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Senate bill · 114th Congress · Did not become law

A bill to amend the Federal Deposit Insurance Act to require the appropriate Federal banking agencies to treat certain municipal obligations as level 2B liquid assets, and for other purposes.

S. 3404Introduced Sep 27, 2016Policy area: Finance and Financial Sector
Sponsor: Sen. Mike Rounds R-SD
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Where it went

Latest action: Sep 27, 2016 — Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Vote results

No recorded roll-call votes on this bill in PORKER’s records (voice votes and unanimous consent are not roll calls; roll-call records start in 2011).

Cosponsors

9 cosponsors — 4 Republicans, 5 Democrats

5 of 9 cosponsors (56%) are from the other party.

Joe Donnelly (D-IN), Heidi Heitkamp (D-ND), Mark Kirk (R-IL), Jerry Moran (R-KS), Charles Schumer (D-NY), Tim Scott (R-SC), Jon Tester (D-MT), David Vitter (R-LA), Mark Warner (D-VA).

More from the sponsor

Other 114th Congress bills sponsored by Sen. Mike Rounds.

Sponsor’s state and district

South Dakota in Congress

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Data as of Sep 23, 2026 · bill record checked by PORKER from Congress.gov · votes from Senate.gov and the House Clerk. PORKER is non-partisan.