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Bills

119 hr 7887

Incentivizing Safe and Sound Banking Act

House BillIntroduced / Referred

Action Progress

Current: Introduced / Referred

  1. 1Introduced / Referred
  2. 2Committee
  3. 3Discharge
  4. 4Calendar
  5. 5Floor
  6. 6Resolving Differences
  7. 7President
  8. 8Becomes Law / Vetoed

Latest action

Referred to the House Committee on Financial Services.

Full Text

Text API

Introduced in House

2026-03-09

Raw JSON

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  "type": "HR",
  "title": "Incentivizing Safe and Sound Banking Act",
  "number": "7887",
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  "sponsors": [
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      "url": "https://api.congress.gov/v3/member/W000187?format=json",
      "party": "D",
      "state": "CA",
      "district": 43,
      "fullName": "Rep. Waters, Maxine [D-CA-43]",
      "lastName": "Waters",
      "firstName": "Maxine",
      "bioguideId": "W000187",
      "isByRequest": "N"
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  "policyArea": {
    "name": "Finance and Financial Sector"
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  "updateDate": "2026-04-06T15:49:23Z",
  "latestAction": {
    "text": "Referred to the House Committee on Financial Services.",
    "actionDate": "2026-03-09"
  },
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  "originChamber": "House",
  "introducedDate": "2026-03-09",
  "legislationUrl": "https://www.congress.gov/bill/119th-congress/house-bill/7887",
  "originChamberCode": "H",
  "updateDateIncludingText": "2026-04-06T15:49:23Z",
  "constitutionalAuthorityStatementText": "<pre>\n[Congressional Record Volume 172, Number 43 (Monday, March 9, 2026)]\n[House]\nFrom the Congressional Record Online through the Government Publishing Office [<a href=\"https://www.gpo.gov\">www.gpo.gov</a>]\nBy Ms. WATERS:\nH.R. 7887.\nCongress has the power to enact this legislation pursuant\nto the following:\nArticle I, Section 8, cl. 1, To pay debts and provide for\nthe common Defense and General Welfare of the United States.\nArticle I, Section 8 cl. 3, To regulate Commerce with\nForeign Nations, Among the Several States, and with the\nIndian Tribes.\nArticle I, Section 8, cl. 18, To make all laws which shall\nbe necessary and proper for carrying into Execution the\npowers enumerated under section 8 and all other Powers vested\nby the Constitution in the Government of the United States,\nor in any Department or Officer thereof.\n[Page H2477]\n</pre>"
}