HR4209-118

Introduced

To prohibit stock sales by senior bank executives in certain circumstances.

118th Congress Introduced Jun 20, 2023

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

This bill, To prohibit stock sales by senior bank executives in certain circumstances., changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance, Immigration, Housing.

Who Benefits and How

financial institutions, investors, and borrowers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.

Who Bears the Burden and How

federal implementing agencies, financial institutions, investors, and borrowers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section H1FEF13883B604F6CAD91F31260486A88: 1. Short title This Act may be cited as the Incentivizing Safe and Sound Banking Act.
  • Section H95850AAEE47341679FF49F35642B9B40: 2. Stock sale prohibition Section 8(b) of the Federal Deposit Insurance Act (12 U.S.C. 1818(b)) is amended by inserting at the end the following: (11)Stock...

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

This bill, To prohibit stock sales by senior bank executives in certain circumstances., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.

Key Policy Areas

Finance, Immigration, Housing

Primary Purpose

This bill, To prohibit stock sales by senior bank executives in certain circumstances., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.

Policy Domains

Finance Immigration Housing

Whole bill

Identified Gains
  • financial institutions, investors, and borrowers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
financial institutions, investors, and borrowers:
Identified Costs
  • federal implementing agencies
  • financial institutions, investors, and borrowers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
federal implementing agencies:
financial institutions, investors, and borrowers:

Legislative Progress

Introduced
Introduced Committee Passed
Jun 20, 2023

Ms. Waters (for herself, Ms. Velázquez, Mr. Sherman, Mr. Green …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Finance Immigration Housing
Actor Mappings
"federal_implementing_agencies"
→ Federal agencies assigned duties by the bill

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology