Financial Stability Oversight Council Improvement Act of 2017
| Date | Chamber | What was voted on | Result | Yes–No | |
|---|---|---|---|---|---|
| Apr 11, 2018 | House · vote #135 | On Passage | Passed | 297–121 | See who voted → |
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.
| Amendment | Sponsor | Status |
|---|---|---|
| HAMDT 540 | — | Pending |
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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.
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Engrossed in House Formatted Text PDF Formatted XML
- Introduced in House Formatted Text PDF Formatted XML
- Referred in Senate Formatted Text PDF Formatted XML
- Reported in House Formatted Text PDF Formatted XML
Cite this page
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/
"H.R. 4061: Financial Stability Oversight Council Improvement Act of 2017." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-HR-4061/.
H.R. 4061, 115th Cong. (2026), https://openamerica.io/bill/115-HR-4061/.
[H.R. 4061: Financial Stability Oversight Council Improvement Act of 2017](https://openamerica.io/bill/115-HR-4061/)