h 58055 1243915200 false 1243915200 2660 74 111 412215

6/2/2009--Introduced.<br/>Regulatory Capital Enhancement Act of 2009 - Amends the Federal Deposit Insurance Act to require each appropriate federal banking agency to prescribe capital standards, including a leverage limit and a risk-based capital requirement, for special purpose entities, or similar types of vehicles or entities, that are sponsored by insured depository institutions it regulates. Requires such capital standards to conform, to the extent practicable, with the capital standards prescribed under the Act. Authorizes an appropriate federal banking agency, by regulation, to establish any additional relevant capital measures for such entities or vehicles necessary to guard against the risk that they become undercapitalized. Requires the appropriate federal banking agencies to define jointly a &quot;special purpose entity,&quot; with a focus on trusts and other legal entities established by or for an insured depository institution to fulfill narrow, specific, or temporary objectives, including: (1) the holding of financial assets transferred during a securitization process; (2) issuing applicable securities representing claims on such assets; (3) receiving and reinvesting cash flows from such assets; and (4) distributing proceeds to holders of the securities.<br/>

1243915200 2009-06-02 Fri Sep 18 20:09:23 -0500 2009 introduced 58055 'act':4 '2009':6 'capit':2 'enhanc':3 'regulatori':1 76152 false short introduced 58055 'act':7 'bank':13 'agenc':14 'amend':2 'capit':17 'feder':4,12 'insur':6 'entiti':23 'purpos':22 'requir':9 'certain':20 'deposit':5 'special':21 'appropri':11 'prescrib':16 'standard':18 74008 false official action 58055 1243915200 Tue Jun 02 00:00:00 -0500 2009 197169 Referred to the House Committee on Financial Services. E000288 1963-08-04 1130 Longworth House Office Building http://ellison.house.gov/index.php?option=com_content&task=view&id=87 5 202-225-4886 Keith 'd':4 '-5':6 'mn':5 'rep':1 'keith':2,7,9 'ellison':3,8,10 M 412215 Ellison Keith_Ellison Rep. Keith Ellison [D, MN-5] N00028257 8826 Democrat 202-225-4755 MN Keith Ellison 5.9375 http://ww3.house.leg.state.mn.us/members/members.asp?district=58B RepKeithEllison action 58055 1243915200 Tue Jun 02 00:00:00 -0500 2009 197169 Referred to the House Committee on Financial Services. introduced 58055 1243915200 Tue Jun 02 00:00:00 -0500 2009 197168