PlainBillCongress, translated.Legislation. Context. Public interest.Placed on the Union Calendar, Calendar No. 473.
Congressional Research Service
Version 79 · Reported to House without amendment · Apr 5, 2018
Transparency and Accountability for Business Standards Act
This bill requires a federal banking agency to publish for notice and comment: (1) the agency's rationale for, and cost-benefit analysis regarding, the adoption of any prudential regulation that is substantively more stringent than a corresponding international prudential standard; and (2) a proposal for, or the agency's rationale for not proposing, the repeal or amendment of any prudential regulation that is effectively superseded by the implementation of an international prudential standard.
A federal banking agency must issue a report regarding any such final rule issued before the bill's enactment and on or after January 1, 2007.
People & committees
Rep. Hollingsworth, Trey [R-IN-9] · R–IN
Legislative record
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Placed on the Union Calendar, Calendar No. 473.
Reported by the Committee on Financial Services. H. Rept. 115-620.
Reported by the Committee on Financial Services. H. Rept. 115-620.
Ordered to be Reported by the Yeas and Nays: 34 - 26.
Committee Consideration and Mark-up Session Held.
Committee Consideration and Mark-up Session Held.
Referred to the House Committee on Financial Services.
Introduced in House
Introduced in House
Primary sources
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Source last updated: Apr 7, 2025. Consult Congress.gov for the current record.
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