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House Passes LIBOR Legislation

12/8/2021  ·  by CRE Finance Council  ·  Tracking the LIBOR to SOFR Transition  ·  Press Releases and Alerts

The House of Representatives passed the ‘‘Adjustable Interest Rate (LIBOR) Act of 2021,” H.R. 4616 by 415 to 9 margin. Rep. Brad Sherman (D-CA) is the lead sponsor of the bipartisan bill.

Tags: libor  ·   sherman  ·   legislation  ·   house  ·   federal  ·