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    <number>4607</number>
    <updateDate>2023-01-11T13:39:17Z</updateDate>
    <updateDateIncludingText>2023-01-11T13:39:17Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <type>HR</type>
    <introducedDate>2017-12-11</introducedDate>
    <congress>115</congress>
    <constitutionalAuthorityStatementText><![CDATA[<pre>[Congressional Record Volume 163, Number 201 (Monday, December 11, 2017)]From the Congressional Record Online through the Government Publishing Office [<a href='http://www.gpo.gov'>www.gpo.gov</a>]By Mr. LOUDERMILK:H.R. 4607.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8 of the Constitution.[Page H9789]</pre>]]></constitutionalAuthorityStatementText>
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        <name>Banking, Housing, and Urban Affairs Committee</name>
        <chamber>Senate</chamber>
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        <citation>H. Rept. 115-573</citation>
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        <title>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Act of 1996 to ensure that Federal financial regulators perform a comprehensive review of regulations to identify outdated or otherwise unnecessary regulatory requirements imposed on covered persons, and for other purposes.</title>
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        <number>747</number>
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          <text>Motion to reconsider laid on the table Agreed to without objection.</text>
          <actionTime>14:06:42</actionTime>
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        <number>2155</number>
        <type>S</type>
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          <actionDate>2018-05-24</actionDate>
          <text>Became Public Law No: 115-174.</text>
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        <text>Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.</text>
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        <actionTime>16:26:19</actionTime>
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        <actionDate>2018-03-06</actionDate>
        <actionTime>16:26:18</actionTime>
        <text>On passage Passed by the Yeas and Nays: 264 - 143 (Roll no. 95). (text: CR H1382-1383)</text>
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        <actionDate>2018-03-06</actionDate>
        <actionTime>16:26:18</actionTime>
        <text>Passed/agreed to in House: On passage Passed by the Yeas and Nays: 264 - 143 (Roll no. 95).(text: CR H1382-1383)</text>
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      <item>
        <actionDate>2018-03-06</actionDate>
        <actionTime>16:18:30</actionTime>
        <text>On motion to recommit with instructions Failed by the Yeas and Nays: 182 - 228 (Roll no. 94).</text>
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        <actionCode>H36110</actionCode>
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        <actionDate>2018-03-06</actionDate>
        <actionTime>15:52:03</actionTime>
        <text>Considered as unfinished business. (consideration: CR H1420-1421)</text>
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        <actionDate>2018-03-06</actionDate>
        <actionTime>13:30:44</actionTime>
        <text>POSTPONED PROCEEDINGS - At the conclusion of debate on the Clark (MA) motion to recommit, the Chair put the question on adoption of the motion and by voice vote, announced the noes had prevailed. Ms. Clark (MA) demanded the yeas and nays and the Chair postponed further proceedings on the motion to recommit until later in the legislative day.</text>
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          <name>House floor actions</name>
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      <item>
        <actionDate>2018-03-06</actionDate>
        <actionTime>13:30:12</actionTime>
        <text>The previous question on the motion to recommit with instructions was ordered without objection.</text>
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        <actionCode>H8A000</actionCode>
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          <code>2</code>
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        <actionDate>2018-03-06</actionDate>
        <actionTime>13:23:44</actionTime>
        <text>DEBATE - The House proceeded with 10 minutes of debate on the Clark (MA) motion to recommit with instructions pending a reservation of a point of order. The instructions contained in the motion seek to require the bill to be reported back to the House with an amendment to strike on Page 3, line 21 the language "otherwise determined" and insert "such action is 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 other determined inappropriate". Subsequently, the point of order was withdrawn.</text>
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          <code>2</code>
          <name>House floor actions</name>
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      <item>
        <actionDate>2018-03-06</actionDate>
        <actionTime>13:23:29</actionTime>
        <text>Ms. Clark (MA) moved to recommit with instructions to the Committee on Financial Services. (text: CR H1389)</text>
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          <code>2</code>
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          <item>
            <systemCode>hsba00</systemCode>
            <name>Financial Services Committee</name>
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        </committees>
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      <item>
        <actionDate>2018-03-06</actionDate>
        <actionTime>13:22:43</actionTime>
        <text>The previous question was ordered pursuant to the rule.</text>
        <type>Floor</type>
        <actionCode>H35000</actionCode>
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          <code>2</code>
          <name>House floor actions</name>
        </sourceSystem>
      </item>
      <item>
        <actionDate>2018-03-06</actionDate>
        <actionTime>12:28:42</actionTime>
        <text>DEBATE - The House proceeded with one hour of debate on H.R. 4607.</text>
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      <item>
        <actionDate>2018-03-06</actionDate>
        <actionTime>12:27:46</actionTime>
        <text>Rule provides for consideration of H.R. 4296 and H.R. 4607. Rule provides for consideration of H.R. 4296 and H.R. 4607 under closed rules with one hour of debate equally divided and controlled by the Chair and Ranking Member of the Committee on Financial Services for each measure.</text>
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        <actionCode>H8D000</actionCode>
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          <name>House floor actions</name>
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      <item>
        <actionDate>2018-03-06</actionDate>
        <actionTime>12:27:41</actionTime>
        <text>Considered under the provisions of rule H. Res. 747. (consideration: CR H1382-1389)</text>
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        <actionCode>H30000</actionCode>
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          <code>2</code>
          <name>House floor actions</name>
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      <item>
        <actionDate>2018-02-27</actionDate>
        <actionTime>14:06:41</actionTime>
        <text>Rule H. Res. 747 passed House.</text>
        <type>Floor</type>
        <actionCode>H1L220</actionCode>
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          <code>2</code>
          <name>House floor actions</name>
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        <actionDate>2018-02-26</actionDate>
        <actionTime>19:21:28</actionTime>
        <text>Rules Committee Resolution H. Res. 747 Reported to House. Rule provides for consideration of H.R. 4296 and H.R. 4607. Rule provides for consideration of H.R. 4296 and H.R. 4607 under closed rules with one hour of debate equally divided and controlled by the Chair and Ranking Member of the Committee on Financial Services for each measure.</text>
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        <actionCode>H1L210</actionCode>
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          <code>2</code>
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      <item>
        <actionDate>2018-02-23</actionDate>
        <text>Placed on the Union Calendar, Calendar No. 433.</text>
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        <calendarNumber>
          <calendar>U00433</calendar>
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        <actionDate>2018-02-23</actionDate>
        <text>Reported by the Committee on Financial Services. H. Rept. 115-573.</text>
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        <actionDate>2018-02-23</actionDate>
        <text>Reported by the Committee on Financial Services. H. Rept. 115-573.</text>
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            <systemCode>hsba00</systemCode>
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        <actionDate>2018-01-18</actionDate>
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            <systemCode>hsba00</systemCode>
            <name>Financial Services Committee</name>
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        <text>Ordered to be Reported by the Yeas and Nays: 38 - 17.</text>
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        <actionDate>2018-01-18</actionDate>
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        <text>Committee Consideration and Mark-up Session Held.</text>
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        <actionDate>2018-01-17</actionDate>
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        <text>Committee Consideration and Mark-up Session Held.</text>
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        <actionDate>2017-12-11</actionDate>
        <text>Referred to the House Committee on Financial Services.</text>
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      <item>
        <bioguideId>L000583</bioguideId>
        <fullName>Rep. Loudermilk, Barry [R-GA-11]</fullName>
        <firstName>Barry</firstName>
        <lastName>Loudermilk</lastName>
        <party>R</party>
        <state>GA</state>
        <district>11</district>
        <isByRequest>N</isByRequest>
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        <bioguideId>G000583</bioguideId>
        <fullName>Rep. Gottheimer, Josh [D-NJ-5]</fullName>
        <firstName>Josh</firstName>
        <lastName>Gottheimer</lastName>
        <party>D</party>
        <state>NJ</state>
        <district>5</district>
        <sponsorshipDate>2017-12-11</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
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      <item>
        <bioguideId>D000614</bioguideId>
        <fullName>Rep. Duffy, Sean P. [R-WI-7]</fullName>
        <firstName>Sean</firstName>
        <lastName>Duffy</lastName>
        <party>R</party>
        <state>WI</state>
        <middleName>P.</middleName>
        <district>7</district>
        <sponsorshipDate>2017-12-11</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
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        <bioguideId>W000816</bioguideId>
        <fullName>Rep. Williams, Roger [R-TX-25]</fullName>
        <firstName>Roger</firstName>
        <lastName>Williams</lastName>
        <party>R</party>
        <state>TX</state>
        <district>25</district>
        <sponsorshipDate>2018-01-09</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
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      <item>
        <bioguideId>T000470</bioguideId>
        <fullName>Rep. Tipton, Scott  R. [R-CO-3]</fullName>
        <firstName>Scott</firstName>
        <lastName>Tipton</lastName>
        <party>R</party>
        <state>CO</state>
        <middleName>R.</middleName>
        <district>3</district>
        <sponsorshipDate>2018-01-09</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>S001191</bioguideId>
        <fullName>Rep. Sinema, Kyrsten [D-AZ-9]</fullName>
        <firstName>Kyrsten</firstName>
        <lastName>Sinema</lastName>
        <party>D</party>
        <state>AZ</state>
        <district>9</district>
        <sponsorshipDate>2018-01-16</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
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      <item>
        <bioguideId>T000478</bioguideId>
        <fullName>Rep. Tenney, Claudia [R-NY-22]</fullName>
        <firstName>Claudia</firstName>
        <lastName>Tenney</lastName>
        <party>R</party>
        <state>NY</state>
        <district>22</district>
        <sponsorshipDate>2018-01-18</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
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      <item>
        <bioguideId>S001187</bioguideId>
        <fullName>Rep. Stivers, Steve [R-OH-15]</fullName>
        <firstName>Steve</firstName>
        <lastName>Stivers</lastName>
        <party>R</party>
        <state>OH</state>
        <district>15</district>
        <sponsorshipDate>2018-01-18</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
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        <bioguideId>P000606</bioguideId>
        <fullName>Rep. Pittenger, Robert [R-NC-9]</fullName>
        <firstName>Robert</firstName>
        <lastName>Pittenger</lastName>
        <party>R</party>
        <state>NC</state>
        <district>9</district>
        <sponsorshipDate>2018-01-18</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>R000593</bioguideId>
        <fullName>Rep. Ross, Dennis A. [R-FL-15]</fullName>
        <firstName>Dennis</firstName>
        <lastName>Ross</lastName>
        <party>R</party>
        <state>FL</state>
        <middleName>A.</middleName>
        <district>15</district>
        <sponsorshipDate>2018-01-18</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
    </cosponsors>
    <cboCostEstimates>
      <item>
        <pubDate>2018-02-22T16:00:23Z</pubDate>
        <title>H.R. 4607, Comprehensive Regulatory Review Act</title>
        <url>https://www.cbo.gov/publication/53608</url>
        <description>As ordered reported by the House Committee on Financial Services on January 18, 2018</description>
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    </cboCostEstimates>
    <policyArea>
      <name>Finance and Financial Sector</name>
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    <subjects>
      <legislativeSubjects>
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          <name>Administrative law and regulatory procedures</name>
        </item>
        <item>
          <name>Banking and financial institutions regulation</name>
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          <name>Consumer Financial Protection Bureau</name>
        </item>
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          <name>Consumer credit</name>
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          <name>Department of the Treasury</name>
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          <name>Federal Deposit Insurance Corporation (FDIC)</name>
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        <item>
          <name>National Credit Union Administration</name>
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    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2017-12-11</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2018-02-23T16:21:02Z</updateDate>
        <text><![CDATA[ <p><b>Comprehensive Regulatory Review Act</b></p> <p>This bill amends the Economic Growth and Regulatory Paperwork Reduction Act of 1996 to expand&nbsp;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,&nbsp;years.</p> <p>After performing the review, a regulator must consider&nbsp;tailoring regulations to limit&nbsp;specified burdens.</p> <p>The bill specifies information and criteria the CFPB must use when conducting its review. </p>]]></text>
      </summary>
      <summary>
        <versionCode>79</versionCode>
        <actionDate>2018-02-23</actionDate>
        <actionDesc>Reported to House without amendment</actionDesc>
        <updateDate>2018-02-27T22:32:27Z</updateDate>
        <text><![CDATA[ <p>(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)</p> <p><b>Comprehensive Regulatory Review Act</b></p> <p>(Sec. 2) This bill amends the Economic Growth and Regulatory Paperwork Reduction Act of 1996 to expand&nbsp;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.</p> <p>(Sec. 3) The review must be performed at least every 7, rather than 10,&nbsp;years.</p> <p>(Sec. 4) After performing the review, a regulator must consider&nbsp;tailoring regulations to limit&nbsp;specified burdens.</p> <p>(Sec. 5) The bill specifies information and criteria the CFPB must use when conducting its review. </p>]]></text>
      </summary>
      <summary>
        <versionCode>36</versionCode>
        <actionDate>2018-03-06</actionDate>
        <actionDesc>Passed House amended</actionDesc>
        <updateDate>2018-03-20T13:42:14Z</updateDate>
        <text><![CDATA[ <p><b>Comprehensive Regulatory Review Act</b></p> <p>(Sec. 2) This bill amends the Economic Growth and Regulatory Paperwork Reduction Act of 1996 to expand&nbsp;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.</p> <p>(Sec. 3) The review must be performed at least every 7, rather than 10,&nbsp;years.</p> <p>(Sec. 4) After performing the review, a regulator must consider&nbsp;tailoring regulations to limit&nbsp;specified burdens.</p> <p>(Sec. 5) The bill specifies information and criteria the CFPB must use when conducting its review. </p> <p>(Sec. 6) The bill amends the Federal Reserve Act to lower the maximum allowable amount of surplus funds of the Federal Reserve banks.</p>]]></text>
      </summary>
    </summaries>
    <title>Comprehensive Regulatory Review Act</title>
    <titles>
      <item>
        <titleType>Display Title</titleType>
        <title>Comprehensive Regulatory Review Act</title>
      </item>
      <item>
        <titleType>Short Titles as Introduced</titleType>
        <title>Comprehensive Regulatory Review Act</title>
      </item>
      <item>
        <titleType>Short Titles as Reported to House</titleType>
        <title>Comprehensive Regulatory Review Act</title>
        <chamberCode>H</chamberCode>
        <chamberName>House</chamberName>
      </item>
      <item>
        <titleType>Short Titles as Passed House</titleType>
        <title>Comprehensive Regulatory Review Act</title>
        <chamberCode>H</chamberCode>
        <chamberName>House</chamberName>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>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.</title>
      </item>
    </titles>
    <amendments>
      <amendment>
        <number>529</number>
        <congress>115</congress>
        <type>HAMDT</type>
        <description>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.</description>
        <purpose>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.</purpose>
        <updateDate>2020-12-15T16:33:32Z</updateDate>
        <sponsors>
          <item>
            <name>Rules Committee</name>
          </item>
        </sponsors>
        <submittedDate>2018-03-06T05:00:00Z</submittedDate>
        <chamber>House of Representatives</chamber>
        <amendedBill>
          <congress>115</congress>
          <type>HR</type>
          <originChamber>House</originChamber>
          <originChamberCode>H</originChamberCode>
          <number>4607</number>
          <title>Comprehensive Regulatory Review Act</title>
          <updateDateIncludingText>2023-01-11T13:39:17Z</updateDateIncludingText>
        </amendedBill>
        <links>
          <link>
            <name>Committee Print 115-61</name>
            <url>https://www.congress.gov/committee-print/115th-congress/house-committee-print/28718</url>
          </link>
          <link>
            <name>H.Res. 747</name>
            <url>https://www.congress.gov/bill/115th-congress/house-resolution/747</url>
          </link>
        </links>
        <actions>
          <count>2</count>
          <actions>
            <item>
              <actionDate>2018-03-06</actionDate>
              <text>House amendment offered</text>
              <type>Floor</type>
              <actionCode>71000</actionCode>
              <sourceSystem>
                <code>9</code>
                <name>Library of Congress</name>
              </sourceSystem>
            </item>
          </actions>
        </actions>
      </amendment>
    </amendments>
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      <item>
        <type>Referred in Senate</type>
        <date>2018-03-07T05:00:00Z</date>
        <formats>
          <item>
            <url>https://www.govinfo.gov/content/pkg/BILLS-115hr4607rfs/xml/BILLS-115hr4607rfs.xml</url>
          </item>
        </formats>
      </item>
      <item>
        <type>Engrossed in House</type>
        <date>2018-03-06T05:00:00Z</date>
        <formats>
          <item>
            <url>https://www.govinfo.gov/content/pkg/BILLS-115hr4607eh/xml/BILLS-115hr4607eh.xml</url>
          </item>
        </formats>
      </item>
      <item>
        <type>Reported in House</type>
        <date>2018-02-23T05:00:00Z</date>
        <formats>
          <item>
            <url>https://www.govinfo.gov/content/pkg/BILLS-115hr4607rh/xml/BILLS-115hr4607rh.xml</url>
          </item>
        </formats>
      </item>
      <item>
        <type>Introduced in House</type>
        <date>2017-12-11T05:00:00Z</date>
        <formats>
          <item>
            <url>https://www.govinfo.gov/content/pkg/BILLS-115hr4607ih/xml/BILLS-115hr4607ih.xml</url>
          </item>
        </formats>
      </item>
    </textVersions>
    <latestAction>
      <actionDate>2018-03-07</actionDate>
      <text>Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.</text>
    </latestAction>
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    <dc:rights>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.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>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.</dc:description>
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