[House Prints 115-64]
[From the U.S. Government Publishing Office]







G:\CMTE\RU\15\RCP\RCP4061.XML 



                           MARCH 8, 2018 
                           
                           
 
              RULES COMMITTEE PRINT 115-64 

              
  TEXT OF H.R. 4061, FINANCIAL STABILITY OVER-
     SIGHT COUNCIL IMPROVEMENT ACT OF 2017
     
     
   [Showing the text of H.R. 4061 as ordered reported by the 
                 Committee on Financial Services.] 
                 
                 
1  SECTION 1. SHORT TITLE.  

2       This Act may be cited as the "Financial Stability  

3  Oversight Council Improvement Act of 2017".  

4  SEC. 2. SIFI DESIGNATION PROCESS.  

5       Section 113 of the Financial Stability Act of 2010  

6  (12 U.S.C. 5323) is amended-- 

7          (1) in subsection (a)(2)-- 

8               (A) in subparagraph (J), by striking "and" 

9          at the end;  

10              (B) by redesignating subparagraph (K) as  

11         subparagraph (L); and  

12              (C) by inserting after subparagraph (J)  

13         the following:  

14             "(K) the appropriateness of the imposition  

15         of prudential standards as opposed to other  

16         forms of regulation to mitigate the identified  

17         risks; and";  

18         (2) in subsection (b)(2)--  



g:\VHLC\030818\030818.056.xml       (687809|1) 
March 8, 2018 (10:55 a.m.) 




[TEXT NOT AVAILABLE]