Bill SponsorBILLSPONSOR
Bill Sponsor
Politicians
Bills
House Bill 4607
115th Congress(2017-2018)
Comprehensive Regulatory Review Act
Active
Amendments
Active
Passed House on Mar 6, 2018
Overview
Text
Introduced
Dec 11, 2017
Latest Action
Mar 7, 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
4607
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
Barry Loudermilk
Georgia
Democrat
Kyrsten Sinema
Arizona
Republican
Scott Tipton
Colorado
Republican
Dennis Ross
Florida
Democrat
Josh Gottheimer
New Jersey
Republican
Claudia Tenney
New York
Republican
Robert Pittenger
North Carolina
Republican
Steve Stivers
Ohio
Republican
Roger Williams
Texas
Republican
Sean Duffy
Wisconsin
House Votes (2)
Senate Votes (0)
Question
On Passage
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
Yea-And-Nay
Roll Number
95
House Roll Call Votes
Summary

Comprehensive Regulatory Review Act

This bill amends the Economic Growth and Regulatory Paperwork Reduction Act of 1996 to expand the required comprehensive review of financial regulatory requirements. Specifically, the review must be completed by the Consumer Financial Protection Bureau (CFPB) and the National Credit Union Administration, in addition to (as required under current law) the Federal Financial Institutions Examination Council, the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, and the Federal Reserve Board. The review must be performed at least every 7, rather than 10, years.

After performing the review, a regulator must consider tailoring regulations to limit specified burdens.

The bill specifies information and criteria the CFPB must use when conducting its review.

Text (4)
Referred in Senate
March 7, 2018
Engrossed in House
March 6, 2018
Reported in House
February 23, 2018
Introduced in House
December 11, 2017
Amendments (1)
Mar 06, 2018
Offered in House
0
Sponsorship
House Amendment 529
Pursuant to the provisions of H.Res. 747 the amendment in the nature of a substitute consisting of the text of Rules Committee Print 115-61, modified by the amendment printed in Part B of the report is considered as adopted.
Submitted
Related Bills (2)
May 24, 2018
Became Public Law 115-174
27
Sponsorship
Senate Bill 2155
Economic Growth, Regulatory Relief, and Consumer Protection Act
Became Law
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
Feb 27, 2018
Passed House
1
Sponsorship
House Simple Resolution 747
Providing for consideration of the bill (H.R. 4296) to place requirements on operational risk capital requirements for banking organizations established by an appropriate Federal banking agency, and providing for consideration of the bill (H.R. 4607) to amend the Economic Growth and Regulatory Paperwork Reduction Act of 1996 to ensure that Federal financial regulators perform a comprehensive review of regulations to identify outdated or otherwise unnecessary regulatory requirements imposed on covered persons, and for other purposes.
Active
Type
Procedurally-Related Measure
Procedurally-Related Measure
Legislation that affects consideration of other legislation (e.g., a rule for consideration, a bill ordered to be reported or passed in lieu of another measure). Identical bills, companion measures, and legislation with text similarities are other related bill types.
Identified By
House
Public Record
Record Updated
Jan 11, 2023 1:39:17 PM
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