H.R. 4788 · 113th Congress
Relief for America's Main Street Lenders Act
- Stage
- In committee
- Sponsor
- Sean Duffy
- Introduced
- 2014-05-30
- Latest action
- 2014-07-07 · Referred to the Subcommittee on General Farm Commodities and Risk Management.
Summary
Relief for America's Main Street Lenders Act - Amends the Commodity Exchange Act, the Securities Exchange Act of 1934, the Electronic Fund Transfer Act, and the Dodd-Frank Wall Street Reform and Consumer Protection Act to exclude from the definition of financial entity, solely with respect to an interest rate swap or interest rate security-based swap, financial institutions whose total assets are $50 billion or less.