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Easing Financial Firm Stress Tests: Boosting Investment Opportunities.

This bill aims to reduce the burden on certain non-bank financial companies by exempting them from some mandatory financial stress tests. This could give these companies more flexibility in managing their finances, potentially leading to increased investment and economic growth. Citizens might indirectly benefit from a more stable economy and new investment opportunities.
Key points
Reduces financial stress test requirements for non-bank financial companies.
Agencies like the SEC and CFTC can still require their own financial condition analyses from companies they oversee.
The changes aim to facilitate investment activities and reduce bureaucracy for certain financial entities.
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Status:
Expired
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Additional Information
Print number: 117_HR_3412
Sponsor: Rep. Loudermilk, Barry [R-GA-11]
Process start date: 2021-05-20
System Note: Lustra is free, publicly auditable civic infrastructure, with full source code available on GitHub. You are reading sterilized legislative data, processed by our radical neutrality engine to strip political spin and retain factual mechanics. We process only official government data. Original documents remain the authoritative source, always verify them if you can.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

Alleviating Stress Test Burdens To Help Investors Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_3412.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2021-05-20.

What are the main provisions?

Key points include:

  • Reduces financial stress test requirements for non-bank financial companies.
  • Agencies like the SEC and CFTC can still require their own financial condition analyses from companies they oversee.
  • The changes aim to facilitate investment activities and reduce bureaucracy for certain financial entities.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Loudermilk, Barry [R-GA-11].

What is the latest detailed status?

The latest detailed status is: Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

What is the impact of this bill?

We don't know, that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge.

CATEGORIES

Economy