, 2023Introduced in House
- Feb 21, 2023Referred to the House Committee on Financial Services.
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Committee report
Congressional Budget Office cost estimate
- Apr 19, 2023H.R. 1109, Bank Service Company Examination Coordination Act of 2023As ordered reported by the House Committee on Financial Services on February 28, 2023
Constitutional authority
The sponsor’s statement, as printed in the Congressional Record, vol. 169, no. 34, February 21, 2023, page H867.
CRS reports 1
Congressional Research Service work that CRS links to this bill or the law it became, newest first.
Cite it 1
Products on other subjects that cite it, usually among other measures.
| Product | Title | Kind | Published |
|---|---|---|---|
| IN12387 | Bills Affecting Bank Regulators in the 118th Congress | Insight | Jul 2, 2024 |
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 1501 | Bank Service Company Examination Coordination Act of 2023 | Related bill | May 9, 2023 |
Titles 3
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To amend the Bank Service Company Act to provide improvements with respect to State banking agencies, and for other purposes.
- Short Title(s) as Introduced
- Bank Service Company Examination Coordination Act of 2023
- Short Title(s) as Reported to House
- Bank Service Company Examination Coordination Act of 2023
Subjects
Assigned by the Library of Congress. Policy area: Finance and Financial Sector.
Text 2
Each version as it was printed, newest first.
- Dec 1, 2023Reported in House
- Feb 21, 2023Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
