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H.R.3182 / 116th Congress

CECL Consumer Impact and Study Bill of 2019

Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.

Official summary

Version 00 · Introduced in House · Jun 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.

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Who introduced it

Rep. Gonzalez, Vicente [D-TX-15] · D–TX

Committees

  • Agriculture Committee
  • Financial Services Committee
68 cosponsorship records, including any withdrawals

Actions

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  1. Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.

  2. 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.

  3. 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.

  4. Introduced in House

  5. Introduced in House

Bill text & related measures

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Related bills identified by Congress.gov

Source last updated: Dec 6, 2025. Consult Congress.gov for the current record.

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Neutral evidence review

Objective

Analyze H.R.3182 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.

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Fairness and public impact

Progressive lens

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Institutions and government scope

Conservative lens

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Individual rights and government power

Liberty lens

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