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.