PlainBillCongress, translated.Legislation. Context. Public interest.Placed on the Union Calendar, Calendar No. 699.
Congressional Research Service
Version 17 · Reported to House with amendment(s) · Aug 24, 2018
Consumer Financial Choice and Capital Markets Protection Act of 2018
This bill amends the Investment Company Act of 1940 to allow a money market fund, under specified conditions, to elect to operate using a different method of valuation than is otherwise required.
Under specified conditions, a money market fund shall not be subject to certain requirements related to the imposition of liquidity fees.
Certain federal assistance may not be provided directly to any money market fund. This limitation on federal assistance must be disclosed in a money market fund's advertising and sales literature.
People & committees
Rep. Rothfus, Keith J. [R-PA-12] · R–PA
Legislative record
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Placed on the Union Calendar, Calendar No. 699.
Reported (Amended) by the Committee on Financial Services. H. Rept. 115-903.
Reported (Amended) by the Committee on Financial Services. H. Rept. 115-903.
Ordered to be Reported (Amended) by the Yeas and Nays: 34 - 21.
Committee Consideration and Mark-up Session Held.
Committee Consideration and Mark-up Session Held.
Hearings Held by the Subcommittee on Capital Markets Prior to Referral.
Referred to the House Committee on Financial Services.
Introduced in House
Introduced in House
Primary sources
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Source last updated: Dec 6, 2025. Consult Congress.gov for the current record.
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