H.R. 2056 - To Instruct the Inspector General of the Federal Deposit Insurance Corporation to Study the Impact of Insured Depository Institution Failures, and for Other Purposes.

Finance and financial sector. 112th Congress (2011-2012) View bill details
Sponsor:
Summary:
To instruct the Inspector General of the Federal Deposit Insurance Corporation to study the impact of insured depository institution failures, and for other purposes. (by CRS) 
Status:
The bill has become law. 
Amendments:
2 proposed amendments. 1 accepted. View amendments 
Senate Vote: On Passage

PASSED by voice vote on November 17, 2011.

To Instruct the Inspector General of the Federal Deposit Insurance Corporation to Study the Impact of Insured Depository Institution Failures, and for Other Purposes.

H.R. 2056 — 112th Congress (2011–2012)

Summary
To instruct the Inspector General of the Federal Deposit Insurance Corporation to study the impact of insured depository institution failures, and for other purposes. (by CRS)
Learn More
At OpenCongress
Title
To instruct the Inspector General of the Federal Deposit Insurance Corporation to study the impact of insured depository institution failures, and for other purposes.
Other Titles
    Sponsor
    Lynn Westmoreland
    Co-Sponsors
    Subjects
    • Finance and financial sector
    • Accounting and auditing
    • Administrative law and regulatory procedures
    • Bank accounts, deposits, capital
    • Banking and financial institutions regulation
    • Bankruptcy
    • Congressional oversight
    • Consumer credit
    • Credit and credit markets
    • Federal Deposit Insurance Corporation (FDIC)
    • Financial services and investments
    • Government investigations
    • Real estate business
    Related Bills
      Major Actions
      Introduced5/31/2011
      Referred to Committee
      Amendments (2 proposed)
      Passed House7/28/2011
      Passed Senate11/17/2011
      Passed House12/20/2011
      Signed by President1/03/2012
      Bill History
      Chamber/CommitteeMotionDateResult
      select this voteHouseOn motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR 7/26/2011 H5541-5542)7/28/2011PASSED by voice vote
      currently selectedSenatePassed Senate with amendments by Unanimous Consent.11/17/2011PASSED by voice vote
      select this voteSenateAmendment SA 1221 agreed to in Senate by Unanimous Consent.11/17/2011PASSED by voice vote
      select this voteHouseOn motion that the House suspend the rules and agree to the Senate amendments Agreed to by voice vote. (text as House agreed to Senate amendments: CR 12/19/2011 H9933-9934)12/20/2011PASSED by voice vote
      ActionDateDescription
      Introduced5/31/2011
      5/31/2011Referred to the House Committee on Financial Services.
      7/08/2011Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Referral.
      7/19/2011Referred to the Subcommittee on Financial Institutions and Consumer Credit.
      7/20/2011Subcommittee on Financial Institutions and Consumer Credit Discharged.
      7/20/2011Committee Consideration and Mark-up Session Held.
      Put on a legislative calendar7/20/2011Ordered to be Reported (Amended) by Voice Vote.
      7/26/2011Reported (Amended) by the Committee on Financial Services. H. Rept. 112-182.
      Put on a legislative calendar7/26/2011Placed on the Union Calendar, Calendar No. 120.
      7/26/2011Mr. Westmoreland moved to suspend the rules and pass the bill, as amended.
      7/26/2011Considered under suspension of the rules.
      7/26/2011DEBATE - The House proceeded with forty minutes of debate on H.R. 2056.
      7/26/2011At the conclusion of debate, the chair put the question on the motion to suspend the rules. Mr. Westmoreland objected to the vote on the grounds that a quorum was not present. Further proceedings on the motion were postponed. The point of no quorum was withdrawn.
      7/28/2011Considered as unfinished business.
      select this voteHouse Vote on Passage7/28/2011On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR 7/26/2011 H5541-5542)
      7/28/2011Motion to reconsider laid on the table Agreed to without objection.
      7/29/2011Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
      11/17/2011Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent.
      11/17/2011Measure laid before Senate by unanimous consent.
      currently selectedSenate Vote on Passage11/17/2011Passed Senate with amendments by Unanimous Consent.
      11/17/2011Referred to the Committee on Banking, Housing, and Urban Affairs.
      11/17/2011Amendment SA 1221 proposed by Senator Levin.
      select this voteVote11/17/2011Amendment SA 1221 agreed to in Senate by Unanimous Consent.
      11/18/2011Message on Senate action sent to the House.
      12/19/2011Mr. Westmoreland moved that the House suspend the rules and agree to the Senate amendments.
      12/19/2011DEBATE - The House proceeded with forty minutes of debate on agreeing to the Senate amendments to H.R. 2056.
      12/19/2011At the conclusion of debate, the chair put the question on the motion to suspend the rules. Mr. Westmoreland objected to the vote on the grounds that a quorum was not present. Further proceedings on the motion were postponed. The point of no quorum was withdrawn.
      12/20/2011Considered as unfinished business.
      select this voteHouse Vote on Passage12/20/2011On motion that the House suspend the rules and agree to the Senate amendments Agreed to by voice vote. (text as House agreed to Senate amendments: CR 12/19/2011 H9933-9934)
      12/20/2011Motion to reconsider laid on the table Agreed to without objection.
      Presented to President12/23/2011Presented to President.
      Signed1/03/2012Signed by President.
      Enacted1/03/2012Became Public Law No: 112-88.
      NumberSponsorDate OfferedStatus
      S. Amdt. 1127Levin, Carl [D-MI]November 17, 2011Offered on November 16, 2011.

      Amendment information not available.

      Show amendment details

      select this voteS. Amdt. 1221Levin, Carl [D-MI]November 17, 2011Passed by voice vote on November 16, 2011.

      To clarify the types of losses to be studied, to require appearances before Congress, and for other purposes.

      Show amendment details

      Total contributions given to Senators from Commercial banks & bank holding companies, which…

      supported this bill

      Commercial banks & bank holding companies$10,338,792
      $10,338,792

      1 Organization Supported and 0 Opposed; See Which Ones

      Organizations that took a position on
      To Instruct the Inspector General of the Federal Deposit Insurance Corporation to Study the Impact of Insured Depository Institution Failures, and for Other Purposes.: Passed Senate with amendments by Unanimous Consent.

      1 organization supported this bill

      Independent Community Bankers of America
      Fine, Camden R. (2011, July 19). Letter to Chairman Bachus and Ranking Member Frank. Retrieved July 28, 2011, from ICBA.

      0 organizations opposed this bill

      Need proof?

      View citations of support and opposition

      Includes reported contributions to congressional campaigns of Senators in office on day of vote, from Commercial banks & bank holding companies interest groups, January 1, 2007 – December 31, 2012.
      Contributions data source: OpenSecrets.org

      Contributions by Legislator

      NamePartyState$ From Interest Groups
      That Supportedsort icon
      $ From Interest Groups
      That Opposed
      Vote
      Addison "Mitch" McConnellRKY$453,950$0Yes
      Kirsten GillibrandDNY$430,216$0Yes
      Bob CorkerRTN$378,000$0Yes
      Scott BrownRMA$312,676$0Yes
      Jon TesterDMT$311,319$0Yes
      Rob PortmanROH$306,974$0Yes
      Roy BluntRMO$279,708$0Yes
      Mark WarnerDVA$271,050$0Yes
      Tim JohnsonDSD$268,602$0Yes
      Richard ShelbyRAL$266,450$0Yes
      John CornynRTX$248,323$0Yes
      Mark KirkRIL$226,625$0Yes
      Richard BurrRNC$200,657$0Yes
      Dean HellerRNV$198,172$0Yes
      Tom CarperDDE$180,390$0Yes
      Clarence Saxby ChamblissRGA$179,948$0Yes
      Harry ReidDNV$179,850$0Yes
      Chuck SchumerDNY$175,500$0Yes
      Debbie StabenowDMI$169,662$0Yes
      Roger WickerRMS$167,519$0Yes
      Jerry MoranRKS$158,384$0Yes
      Orrin HatchRUT$156,400$0Yes
      Charles "Pat" RobertsRKS$151,540$0Yes
      Max BaucusDMT$149,930$0Yes
      John ThuneRSD$148,775$0Yes
      Patrick ToomeyRPA$145,266$0Yes
      Amy KlobucharDMN$136,339$0Yes
      Dick DurbinDIL$133,750$0Yes
      Johnny IsaksonRGA$125,200$0Yes
      John "Jack" ReedDRI$121,571$0Yes
      Michael BennetDCO$112,950$0Yes
      Joe ManchinDWV$112,300$0Yes
      Mike CrapoRID$110,182$0Yes
      Sherrod BrownDOH$105,842$0Yes
      Mary LandrieuDLA$102,999$0Yes
      Kay HaganDNC$102,933$0Yes
      John BarrassoRWY$100,950$0Yes
      Claire McCaskillDMO$99,775$0Yes
      Mike JohannsRNE$98,500$0Yes
      Lindsey GrahamRSC$95,098$0Yes
      Bob CaseyDPA$90,180$0Yes
      Clarence "Bill" NelsonDFL$85,250$0Yes
      Mark PryorDAR$84,892$0Yes
      Bob MenéndezDNJ$83,350$0Yes
      John BoozmanRAR$82,900$0Yes
      Jim DeMintRSC$79,660$0Yes
      Daniel CoatsRIN$78,500$0Yes
      Chris CoonsDDE$76,000$0Yes
      David VitterRLA$75,650$0Yes
      Susan CollinsRME$75,484$0Yes
      John HoevenRND$75,200$0Yes
      Jeff SessionsRAL$73,832$0Yes
      Andrew Lamar AlexanderRTN$73,750$0Yes
      Dianne FeinsteinDCA$72,400$0Yes
      Marco RubioRFL$71,600$0Yes
      Earl "Ben" NelsonDNE$69,947$0Yes
      Jim InhofeROK$69,700$0Yes
      Tom HarkinDIA$68,580$0Yes
      Dan InouyeDHI$64,775$0Yes
      Chuck GrassleyRIA$62,700$0Yes
      John "Jay" RockefellerDWV$59,850$0Yes
      Tom CoburnROK$57,750$0Yes
      Ron JohnsonRWI$56,175$0Yes
      Olympia SnoweRME$49,200$0Yes
      John McCainRAZ$48,175$0Yes
      Mark UdallDCO$46,975$0Yes
      Mike EnziRWY$45,300$0Yes
      Frank LautenbergDNJ$45,150$0Yes
      Kelly AyotteRNH$45,116$0Yes
      Carl LevinDMI$44,700$0Yes
      Lisa MurkowskiRAK$40,520$0Yes
      Rand PaulRKY$39,550$0Yes
      John KerryDMA$39,450$0Yes
      Barbara BoxerDCA$38,150$0Yes
      Jeanne ShaheenDNH$37,208$0Yes
      William Thad CochranRMS$36,150$0Yes
      Jim RischRID$35,750$0Yes
      Ron WydenDOR$35,700$0Yes
      Alan FrankenDMN$35,150$0Yes
      Ben CardinDMD$34,500$0Yes
      Jon KylRAZ$33,200$0Yes
      Jeff MerkleyDOR$31,750$0Yes
      Dick LugarRIN$30,150$0Yes
      Mike LeeRUT$30,050$0Yes
      Patty MurrayDWA$24,625$0Yes
      Mark BegichDAK$20,900$0Yes
      Richard BlumenthalDCT$18,190$0Yes
      Patrick LeahyDVT$18,000$0Yes
      Kay Bailey HutchisonRTX$17,850$0Yes
      Sheldon WhitehouseDRI$17,650$0Yes
      Tom UdallDNM$12,983$0Yes
      Barbara MikulskiDMD$12,250$0Yes
      Maria CantwellDWA$8,700$0Yes
      Daniel K. AkakaDHI$8,000$0Yes
      Gaylord Kent ConradDND$5,500$0Yes
      Joe LiebermanICT$1,000$0Yes
      Jesse "Jeff" BingamanDNM$500$0Yes
      Bernie SandersIVT$200$0Yes
      Herb KohlDWI$0$0Yes
      Jim WebbDVA$-11,850$0Yes

      Add Data Filters:

      Legislator Filters
      Legislator Filters
      Show All
      NamePartyState$ From Interest Groups
      That Supported
      $ From Interest Groups
      That Opposed
      Vote
      Daniel K. AkakaDHI$8,000$0Yes
      Andrew Lamar AlexanderRTN$73,750$0Yes
      Kelly AyotteRNH$45,116$0Yes
      John BarrassoRWY$100,950$0Yes
      Max BaucusDMT$149,930$0Yes
      Mark BegichDAK$20,900$0Yes
      Michael BennetDCO$112,950$0Yes
      Jesse "Jeff" BingamanDNM$500$0Yes
      Richard BlumenthalDCT$18,190$0Yes
      Roy BluntRMO$279,708$0Yes
      John BoozmanRAR$82,900$0Yes
      Barbara BoxerDCA$38,150$0Yes
      Scott BrownRMA$312,676$0Yes
      Sherrod BrownDOH$105,842$0Yes
      Richard BurrRNC$200,657$0Yes
      Maria CantwellDWA$8,700$0Yes
      Ben CardinDMD$34,500$0Yes
      Tom CarperDDE$180,390$0Yes
      Bob CaseyDPA$90,180$0Yes
      Clarence Saxby ChamblissRGA$179,948$0Yes
      Daniel CoatsRIN$78,500$0Yes
      Tom CoburnROK$57,750$0Yes
      William Thad CochranRMS$36,150$0Yes
      Susan CollinsRME$75,484$0Yes
      Gaylord Kent ConradDND$5,500$0Yes
      Chris CoonsDDE$76,000$0Yes
      Bob CorkerRTN$378,000$0Yes
      John CornynRTX$248,323$0Yes
      Mike CrapoRID$110,182$0Yes
      Jim DeMintRSC$79,660$0Yes
      Dick DurbinDIL$133,750$0Yes
      Mike EnziRWY$45,300$0Yes
      Dianne FeinsteinDCA$72,400$0Yes
      Alan FrankenDMN$35,150$0Yes
      Kirsten GillibrandDNY$430,216$0Yes
      Lindsey GrahamRSC$95,098$0Yes
      Chuck GrassleyRIA$62,700$0Yes
      Kay HaganDNC$102,933$0Yes
      Tom HarkinDIA$68,580$0Yes
      Orrin HatchRUT$156,400$0Yes
      Dean HellerRNV$198,172$0Yes
      John HoevenRND$75,200$0Yes
      Kay Bailey HutchisonRTX$17,850$0Yes
      Jim InhofeROK$69,700$0Yes
      Dan InouyeDHI$64,775$0Yes
      Johnny IsaksonRGA$125,200$0Yes
      Mike JohannsRNE$98,500$0Yes
      Ron JohnsonRWI$56,175$0Yes
      Tim JohnsonDSD$268,602$0Yes
      John KerryDMA$39,450$0Yes
      Mark KirkRIL$226,625$0Yes
      Amy KlobucharDMN$136,339$0Yes
      Herb KohlDWI$0$0Yes
      Jon KylRAZ$33,200$0Yes
      Mary LandrieuDLA$102,999$0Yes
      Frank LautenbergDNJ$45,150$0Yes
      Patrick LeahyDVT$18,000$0Yes
      Mike LeeRUT$30,050$0Yes
      Carl LevinDMI$44,700$0Yes
      Joe LiebermanICT$1,000$0Yes
      Dick LugarRIN$30,150$0Yes
      Joe ManchinDWV$112,300$0Yes
      John McCainRAZ$48,175$0Yes
      Claire McCaskillDMO$99,775$0Yes
      Addison "Mitch" McConnellRKY$453,950$0Yes
      Bob MenéndezDNJ$83,350$0Yes
      Jeff MerkleyDOR$31,750$0Yes
      Barbara MikulskiDMD$12,250$0Yes
      Jerry MoranRKS$158,384$0Yes
      Lisa MurkowskiRAK$40,520$0Yes
      Patty MurrayDWA$24,625$0Yes
      Earl "Ben" NelsonDNE$69,947$0Yes
      Clarence "Bill" NelsonDFL$85,250$0Yes
      Rand PaulRKY$39,550$0Yes
      Rob PortmanROH$306,974$0Yes
      Mark PryorDAR$84,892$0Yes
      John "Jack" ReedDRI$121,571$0Yes
      Harry ReidDNV$179,850$0Yes
      Jim RischRID$35,750$0Yes
      Charles "Pat" RobertsRKS$151,540$0Yes
      John "Jay" RockefellerDWV$59,850$0Yes
      Marco RubioRFL$71,600$0Yes
      Bernie SandersIVT$200$0Yes
      Chuck SchumerDNY$175,500$0Yes
      Jeff SessionsRAL$73,832$0Yes
      Jeanne ShaheenDNH$37,208$0Yes
      Richard ShelbyRAL$266,450$0Yes
      Olympia SnoweRME$49,200$0Yes
      Debbie StabenowDMI$169,662$0Yes
      Jon TesterDMT$311,319$0Yes
      John ThuneRSD$148,775$0Yes
      Patrick ToomeyRPA$145,266$0Yes
      Mark UdallDCO$46,975$0Yes
      Tom UdallDNM$12,983$0Yes
      David VitterRLA$75,650$0Yes
      Mark WarnerDVA$271,050$0Yes
      Jim WebbDVA$-11,850$0Yes
      Sheldon WhitehouseDRI$17,650$0Yes
      Roger WickerRMS$167,519$0Yes
      Ron WydenDOR$35,700$0Yes

      Interest Groups that supported this bill

      $ Donated
      Commercial banks & bank holding companies$10,338,792

      Interest Groups that opposed this bill

      $ Donated
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