Bill SponsorBILLSPONSOR
Bill Sponsor
Politicians
Bills
House Bill 4292
115th Congress(2017-2018)
Financial Institution Living Will Improvement Act of 2017
Active
Active
Passed House on Jan 30, 2018
Overview
Text
Sponsor
Republican
Introduced
Nov 7, 2017
Latest Action
Feb 5, 2018
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
4292
Congress
115
Policy Area
Finance and Financial Sector
Finance and Financial Sector
Primary focus of measure is U.S. banking and financial institutions regulation; consumer credit; bankruptcy and debt collection; financial services and investments; insurance; securities; real estate transactions; currency. Measures concerning financial crimes may fall under Crime and Law Enforcement. Measures concerning business and corporate finance may fall under Commerce policy area. Measures concerning international banking may fall under Foreign Trade and International Finance policy area.
Sponsorship by Party
Republican
Lee Zeldin
New York
Democrat
Kyrsten Sinema
Arizona
Republican
Ed Royce
California
Democrat
Carolyn B. Maloney
New York
House Votes (1)
Senate Votes (0)
checkPassed on January 30, 2018
Question
On Motion to Suspend the Rules and Pass, as Amended
Status
Passed
Type
Roll Call Vote
Roll Call Vote
A vote that records the individual position of each Member who voted. Such votes occurring on the House floor (by the "yeas and nays" or by "recorded vote") are taken by electronic device. The Senate has no electronic voting system; in such votes, Senators answer "yea" or "nay" as the clerk calls each name aloud. Each vote is compiled by clerks and receives a roll call number (referenced in Congress.gov as a "Record Vote" [Senate] or "Roll no." [House]).
Roll Call Type
2/3 Yea-And-Nay
Roll Number
50
House Roll Call Votes
Summary

Financial Institution Living Will Improvement Act of 2017

This bill amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to limit the frequency with which certain nonbank financial companies and bank holding companies shall be required to submit a "living will" (i.e., the company's plan for rapid and orderly resolution in the event of financial distress or failure) to the Federal Reserve Board (FRB), the Financial Stability Oversight Council, and the Federal Deposit Insurance Corporation (FDIC). Specifically, such companies shall be required to do so no more than once every two years. 

The FRB and the FDIC must provide feedback to a company regarding such a plan within six months.

Text (4)
Referred in Senate
February 5, 2018
Engrossed in House
January 30, 2018
Reported in House
December 14, 2017
Introduced in House
November 7, 2017
Related Bills (4)
Aug 01, 2018
Passed Senate
1
Sponsorship
House Bill 6147
Interior, Environment, Financial Services and General Government, Agriculture, Rural Development, Food and Drug Administration, and Transportation, Housing and Urban Development Appropriations Act, 2019
Active
Amendments
Type
Related Bill
Related Bill
A related bill may be a companion measure, an identical bill, a procedurally-related measure, or one with text similarities. Bill relationships are identified by the House, the Senate, or CRS, and refer only to same-Congress measures.
Identified By
CRS
Jul 17, 2018
Passed House
3
Sponsorship
Senate Bill 488
JOBS and Investor Confidence Act of 2018
Active
Type
Related Bill
Related Bill
A related bill may be a companion measure, an identical bill, a procedurally-related measure, or one with text similarities. Bill relationships are identified by the House, the Senate, or CRS, and refer only to same-Congress measures.
Identified By
CRS
Jun 14, 2018
Introduced in Senate
2
Sponsorship
Senate Bill 3070
Financial Institution Living Will Improvement Act of 2018
Introduced
Type
Related Bill
Related Bill
A related bill may be a companion measure, an identical bill, a procedurally-related measure, or one with text similarities. Bill relationships are identified by the House, the Senate, or CRS, and refer only to same-Congress measures.
Identified By
CRS
Jun 08, 2017
Passed House
41
Sponsorship
House Bill 10
Financial CHOICE Act of 2017
Active
Amendments
Type
Related Bill
Related Bill
A related bill may be a companion measure, an identical bill, a procedurally-related measure, or one with text similarities. Bill relationships are identified by the House, the Senate, or CRS, and refer only to same-Congress measures.
Identified By
CRS
Actions (15)
02/05/2018
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
01/30/2018
Motion to reconsider laid on the table Agreed to without objection.
01/30/2018
On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 414 - 0 (Roll no. 50).
01/30/2018
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 414 - 0 (Roll no. 50).
01/30/2018
Considered as unfinished business. (consideration: CR H725)
01/29/2018
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
01/29/2018
DEBATE - The House proceeded with forty minutes of debate on H.R. 4292.
01/29/2018
Considered under suspension of the rules. (consideration: CR H650-652; text: CR H650-651)
01/29/2018
Mr. Tipton moved to suspend the rules and pass the bill, as amended.
12/14/2017
Placed on the Union Calendar, Calendar No. 345.
12/14/2017
Reported (Amended) by the Committee on Financial Services. H. Rept. 115-465.
11/15/2017
Ordered to be Reported (Amended) by the Yeas and Nays: 60 - 0.
11/15/2017
Committee Consideration and Mark-up Session Held.
11/07/2017
Referred to the House Committee on Financial Services.
11/07/2017
Introduced in House
Public Record
Record Updated
Jan 11, 2023 1:38:05 PM
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