To amend the Bank Service Company Act to provide improvements with respect to State banking agencies, and for other purposes.
Summary
What This Bill Does
The bill creates bank Service Company Act improvements The Bank Service Company Act (12 U.S.C and requires determination of Budgetary Effects The budgetary effects of this Act, for the purpose of complying with the Statutory Pay-As-You-Go Act of 2010, shall be determined by reference to the latest statement titled. It relies on definition changes, appropriations, grants, and reporting requirements. The main policy areas are Financial Services and Finance.
Who Benefits and How
Public beneficiaries or protected communities affected by the clause could face reduced risk.
Who Bears the Burden and How
Federal, state, or local agencies responsible for implementing the clause would take on compliance duties and Financial services firms and customers affected by the bill would take on compliance duties.
Key Provisions
- Creates bank Service Company Act improvements The Bank Service Company Act (12 U.S.C.
- Requires determination of Budgetary Effects The budgetary effects of this Act, for the purpose of complying with the Statutory Pay-As-You-Go Act of 2010, shall be determined by reference to the latest statement titled...
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
The bill creates bank Service Company Act improvements The Bank Service Company Act (12 U.S.C and requires determination of Budgetary Effects The budgetary effects of this Act, for the purpose of complying with the Statutory Pay-As-You-Go Act of 2010, shall be determined by reference to the latest statement titled.
Key Policy Areas
Financial Services, Finance
Primary Purpose
The bill creates bank Service Company Act improvements The Bank Service Company Act (12 U.S.C and requires determination of Budgetary Effects The budgetary effects of this Act, for the purpose of complying with the Statutory Pay-As-You-Go Act of 2010, shall be determined by reference to the latest statement titled.
Policy Domains
Whole bill
Identified Gains
- Public beneficiaries or protected communities affected by the clause
Identified Costs
- Federal, state, or local agencies responsible for implementing the clause
- Financial services firms and customers affected by the bill
Sponsors
Legislative Progress
IntroducedMr. Cramer (for himself, Ms. Warren, Ms. Lummis, Ms. Hirono, …
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?
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