3.0.0
7440
2025-05-27T14:12:00Z
2025-05-27T14:12:00Z
House
H
HR
2024-02-23
118
[Congressional Record Volume 170, Number 33 (Friday, February 23, 2024)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. McHENRY:H.R. 7440.Congress has the power to enact this legislation pursuantto the following:Article I, Sec. 8, Cl. 18To make all Laws which shall be necessary and proper forcarrying into Execution the foregoing Powers, and all otherPowers vested by this Constitution in the Government of theUnited States, or in any Department or Officer thereof.The single subject of this legislation is:Establishes innovation offices within the federal financialregulators.[Page H693]
- hsba00
Financial Services Committee
House
Standing
  - Reported By
2024-12-04T16:33:52Z
  - Markup By
2024-04-17T18:28:00Z
  - Referred To
2024-02-23T16:33:00Z
H. Rept. 118-792
- 2024-12-04
Placed on the Union Calendar, Calendar No. 654.
Calendars
H12410
2
House floor actions
- 2024-12-04
Reported (Amended) by the Committee on Financial Services. H. Rept. 118-792.
Committee
H12200
2
House floor actions
  - hsba00
Financial Services Committee
- 2024-12-04
Reported (Amended) by the Committee on Financial Services. H. Rept. 118-792.
Committee
5000
9
Library of Congress
  - hsba00
Financial Services Committee
- 2024-04-17
  - hsba00
Financial Services Committee
1
House committee actions
Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 28 - 22.
Committee
- 2024-04-17
  - hsba00
Financial Services Committee
1
House committee actions
Committee Consideration and Mark-up Session Held
Committee
- 2024-02-23
Referred to the House Committee on Financial Services.
IntroReferral
H11100
2
House floor actions
  - hsba00
Financial Services Committee
- 2024-02-23
Introduced in House
IntroReferral
Intro-H
9
Library of Congress
- 2024-02-23
Introduced in House
IntroReferral
1000
9
Library of Congress
- M001156
Rep. McHenry, Patrick T. [R-NC-10]
Patrick
McHenry
R
NC
10
N
- D000032
Rep. Donalds, Byron [R-FL-19]
Byron
Donalds
R
FL
19
2024-03-05
False
- E000294
Rep. Emmer, Tom [R-MN-6]
Tom
Emmer
R
MN
6
2024-04-17
False
- 2024-09-13T19:16:00Z

H.R. 7440, Financial Services Innovation Act of 2024
https://www.cbo.gov/publication/60714
As ordered reported by the House Committee on Financial Services on April 17, 2024
Finance and Financial Sector
- Advisory bodies
2024-10-30T14:11:50Z
- Banking and financial institutions regulation
2024-10-30T14:16:53Z
- Congressional oversight
2024-10-30T14:16:53Z
- Executive agency funding and structure
2024-10-30T14:16:53Z
- Financial services and investments
2024-10-30T14:06:40Z
- General Services Administration
2024-10-30T14:16:53Z
- Government employee pay, benefits, personnel management
2024-10-30T14:16:53Z
- Government information and archives
2024-10-30T14:16:53Z
- Government studies and investigations
2024-10-30T14:16:53Z
- Intergovernmental relations
2024-10-30T14:07:11Z
- Product development and innovation
2024-10-30T14:12:22Z
Finance and Financial Sector
2024-02-29T21:00:59Z
00
2024-02-23
Introduced in House
2024-10-03T14:29:37Z
Financial Services Innovation Act of 2024
This bill addresses the regulation of financial products and services. Specifically, the bill allows persons intending to offer a financial innovation to petition specified financial regulatory agencies regarding existing areas of regulation. A petitioner may request a modification or waiver of an agency regulation. The bill sets forth requirements regarding the petition process, a safe harbor for petitioners from enforcement, and enforceable compliance agreements. Agencies must biannually publish a list of financial regulatory areas the agency would consider modifying or waiving through the petition process.
The bill also establishes Financial Services Innovation Offices at these agencies to assist petitioners. These offices must also generally support the development of financial innovations and coordinate with other offices to share data.

Financial Services Innovation Act of 2024
- Short Title(s) as Reported to House
102

Financial Services Innovation Act of 2024
2024-12-05T10:08:19Z
H
House
Reported in House
RH
- Display Title
45

Financial Services Innovation Act of 2024
2024-06-11T15:53:48Z
- Short Title(s) as Introduced
101

Financial Services Innovation Act of 2024
2024-05-24T13:34:09Z
Introduced in House
IH
- Official Title as Introduced
6

To promote innovation in financial services, and for other purposes.
2024-03-18T22:19:16Z
Introduced in House
IH
- Reported in House
2024-12-04T05:00:00Z
  - https://www.govinfo.gov/content/pkg/BILLS-118hr7440rh/xml/BILLS-118hr7440rh.xml
- Introduced in House
2024-02-23T05:00:00Z
  - https://www.govinfo.gov/content/pkg/BILLS-118hr7440ih/xml/BILLS-118hr7440ih.xml
2024-12-04
Placed on the Union Calendar, Calendar No. 654.
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.
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