Skip to main content
HR 4061 115th Congress House Finance and Financial Sector Administrative law and regulatory procedures Administrative remedies Bank accounts, deposits, capital Banking and financial institutions regulation Congressional oversight Federal Reserve System Financial Stability Oversight Council Financial crises and stabilization Financial services and investments Foreign and international banking Government information and archives Government studies and investigations

Financial Stability Oversight Council Improvement Act of 2017

Introduced: October 12, 2017 See on congress.gov
This bill died when the 115th Congress ended
It never became law before the 115th Congress (2017–2018) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 15 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 12, 2018
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Apr 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.
Apr 11, 2018
The previous question was ordered pursuant to the rule.
Apr 11, 2018
DEBATE - The House proceeded with one hour of debate on H.R. 4061.
Apr 11, 2018
Considered under the provisions of rule H. Res. 780. (consideration: CR H3119-3128)
Apr 11, 2018
Motion to reconsider laid on the table Agreed to without objection.
Apr 11, 2018
On passage Passed by the Yeas and Nays: 297 - 121 (Roll no. 135). (text: CR H3119-3121)
Mar 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.
Mar 9, 2018
Placed on the Union Calendar, Calendar No. 450.
Mar 9, 2018
Reported by the Committee on Financial Services. H. Rept. 115-592.
Jan 18, 2018
Ordered to be Reported by the Yeas and Nays: 45 - 10.
Jan 18, 2018
Committee Consideration and Mark-up Session Held.
Jan 17, 2018
Committee Consideration and Mark-up Session Held.
Oct 12, 2017
Referred to the House Committee on Financial Services.
Oct 12, 2017
Introduced in House
 Votes taken on this bill 1
DateChamberWhat was voted onResultYes–No
Apr 11, 2018 House · vote #135 On Passage Passed 297121 See who voted →
 Amendments to this bill 1

Amendments propose changes to this bill. Members vote on amendments separately before the final bill vote. An agreed amendment becomes part of the bill; a failed amendment does not.

AmendmentSponsorPurposeStatusLatest action
HAMDT 540 Pursuant to the provisions of H.Res. 780, the amendment in the nature of a substitute consisting of the text … Pending
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Plain-English summary Congressional Research Service

Financial Stability Oversight Council Improvement Act of 2017

This bill amends the Financial Stability Act of 2010 to require the Financial Stability Oversight Council, in determining whether a nonbank financial company shall be designated as systemically important and consequently be supervised by the Federal Reserve Board and subject to prudential standards, to consider the appropriateness of imposing such standards as opposed to other forms of regulation to mitigate identified risks to U.S. financial stability.

Every five years, the council must, upon request by a nonbank financial company, reevaluate such a determination and hold a vote on whether to rescind it.

The bill revises procedural requirements related to council determinations.

What's happening now April 12, 2018

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

 Related & companion bills 2
 Bill text 4 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 44
D
Gonzalez, Vicente
Texas · Jan 12, 2018
D
Aguilar, Pete
California · Dec 13, 2017
D
Blunt Rochester, Lisa
Delaware · Dec 13, 2017
R
Budd, Ted
North Carolina · Dec 13, 2017
Hollingsworth, Trey
· Dec 13, 2017
Hultgren, Randy
· Dec 13, 2017
R
Loudermilk, Barry
Georgia · Dec 13, 2017
R
Barr, Andy
Kentucky · Oct 12, 2017
D
Beatty, Joyce
Ohio · Oct 12, 2017
D
Boyle, Brendan F.
Pennsylvania · Oct 12, 2017
D
Costa, Jim
California · Oct 12, 2017
Costello, Ryan
· Oct 12, 2017
Delaney, John
· Oct 12, 2017
D
DelBene, Suzan K.
Washington · Oct 12, 2017
Duffy, Sean
· Oct 12, 2017
R
Emmer, Tom
Minnesota · Oct 12, 2017
D
Foster, Bill
Illinois · Oct 12, 2017
D
Gottheimer, Josh
New Jersey · Oct 12, 2017
R
Hill, J. French
Arkansas · Oct 12, 2017
D
Himes, James A.
Connecticut · Oct 12, 2017
R
Huizenga, Bill
Michigan · Oct 12, 2017
Kihuen, Ruben
· Oct 12, 2017
Love, Mia
· Oct 12, 2017
R
Lucas, Frank D.
Oklahoma · Oct 12, 2017
MacArthur, Thomas
· Oct 12, 2017
McHenry, Patrick
· Oct 12, 2017
D
Meeks, Gregory W.
New York · Oct 12, 2017
Messer, Luke
· Oct 12, 2017
D
Moulton, Seth
Massachusetts · Oct 12, 2017
D
Norcross, Donald
New Jersey · Oct 12, 2017
D
Peters, Scott H.
California · Oct 12, 2017
Pittenger, Robert
· Oct 12, 2017
Poliquin, Bruce
· Oct 12, 2017
D
Quigley, Mike
Illinois · Oct 12, 2017
Renacci, James
· Oct 12, 2017
ROYCE, ED
· Oct 12, 2017
R
Schweikert, David
Arizona · Oct 12, 2017
R
Sessions, Pete
Texas · Oct 12, 2017
D
Sewell, Terri A.
Alabama · Oct 12, 2017
D
Sherman, Brad
California · Oct 12, 2017
D
Thompson, Mike
California · Oct 12, 2017
TIBERI, PATRICK
· Oct 12, 2017
R
Wagner, Ann
Missouri · Oct 12, 2017
R
Williams, Roger
Texas · Oct 12, 2017
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 4061: Financial Stability Oversight Council Improvement Act of 2017. 115th Congress. Open America. https://openamerica.io/bill/115-HR-4061/
MLA
"H.R. 4061: Financial Stability Oversight Council Improvement Act of 2017." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-HR-4061/.
Bluebook (legal)
H.R. 4061, 115th Cong. (2026), https://openamerica.io/bill/115-HR-4061/.
Markdown link
[H.R. 4061: Financial Stability Oversight Council Improvement Act of 2017](https://openamerica.io/bill/115-HR-4061/)
Report a problem