Bill Sponsor
House Bill 4545
115th Congress(2017-2018)
Financial Institutions Examination Fairness and Reform Act
Active
Amendments
Active
Passed House on Mar 15, 2018
Overview
Text
Introduced
Dec 4, 2017
Latest Action
Mar 19, 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
4545
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
Colorado
Democrat
New Jersey
Republican
New York
Republican
North Carolina
Republican
Oklahoma
House Votes (1)
Senate Votes (0)
checkPassed on March 15, 2018
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
112
House Roll Call Votes
Summary

Financial Institutions Examination Fairness and Reform Act

This bill amends the Federal Financial Institutions Examination Council Act of 1978 to:  

  • set deadlines for final examination reports and exit interviews of a financial institution by a federal financial regulatory agency, and
  • establish the Office of Independent Examination Review to adjudicate appeals and investigate complaints from financial institutions concerning examination reports.

The bill also requires the establishment of an independent internal agency appellate process at the Consumer Financial Protection Bureau (CFPB) for the review of supervisory determinations made at institutions supervised by the CFPB.

Text (4)
March 19, 2018
March 15, 2018
March 6, 2018
December 4, 2017
Amendments (2)
Mar 15, 2018
Not Agreed to in House
1
Sponsorship
House Amendment 534
Amendment sought to narrow the applicability of the bill's additional appeal process from applying to all financial institutions regardless of their size, including global banks and payday lenders, to only small, community banks and credit unions with less than $10 billion in assets.
Active
Mar 15, 2018
Offered in House
0
Sponsorship
House Amendment 533
Pursuant to the provisions of H.Res. 773, the amendment printed in Part A of the Rules Committee report is considered as adopted.
Submitted
Actions (20)
03/19/2018
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
03/15/2018
Motion to reconsider laid on the table Agreed to without objection.
03/15/2018
On passage Passed by the Yeas and Nays: 283 - 133 (Roll no. 112).
03/15/2018
Passed/agreed to in House: On passage Passed by the Yeas and Nays: 283 - 133 (Roll no. 112).
03/15/2018
Considered as unfinished business. (consideration: CR H1642-1643)
03/15/2018
POSTPONED PROCEEDINGS - At the conclusion of debate on the Maxine Waters amendment, the Chair put the question on adoption of the amendment and by voice vote announced that the noes had prevailed. Ms. Waters demanded the yeas and nays, and the Chair postponed further proceedings on the question of adoption of the amendment until a time to be announced.
03/15/2018
The previous question was ordered on the amendment and the bill without objection.
03/15/2018
DEBATE - Pursuant to the provisions of H.Res. 773, the House proceeded with 10 minutes of debate on the Waters Part B amendment No. 1.
03/15/2018
DEBATE - The House proceeded with one hour of debate on H.R. 4545.
03/15/2018
Rule provides for consideration of H.R. 4545, H.R. 1116 and H.R. 4263. Rule provides for consideration of H.R. 4545 under a structured rule, and makes in order amendments printed in the report, with one motion to recommit with or without instructions. Rule also provides for consideration of H.R. 1116 and H.R. 4263 under closed rules. The rule provides for one hour of debate equally divided and controlled by the Chair and Ranking Minority Member of the Committee on Financial Services for each measure, and one motion to recommit with or without instructions for each measure.
03/15/2018
Considered under the provisions of rule H. Res. 773. (consideration: CR H1624-1634; text of measure as reported in House: CR H1624-1625)
03/15/2018
ORDER OF BUSINESS - Mr. Hensarling asked unanimous consent that the question of adopting amendment No. 1 printed in Part B of House Report 115-595 to H.R.4545 may be subject to postponement as though under clause 8 of rule 20. Agreed to without objection.
03/13/2018
Rules Committee Resolution H. Res. 773 Reported to House. Rule provides for consideration of H.R. 4545, H.R. 1116 and H.R. 4263. Rule provides for consideration of H.R. 4545 under a structured rule, and makes in order amendments printed in the report, with one motion to recommit with or without instructions. Rule also provides for consideration of H.R. 1116 and H.R. 4263 under closed rules. The rule provides for one hour of debate equally divided and controlled by the Chair and Ranking Minority Member of the Committee on Financial Services for each measure, and one motion to recommit with or without instructions for each measure.
03/06/2018
Placed on the Union Calendar, Calendar No. 447.
03/06/2018
Reported by the Committee on Financial Services. H. Rept. 115-589.
12/13/2017
Ordered to be Reported by the Yeas and Nays: 50 - 10.
12/13/2017
Committee Consideration and Mark-up Session Held.
12/12/2017
Committee Consideration and Mark-up Session Held.
12/04/2017
Referred to the House Committee on Financial Services.
12/04/2017
Introduced in House
Public Record
Record Updated
Jan 11, 2023 1:39:18 PM