Bill Sponsor
House Bill 4566
115th Congress(2017-2018)
Alleviating Stress Test Burdens to Help Investors Act
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Amendments
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Passed House on Mar 20, 2018
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Bill Sponsor regularly scans bill texts to find sections that are contained in other bill texts. When a matching section is found, the bills containing that section can be viewed by clicking "View Bills" within the bill text section.
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H. R. 4566 (Reported-in-House)

Union Calendar No. 457

115th CONGRESS
2d Session
H. R. 4566

[Report No. 115–601]


To amend the Dodd-Frank Wall Street Reform and Consumer Protection Act to provide relief to nonbanks from certain stress test requirements under such Act.


IN THE HOUSE OF REPRESENTATIVES

December 6, 2017

Mr. Poliquin introduced the following bill; which was referred to the Committee on Financial Services

March 15, 2018

Reported with an amendment, committed to the Committee of the Whole House on the State of the Union, and ordered to be printed

[Strike out all after the enacting clause and insert the part printed in italic]

[For text of introduced bill, see copy of bill as introduced on December 6, 2017]


A BILL

To amend the Dodd-Frank Wall Street Reform and Consumer Protection Act to provide relief to nonbanks from certain stress test requirements under such Act.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “Alleviating Stress Test Burdens to Help Investors Act”.

SEC. 2. Stress test relief for nonbanks.

Section 165(i) of the Dodd-Frank Wall Street Reform and Consumer Protection Act (12 U.S.C. 5365(i)) is amended—

(1) in paragraph (1)(B)(ii), by striking “and nonbank financial companies”; and

(2) in paragraph (2)—

(A) in subparagraph (A), by striking “are regulated by a primary Federal financial regulatory agency” and inserting: “whose primary financial regulatory agency is a Federal banking agency or the Federal Housing Finance Agency”;

(B) in subparagraph (C), by striking “Each Federal primary financial regulatory agency” and inserting “Each Federal banking agency and the Federal Housing Finance Agency”; and

(C) by adding at the end the following:

“(D) SEC AND CFTC.—The Securities and Exchange Commission and the Commodity Futures Trading Commission may each issue regulations requiring financial companies with respect to which they are the primary financial regulatory agency and that have total consolidated assets of more than $10,000,000,000 to conduct periodic analyses of the financial condition, including available liquidity, of such companies under adverse economic conditions.”.

SEC. 3. Rule of construction.

Nothing in this Act shall be construed to limit the authority of the Financial Stability Oversight Council under section 120 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (12 U.S.C. 5330).


Union Calendar No. 457

115th CONGRESS
     2d Session
H. R. 4566
[Report No. 115–601]

A BILL
To amend the Dodd-Frank Wall Street Reform and Consumer Protection Act to provide relief to nonbanks from certain stress test requirements under such Act.

March 15, 2018
Reported with an amendment, committed to the Committee of the Whole House on the State of the Union, and ordered to be printed