3.0.0 4292 2023-01-11T13:38:05Z 2023-01-11T13:38:05Z House HR 2017-11-07 115 [Congressional Record Volume 163, Number 181 (Tuesday, November 7, 2017)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. ZELDIN:H.R. 4292.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8 of the United States Constitution.[Page H8598]]]> ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred to 2018-02-05T20:37:10Z hsba00 Financial Services Committee House Standing Reported by 2017-12-14T18:55:19Z Markup by 2017-11-15T22:33:16Z Referred to 2017-11-07T15:04:10Z H. Rept. 115-465 Interior, Environment, Financial Services and General Government, Agriculture, Rural Development, Food and Drug Administration, and Transportation, Housing and Urban Development Appropriations Act, 2019 115 6147 HR 2018-09-07 Message on Senate action sent to the House. Related bill CRS JOBS and Investor Confidence Act of 2018 115 488 S 2018-07-18 Message on House action received in Senate and at desk: House amendments to Senate bill. Related bill CRS Financial Institution Living Will Improvement Act of 2018 115 3070 S 2018-06-14 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Related bill CRS 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 2018-02-05 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 2018-01-30 15:21:37 Motion to reconsider laid on the table Agreed to without objection. Floor H38310 2 House floor actions 2018-01-30 15:21:36 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). Floor H37300 2 House floor actions 50 https://clerk.house.gov/evs/2018/roll050.xml House 115 2018-01-30T20:21:36Z 2 2018-01-30 15:21:36 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). Floor 8000 9 Library of Congress 50 https://clerk.house.gov/evs/2018/roll050.xml House 115 2018-01-30T20:21:36Z 2 2018-01-30 15:12:34 Considered as unfinished business. (consideration: CR H725) Floor H30000 2 House floor actions 2018-01-29 18:32:03 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. Floor H37220 2 House floor actions 2018-01-29 18:25:57 DEBATE - The House proceeded with forty minutes of debate on H.R. 4292. Floor H8D000 2 House floor actions 2018-01-29 18:25:56 Considered under suspension of the rules. (consideration: CR H650-652; text: CR H650-651) Floor H30000 2 House floor actions 2018-01-29 18:25:47 Mr. Tipton moved to suspend the rules and pass the bill, as amended. Floor H30300 2 House floor actions 2017-12-14 Placed on the Union Calendar, Calendar No. 345. Calendars H12410 2 House floor actions U00345 2017-12-14 Reported (Amended) by the Committee on Financial Services. H. Rept. 115-465. Committee H12200 2 House floor actions hsba00 Financial Services Committee 2017-12-14 Reported (Amended) by the Committee on Financial Services. H. Rept. 115-465. Committee 5000 9 Library of Congress hsba00 Financial Services Committee 2017-11-15 hsba00 Financial Services Committee 1 House committee actions Ordered to be Reported (Amended) by the Yeas and Nays: 60 - 0. Committee 2017-11-15 hsba00 Financial Services Committee 1 House committee actions Committee Consideration and Mark-up Session Held. Committee 2017-11-07 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2017-11-07 Introduced in House IntroReferral Intro-H 9 Library of Congress 2017-11-07 Introduced in House IntroReferral 1000 9 Library of Congress Z000017 Rep. Zeldin, Lee M. [R-NY-1] Lee Zeldin R NY M. 1 N M000087 Rep. Maloney, Carolyn B. [D-NY-12] CAROLYN MALONEY D NY B. 12 2017-11-07 True R000487 Rep. Royce, Edward R. [R-CA-39] ED ROYCE R CA 39 2017-11-14 False S001191 Rep. Sinema, Kyrsten [D-AZ-9] Kyrsten Sinema D AZ 9 2017-11-14 False 2017-12-08T20:57:00Z H.R. 4292, Financial Institution Living Will Improvement Act of 2017 https://www.cbo.gov/publication/53389 As ordered reported by the House Committee on Financial Services on November 15, 2017 Finance and Financial Sector Banking and financial institutions regulation Financial crises and stabilization Government information and archives Finance and Financial Sector 00 2017-11-07 Introduced in House 2018-06-15T20:12:13Z 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.

]]> 17 2017-12-14 Reported to House with amendment(s) 2018-06-21T14:59:05Z Financial Institution Living Will Improvement Act of 2017

This bill amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to establish 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 once every two years. (Current regulations generally require annual submission of plans.)

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

]]> 36 2018-01-30 Passed House amended 2018-06-29T19:27:45Z Financial Institution Living Will Improvement Act of 2017

(Sec. 2) This bill amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to establish 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 once every two years. (Current regulations generally require annual submission of plans.)

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

]]> Financial Institution Living Will Improvement Act of 2017 Display Title Financial Institution Living Will Improvement Act of 2017 Short Titles as Introduced Financial Institution Living Will Improvement Act of 2017 Short Titles as Reported to House Financial Institution Living Will Improvement Act of 2017 H House Short Titles as Passed House Financial Institution Living Will Improvement Act of 2017 H House Official Title as Introduced To reform the living will process under the Dodd-Frank Wall Street Reform and Consumer Protection Act. Referred in Senate 2018-02-05T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115hr4292rfs/xml/BILLS-115hr4292rfs.xml Engrossed in House 2018-01-30T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115hr4292eh/xml/BILLS-115hr4292eh.xml Reported in House 2017-12-14T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115hr4292rh/xml/BILLS-115hr4292rh.xml Introduced in House 2017-11-07T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115hr4292ih/xml/BILLS-115hr4292ih.xml 2018-02-05 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.