H.R. 4293 - 115th Congress (2017-2018) - Stress Test Improvement Act of 2017

This bill amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to modify testing requirements applicable to bank holding companies and certain nonbank financial companies, including by: (1) requiring the Federal Reserve Board (FRB) to revise its regulations regarding specified conditions, methodologies, and models for stress testing; (2) establishing limitations on Comprehensive Capital Analysis and Review by the FRB; and (3) reducing the frequency of stress testing from semiannual to annual.

Text (4)

Referred in Senate

April 12, 2018

Engrossed in House

April 11, 2018

Reported in House

March 13, 2018

Introduced in House

November 7, 2017

Amendments (1)

Apr 11, 2018

Offered in House

Sponsorship

House Amendment 539

Pursuant to the provisions of H.Res. 780, the amendment in the nature of a substitute consisting of the text of Rules Committee Print 115-63, modified by the amendment printed in part B of House Report 115-600 is considered adopted.

Submitted

Actions (22)

Show Only Major Actions

04/12/2018

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

04/11/2018

Motion to reconsider laid on the table Agreed to without objection.

04/11/2018

On passage Passed by the Yeas and Nays: 245 - 174 (Roll no. 137). (text: CR H3112)

04/11/2018

Passed/agreed to in House: On passage Passed by the Yeas and Nays: 245 - 174 (Roll no. 137).(text: CR H3112)

04/11/2018

On motion to recommit with instructions Failed by the Yeas and Nays: 188 - 231 (Roll no. 136).

04/11/2018

Considered as unfinished business. (consideration: CR H3128-3129)

04/11/2018

POSTPONED PROCEEDINGS - At the conclusion of debate on the Maxine Waters motion to recommit with instructions, the Chair put the question on the motion to recommit and by voice vote announced that the ayes had prevailed. Ms. Maxine Waters demanded the yeas and nays, and the Chair postponed further proceedings on the motion to recommit until later in the legislative day.

04/11/2018

The previous question on the motion to recommit with instructions was ordered without objection.

04/11/2018

DEBATE - The House proceeded with 10 minutes of debate on the Maxine Waters motion to recommit with instructions. The instructions contained in the motion seek to report the same back to the House forthwith with an amendment to require stronger semi-annual stress tests for any global systemically important bank holding company or subsidiary that has engaged in a pattern of unsafe banking practices or any other violations related to consumer harm.

04/11/2018

Ms. Waters, Maxine moved to recommit with instructions to the Committee on Financial Services. (text: CR H3118)

04/11/2018

The previous question was ordered pursuant to the rule.

04/11/2018

DEBATE - The House proceeded with one hour of debate on H.R. 4293.

04/11/2018

The resolution provides for one hour of debate on each measure. The rule provides for H.R. 4061 and H.R. 4293 to be considered under closed rules.

04/11/2018

Considered under the provisions of rule H. Res. 780. (consideration: CR H3112-3119)

03/15/2018

Rule H. Res. 780 passed House.

03/14/2018

Rules Committee Resolution H. Res. 780 Reported to House. The resolution provides for one hour of debate on each measure. The rule provides for H.R. 4061 and H.R. 4293 to be considered under closed rules.

03/13/2018

Placed on the Union Calendar, Calendar No. 451.

03/13/2018

Reported (Amended) by the Committee on Financial Services. H. Rept. 115-593.

11/15/2017

Ordered to be Reported (Amended) by the Yeas and Nays: 38 - 21.

11/15/2017

Committee Consideration and Mark-up Session Held.

11/07/2017

Referred to the House Committee on Financial Services.

11/07/2017

Introduced in House

Public Record

Record Updated

Jan 11, 2023 1:38:05 PM