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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
 Everywhere this bill has been 16 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)
Apr 11, 2018
Passed/agreed to in House: 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 →
 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.

 Committees of jurisdiction 2