Senate Bill 366
115th Congress(2017-2018)
TAILOR Act of 2017
Introduced
Introduced in Senate on Feb 13, 2017
Origin Chamber
Senate
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
366
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.
No Senate votes have been held for this bill.
Summary
Taking Account of Institutions with Low Operation Risk Act of 2017 or the TAILOR Act of 2017
This bill requires federal financial regulatory agencies to: (1) in general, tailor a regulatory action so as to limit the regulatory impact and other burdens on the institutions involved, with consideration of the risk profiles and business models of those institutions; and (2) report to Congress on specific actions taken to do so, as well as on other related issues.
The bill's requirements apply not only to future regulatory actions but also to regulations adopted on or after July 21, 2010.
February 13, 2017
07/13/2017
Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-108.
06/22/2017
Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-82.
06/08/2017
Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-81.
02/13/2017
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
02/13/2017
Introduced in Senate
Public Record
Record Updated
Jan 11, 2023 1:34:47 PM