3.0.0 1116 2023-01-11T13:35:09Z 2023-01-11T13:35:09Z House HR 2017-02-16 115 [Congressional Record Volume 163, Number 28 (Thursday, February 16, 2017)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. TIPTON:H.R. 1116.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 3: ``The Congress shall havepower . . . To regulate commerce with foreign nations, andamong the several states, and with the Indian tribes.''[Page H1303]]]> ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred to 2018-03-15T15:40:19Z hsba00 Financial Services Committee House Standing Reported by 2018-03-07T00:13:13Z Markup by 2017-10-12T21:35:32Z Referred to 2017-02-16T15:12:30Z H. Rept. 115-588 Providing for consideration of the bill (H.R. 4545) to amend the Federal Financial Institutions Examination Council Act of 1978 to improve the examination of depository institutions, and for other purposes; providing for consideration of the bill (H.R. 1116) to require the Federal financial institutions regulatory agencies to take risk profiles and business models of institutions into account when taking regulatory actions, and for other purposes; and providing for consideration of the bill (H.R. 4263) to amend the Securities Act of 1933 with respect to small company capital formation, and for other purposes. 115 773 HRES 2018-03-14 Motion to reconsider laid on the table Agreed to without objection. 14:52:41 Related bill House Procedurally-related House Financial CHOICE Act of 2017 115 10 HR 2017-07-13 Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-108. Related bill CRS Interior and Environment, Agriculture and Rural Development, Commerce, Justice, Science, Financial Services and General Government, Homeland Security, Labor, Health and Human Services, Education, State and Foreign Operations, Transportation, Housing and Urban Development, Defense, Military Construction and Veterans Affairs, Legislative Branch, and Energy and Water Development Appropriations Act, 2018 115 3354 HR 2017-09-27 Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 230. Related bill CRS Financial Services and General Government Appropriations Act, 2018 115 3280 HR 2017-07-26 Committee on Appropriations Senate Subcommittee on Financial Services and General Government. Hearings held on the subject prior to measure being received from the House. Hearings printed: S. Hrg. 115-191. Related bill CRS 2018-03-15 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2018-03-14 17:46:45 Motion to reconsider laid on the table Agreed to without objection. Floor H38310 2 House floor actions 2018-03-14 17:46:41 On passage Passed by the Yeas and Nays: 247 - 169 (Roll no. 108). (text: CR H1576) Floor H37100 2 House floor actions 108 https://clerk.house.gov/evs/2018/roll108.xml House 115 2018-03-14T21:46:41Z 2 2018-03-14 17:46:41 Passed/agreed to in House: On passage Passed by the Yeas and Nays: 247 - 169 (Roll no. 108).(text: CR H1576) Floor 8000 9 Library of Congress 108 https://clerk.house.gov/evs/2018/roll108.xml House 115 2018-03-14T21:46:41Z 2 2018-03-14 17:38:16 On motion to recommit with instructions Failed by the Yeas and Nays: 182 - 232 (Roll no. 107). Floor H36110 2 House floor actions hsba00 Financial Services Committee 107 https://clerk.house.gov/evs/2018/roll107.xml House 115 2018-03-14T21:38:16Z 2 2018-03-14 17:13:33 The previous question on the motion to recommit with instructions was ordered without objection. Floor H8A000 2 House floor actions 2018-03-14 17:03:17 DEBATE - The House proceeded with 10 minutes of debate on the motion to recommit with instructions. The instructions contained in the motion seek to require the bill to be reported back to the House with an amendment to insert on page 3, line 22 ", unless such tailoring is done at the request of and for the personal gain of the President, his or her immediate family members, or senior Executive Branch officials who are required to file annual financial disclosure forms, or is otherwise determined inappropriate by the appropriate Federal financial regulator" before the period at the end. Floor H8D000 2 House floor actions 2018-03-14 17:03:06 Mr. Connolly moved to recommit with instructions to the Committee on Financial Services. (text: CR H1583) Floor H36100 2 House floor actions hsba00 Financial Services Committee 2018-03-14 17:02:31 The previous question was ordered pursuant to the rule. Floor H35000 2 House floor actions 2018-03-14 16:00:59 DEBATE - The House proceeded with one hour of debate on H.R. 1116. Floor H8D000 2 House floor actions 2018-03-14 16:00:10 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. Floor H8D000 2 House floor actions 2018-03-14 16:00:05 Considered under the provisions of rule H. Res. 773. (consideration: CR H1576-1585) Floor H30000 2 House floor actions 2018-03-13 18:45:28 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. Floor H1L210 2 House floor actions 2018-03-06 Placed on the Union Calendar, Calendar No. 446. Calendars H12410 2 House floor actions U00446 2018-03-06 Reported by the Committee on Financial Services. H. Rept. 115-588. Committee H12200 2 House floor actions hsba00 Financial Services Committee 2018-03-06 Reported by the Committee on Financial Services. H. Rept. 115-588. Committee 5000 9 Library of Congress hsba00 Financial Services Committee 2017-10-12 hsba00 Financial Services Committee 1 House committee actions Ordered to be Reported by the Yeas and Nays: 39 - 21. Committee 2017-10-12 hsba00 Financial Services Committee 1 House committee actions Committee Consideration and Mark-up Session Held. Committee 2017-10-11 hsba00 Financial Services Committee 1 House committee actions Committee Consideration and Mark-up Session Held. Committee 2017-02-16 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2017-02-16 Introduced in House IntroReferral Intro-H 9 Library of Congress 2017-02-16 Introduced in House IntroReferral 1000 9 Library of Congress T000470 Rep. Tipton, Scott R. [R-CO-3] Scott Tipton R CO R. 3 N P000606 Rep. Pittenger, Robert [R-NC-9] Robert Pittenger R NC 9 2017-02-16 True R000487 Rep. Royce, Edward R. [R-CA-39] ED ROYCE R CA 39 2017-02-16 True P000599 Rep. Posey, Bill [R-FL-8] Bill Posey R FL 8 2017-02-16 True W000816 Rep. Williams, Roger [R-TX-25] Roger Williams R TX 25 2017-02-16 True L000584 Rep. Love, Mia B. [R-UT-4] Mia Love R UT B. 4 2017-02-16 True L000583 Rep. Loudermilk, Barry [R-GA-11] Barry Loudermilk R GA 11 2017-02-16 True T000475 Rep. Trott, David A. [R-MI-11] David Trott R MI A. 11 2017-02-16 True B001282 Rep. Barr, Andy [R-KY-6] Andy Barr R KY 6 2017-02-16 True K000362 Rep. King, Steve [R-IA-4] Steve King R IA 4 2017-03-08 False R000593 Rep. Ross, Dennis A. [R-FL-15] Dennis Ross R FL A. 15 2017-03-08 False T000478 Rep. Tenney, Claudia [R-NY-22] Claudia Tenney R NY 22 2017-03-08 False L000566 Rep. Latta, Robert E. [R-OH-5] Robert Latta R OH E. 5 2017-03-08 False P000611 Rep. Poliquin, Bruce [R-ME-2] Bruce Poliquin R ME 2 2017-03-16 False L000491 Rep. Lucas, Frank D. [R-OK-3] FRANK LUCAS R OK D. 3 2017-03-16 False S000051 Rep. Sanford, Mark [R-SC-1] Mark Sanford R SC 1 2017-03-16 False H001059 Rep. Hultgren, Randy [R-IL-14] Randy Hultgren R IL 14 2017-03-21 False H001045 Rep. Harper, Gregg [R-MS-3] Gregg Harper R MS 3 2017-03-21 False K000388 Rep. Kelly, Trent [R-MS-1] Trent Kelly R MS 1 2017-03-21 False J000297 Rep. Jenkins, Evan H. [R-WV-3] Evan Jenkins R WV H. 3 2017-03-22 False P000258 Rep. Peterson, Collin C. [D-MN-7] COLLIN PETERSON D MN C. 7 2017-03-22 False M001198 Rep. Marshall, Roger [R-KS-1] Roger Marshall R KS 1 2017-03-22 False M001180 Rep. McKinley, David B. [R-WV-1] David McKinley R WV B. 1 2017-03-22 False C001096 Rep. Cramer, Kevin [R-ND-At Large] Kevin Cramer R ND 0 2017-03-22 False R000586 Rep. Renacci, James B. [R-OH-16] James Renacci R OH B. 16 2017-03-22 False B001250 Rep. Bishop, Rob [R-UT-1] Rob Bishop R UT 1 2017-03-23 False B001298 Rep. Bacon, Don [R-NE-2] Don Bacon R NE 2 2017-03-23 False E000294 Rep. Emmer, Tom [R-MN-6] Tom Emmer R MN 6 2017-03-28 False L000587 Rep. Lewis, Jason [R-MN-2] Jason Lewis R MN 2 2017-04-03 False K000210 Rep. King, Peter T. [R-NY-2] PETER KING R NY T. 2 2017-04-03 False A000375 Rep. Arrington, Jodey C. [R-TX-19] Jodey Arrington R TX C. 19 2017-04-03 False D000621 Rep. DeSantis, Ron [R-FL-6] Ron DeSantis R FL 6 2017-04-03 False W000804 Rep. Wittman, Robert J. [R-VA-1] Robert Wittman R VA J. 1 2017-04-05 False W000799 Rep. Walz, Timothy J. [D-MN-1] Timothy Walz D MN J. 1 2017-04-05 False C001077 Rep. Coffman, Mike [R-CO-6] Mike Coffman R CO 6 2017-04-26 False Y000066 Rep. Young, David [R-IA-3] David Young R IA 3 2017-04-26 False N000184 Rep. Noem, Kristi L. [R-SD-At Large] Kristi Noem R SD L. 0 2017-04-26 False J000292 Rep. Johnson, Bill [R-OH-6] Bill Johnson R OH 6 2017-04-26 False P000594 Rep. Paulsen, Erik [R-MN-3] Erik Paulsen R MN 3 2017-04-26 False V000132 Rep. Vela, Filemon [D-TX-34] Filemon Vela D TX 34 2017-05-02 False C000266 Rep. Chabot, Steve [R-OH-1] STEVE CHABOT R OH 1 2017-05-02 False G000579 Rep. Gallagher, Mike [R-WI-8] Mike Gallagher R WI 8 2017-05-17 False B001291 Rep. Babin, Brian [R-TX-36] Brian Babin R TX 36 2017-05-19 False B001283 Rep. Bridenstine, Jim [R-OK-1] Jim Bridenstine R OK 1 2017-05-19 False B001295 Rep. Bost, Mike [R-IL-12] Mike Bost R IL 12 2017-05-19 False B001297 Rep. Buck, Ken [R-CO-4] Ken Buck R CO 4 2017-05-25 False W000812 Rep. Wagner, Ann [R-MO-2] Ann Wagner R MO 2 2017-05-25 False R000598 Rep. Rothfus, Keith J. [R-PA-12] Keith Rothfus R PA J. 12 2017-05-25 False S000250 Rep. Sessions, Pete [R-TX-32] PETE SESSIONS R TX 32 2017-05-25 False H001074 Rep. Hollingsworth, Trey [R-IN-9] Trey Hollingsworth R IN 9 2017-05-25 False S000583 Rep. Smith, Lamar [R-TX-21] LAMAR SMITH R TX 21 2017-05-25 False F000460 Rep. Farenthold, Blake [R-TX-27] Blake Farenthold R TX 27 2017-05-25 False O000168 Rep. Olson, Pete [R-TX-22] Pete Olson R TX 22 2017-06-06 False M001193 Rep. MacArthur, Thomas [R-NJ-3] Thomas MacArthur R NJ 3 2017-06-07 False G000576 Rep. Grothman, Glenn [R-WI-6] Glenn Grothman R WI 6 2017-06-21 False C001105 Rep. Comstock, Barbara [R-VA-10] Barbara Comstock R VA 10 2017-06-21 False G000558 Rep. Guthrie, Brett [R-KY-2] Brett Guthrie R KY 2 2017-06-21 False G000565 Rep. Gosar, Paul A. [R-AZ-4] Paul Gosar R AZ A. 4 2017-06-21 False J000290 Rep. Jenkins, Lynn [R-KS-2] Lynn Jenkins R KS 2 2017-06-21 False S000244 Rep. Sensenbrenner, F. James, Jr. [R-WI-5] F. SENSENBRENNER R WI JAMES 5 2017-06-22 False M001190 Rep. Mullin, Markwayne [R-OK-2] Markwayne Mullin R OK 2 2017-06-22 False R000597 Rep. Rice, Tom [R-SC-7] Tom Rice R SC 7 2017-06-22 False R000592 Rep. Rokita, Todd [R-IN-4] Todd Rokita R IN 4 2017-06-22 False R000604 Rep. Russell, Steve [R-OK-5] Steve Russell R OK 5 2017-06-22 False D000615 Rep. Duncan, Jeff [R-SC-3] Jeff Duncan R SC 3 2017-06-26 False W000820 Rep. Walters, Mimi [R-CA-45] Mimi Walters R CA 45 2017-06-26 False W000806 Rep. Webster, Daniel [R-FL-11] Daniel Webster R FL 11 2017-06-26 False S001148 Rep. Simpson, Michael K. [R-ID-2] MICHAEL SIMPSON R ID K. 2 2017-06-26 False D000616 Rep. DesJarlais, Scott [R-TN-4] Scott DesJarlais R TN 4 2017-06-26 False D000619 Rep. Davis, Rodney [R-IL-13] Rodney Davis R IL 13 2017-06-26 False M001189 Rep. Messer, Luke [R-IN-6] Luke Messer R IN 6 2017-06-26 False T000463 Rep. Turner, Michael R. [R-OH-10] Michael Turner R OH R. 10 2017-06-26 False S001187 Rep. Stivers, Steve [R-OH-15] Steve Stivers R OH 15 2017-06-27 False L000564 Rep. Lamborn, Doug [R-CO-5] Doug Lamborn R CO 5 2017-06-27 False W000798 Rep. Walberg, Tim [R-MI-7] Tim Walberg R MI 7 2017-06-27 False M001179 Rep. Marino, Tom [R-PA-10] Tom Marino R PA 10 2017-06-27 False T000462 Rep. Tiberi, Patrick J. [R-OH-12] PATRICK TIBERI R OH J. 12 2017-06-27 False D000533 Rep. Duncan, John J., Jr. [R-TN-2] JOHN DUNCAN R TN J. 2 2017-06-27 False F000449 Rep. Fortenberry, Jeff [R-NE-1] Jeff Fortenberry R NE 1 2017-06-27 False J000295 Rep. Joyce, David P. [R-OH-14] David Joyce R OH P. 14 2017-06-29 False C001092 Rep. Collins, Chris [R-NY-27] Chris Collins R NY 27 2017-07-18 False W000809 Rep. Womack, Steve [R-AR-3] Steve Womack R AR 3 2017-07-18 False G000577 Rep. Graves, Garret [R-LA-6] Garret Graves R LA 6 2017-07-19 False P000593 Rep. Perlmutter, Ed [D-CO-7] Ed Perlmutter D CO 7 2017-09-28 False C001053 Rep. Cole, Tom [R-OK-4] Tom Cole R OK 4 2017-10-03 False G000583 Rep. Gottheimer, Josh [D-NJ-5] Josh Gottheimer D NJ 5 2017-10-12 False 2017-12-13T14:04:59Z H.R. 1116, TAILOR Act of 2017 https://www.cbo.gov/publication/53405 As ordered reported by the House Committee on Financial Services on October 12, 2017 Finance and Financial Sector Administrative law and regulatory procedures Banking and financial institutions regulation Congressional oversight Consumer Financial Protection Bureau Department of the Treasury Federal Deposit Insurance Corporation (FDIC) Federal Reserve System National Credit Union Administration Finance and Financial Sector 00 2017-02-16 Introduced in House 2017-09-11T17:49:33Z 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) tailor any regulatory actions so as to limit 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 tailoring requirement applies not only to future regulatory actions but also to regulations adopted within the last seven years.

]]> 79 2018-03-06 Reported to House without amendment 2018-03-09T19:00:21Z (This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)

Taking Account of Institutions with Low Operation Risk Act of 2017 or the TAILOR Act of 2017

(Sec. 2) This bill requires federal financial regulatory agencies to: (1) tailor any regulatory actions so as to limit 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 tailoring requirement applies not only to future regulatory actions but also to regulations adopted within the last seven years.

]]> 36 2018-03-14 Passed House amended 2018-03-20T16:56:32Z Taking Account of Institutions with Low Operation Risk Act of 2017 or the TAILOR Act of 2017

(Sec. 2) This bill requires federal financial regulatory agencies to: (1) tailor any regulatory actions so as to limit 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 tailoring requirement applies not only to future regulatory actions but also to regulations adopted within the last seven years.

(Sec. 3) The bill amends the Federal Reserve Act to lower the maximum allowable amount of surplus funds of the Federal Reserve banks.

]]> Taking Account of Institutions with Low Operation Risk Act of 2017 Display Title Taking Account of Institutions with Low Operation Risk Act of 2017 Official Title as Introduced To require the Federal financial institutions regulatory agencies to take risk profiles and business models of institutions into account when taking regulatory actions, and for other purposes. Introduced in House IH Short Titles as Reported to House TAILOR Act of 2017 H House Short Titles as Reported to House Taking Account of Institutions with Low Operation Risk Act of 2017 H House Short Titles as Introduced TAILOR Act of 2017 Short Titles as Passed House Taking Account of Institutions with Low Operation Risk Act of 2017 H House Short Titles as Passed House TAILOR Act of 2017 H House Short Titles as Introduced Taking Account of Institutions with Low Operation Risk Act of 2017 532 115 HAMDT Pursuant to the provisions of H.Res. 773, the amendment printed in part C of the report of the Committee on Rules accompanying the resolution shall be adopted. Pursuant to the provisions of H.Res. 773, the amendment printed in part C of the report of the Committee on Rules accompanying the resolution shall be adopted. 2020-12-15T16:33:32Z Rules Committee 2018-03-14T04:00:00Z House of Representatives 115 HR House H 1116 Taking Account of Institutions with Low Operation Risk Act of 2017 2023-01-11T13:35:09Z H.Res. 773 https://www.congress.gov/bill/115th-congress/house-resolution/773 2 2018-03-14 House amendment offered Floor 71000 9 Library of Congress Referred in Senate 2018-03-15T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115hr1116rfs/xml/BILLS-115hr1116rfs.xml Engrossed in House 2018-03-14T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115hr1116eh/xml/BILLS-115hr1116eh.xml Reported in House 2018-03-06T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115hr1116rh/xml/BILLS-115hr1116rh.xml Introduced in House 2017-02-16T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115hr1116ih/xml/BILLS-115hr1116ih.xml 2018-03-15 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.