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H.R. 2319: Consumer Financial Choice and Capital Markets Protection Act of 2018

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H.R. 2319: Consumer Financial Choice and Capital Markets Protection Act of 2018

115th Congress · introduced 2017-05-03 · Finance and Financial Sector · Latest: Placed on the Union Calendar, Calendar No. 699.

federal

Follow this bill, step by step

  1. Where it came from: introduced 2017-05-03 · official record
  2. Who proposed it: Rep. Rothfus, Keith J. [R-PA-12] · what a sponsor is
  3. What happened next: no floor votes in our records yet. Why?
  4. Where it stands now: Placed on the Union Calendar, Calendar No. 699. Not final yet: this can still change. We check for updates every day.
  5. If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Consumer Financial Choice and Capital Markets Protection Act of 2018

Plain summary

Consumer Financial Choice and Capital Markets Protection Act of 201 8 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.

Congressional Research Service summary (Reported to House with amendment(s)), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Consumer Financial Choice and Capital Markets Protection Act of 2018

Source: Congressional Research Service summary (Reported to House with amendment(s))

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The strongest published arguments

Arguments for (supporters)

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Arguments against (opponents)

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Alternatives

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Rothfus, Keith J. [R-PA-12] · 73 cosponsors

Cost estimate: CBO cost estimate: H.R. 2319, Consumer Financial Choice and Capital Markets Protection Act of 2017 (2018-06-11)

Cosponsors on this site

Gwen Moore (D-WI), Terri A. Sewell (D-AL), Robin L. Kelly (D-IL), John R. Moolenaar (R-MI), Joyce Beatty (D-OH), Gregory W. Meeks (D-NY), Vicente Gonzalez (D-TX), Roger Williams (R-TX), Glenn Thompson (R-PA), Emanuel Cleaver (D-MO), Mike Kelly (R-PA), Pete Sessions (R-TX), Josh Gottheimer (D-NJ), Ted Budd (R-NC), Brian K. Fitzpatrick (R-PA), J. French Hill (R-AR), Ann Wagner (R-MO), Warren Davidson (R-OH), David Kustoff (R-TN), Andy Barr (R-KY), Tom Emmer (R-MN), Ron Estes (R-KS), Danny K. Davis (D-IL), Jodey C. Arrington (R-TX), Scott Perry (R-PA), Dwight Evans (D-PA), Brendan F. Boyle (D-PA) and 13 more.

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (1)
Bill
A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong115-hr2319 · catalog fed-us-congress-bills-cong115 · updated 2026-11-15 by psicol fed-bills-cong115