H.R. 1116 - 115th Congress (2017-2018) - Taking Account of Institutions with Low Operation Risk Act of 2017

This bill requires federal financial regulatory agencies to: (1) tailor any regulatory actions so as to limit burdens on the institutions involved, with consideration of the risk profiles and business models of those institutions; and (2) report to Congress on specific actions taken to do so, as well as on other related issues. The bill's tailoring requirement applies not only to future regulatory actions but also to regulations adopted within the last seven years.

Text (4)

Referred in Senate

March 15, 2018

Engrossed in House

March 14, 2018

Reported in House

March 6, 2018

Introduced in House

February 16, 2017

Amendments (1)

Mar 14, 2018

Offered in House

Sponsorship

House Amendment 532

Pursuant to the provisions of H.Res. 773, the amendment printed in part C of the report of the Committee on Rules accompanying the resolution shall be adopted.

Submitted

Actions (20)

Show Only Major Actions

03/15/2018

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

03/14/2018

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

03/14/2018

On passage Passed by the Yeas and Nays: 247 - 169 (Roll no. 108). (text: CR H1576)

03/14/2018

Passed/agreed to in House: On passage Passed by the Yeas and Nays: 247 - 169 (Roll no. 108).(text: CR H1576)

03/14/2018

On motion to recommit with instructions Failed by the Yeas and Nays: 182 - 232 (Roll no. 107).

03/14/2018

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

03/14/2018

DEBATE - The House proceeded with 10 minutes of debate on the motion to recommit with instructions. The instructions contained in the motion seek to require the bill to be reported back to the House with an amendment to insert on page 3, line 22 ", unless such tailoring is done 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 otherwise determined inappropriate by the appropriate Federal financial regulator" before the period at the end.

03/14/2018

Mr. Connolly moved to recommit with instructions to the Committee on Financial Services. (text: CR H1583)

03/14/2018

The previous question was ordered pursuant to the rule.

03/14/2018

DEBATE - The House proceeded with one hour of debate on H.R. 1116.

03/14/2018

Rule provides for consideration of H.R. 4545, H.R. 1116 and H.R. 4263. Rule provides for consideration of H.R. 4545 under a structured rule, and makes in order amendments printed in the report, with one motion to recommit with or without instructions. Rule also provides for consideration of H.R. 1116 and H.R. 4263 under closed rules. The rule provides for one hour of debate equally divided and controlled by the Chair and Ranking Minority Member of the Committee on Financial Services for each measure, and one motion to recommit with or without instructions for each measure.

03/14/2018

Considered under the provisions of rule H. Res. 773. (consideration: CR H1576-1585)

03/13/2018

Rules Committee Resolution H. Res. 773 Reported to House. Rule provides for consideration of H.R. 4545, H.R. 1116 and H.R. 4263. Rule provides for consideration of H.R. 4545 under a structured rule, and makes in order amendments printed in the report, with one motion to recommit with or without instructions. Rule also provides for consideration of H.R. 1116 and H.R. 4263 under closed rules. The rule provides for one hour of debate equally divided and controlled by the Chair and Ranking Minority Member of the Committee on Financial Services for each measure, and one motion to recommit with or without instructions for each measure.

03/06/2018

Placed on the Union Calendar, Calendar No. 446.

03/06/2018

Reported by the Committee on Financial Services. H. Rept. 115-588.

10/12/2017

Ordered to be Reported by the Yeas and Nays: 39 - 21.

10/12/2017

Committee Consideration and Mark-up Session Held.

10/11/2017

Committee Consideration and Mark-up Session Held.

02/16/2017

Referred to the House Committee on Financial Services.

02/16/2017

Introduced in House

Public Record

Record Updated

Jan 11, 2023 1:35:09 PM