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H.R. 1489 · 112th Congress · 2011–2012

Return to Prudent Banking Act of 2011

H.R. 1489 in the 112th Congress (2011–2012) was introduced on Apr 12, 2011, sponsored by Marcy Kaptur with 84 co-sponsors.

During the 112th Congress (2011–2012), Barack Obama was president, and Republicans held the House majority and Democrats the Senate majority.

Status
Introduced
Introduced
Apr 12, 2011
Co-sponsors
84
Policy area
Finance and Financial Sector

What it does

Return to Prudent Banking Act of 2011 - Amends the Federal Deposit Insurance Act (FDIA) to prohibit an insured depository institution from being an affiliate of any broker or dealer, investment adviser, investment company, or any other person or entity engaged principally in the issue, flotation, underwriting, public sale, or distribution of stocks, bonds, debentures, notes, or other securities.

Summary by the nonpartisan Congressional Research Service.

Sponsor

Marcy Kaptur (D-OH). Co-sponsors: 80 Democrats, 4 Republicans.

Where it stands

  • IntroducedApr 12, 2011
  • Passed the House—
  • Passed the Senate—
  • Sent to the President—
  • Became law—

Latest action: Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises. (May 2, 2011)

Other Finance and Financial Sector bills in the 112th Congress

Committees

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From GovInfo bill records, Congressional Research Service summaries, Voteview roll calls and lobbying reports.

Cite or embed this page

Capitol Receipts, “H.R. 1489 (112th Congress): Return to Prudent Banking Act of 2011,” https://www.capitolreceipts.com/bill/112-hr-1489/return-to-prudent-banking-act-of-2011 (accessed 2026-10-17).