Financial Institution Living Will Improvement Act of 2017
Official title: To reform the living will process under the Dodd-Frank Wall Street Reform and Consumer Protection Act.
| Date | Chamber | What was voted on | Result | Yes–No | |
|---|---|---|---|---|---|
| Jan 30, 2018 | House · vote #50 | On Motion to Suspend the Rules and Pass, as Amended | Passed | 414–0 | See who voted → |
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Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Financial Institution Living Will Improvement Act of 2017
(Sec. 2) This bill amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to establish the frequency with which certain nonbank financial companies and bank holding companies shall be required to submit a "living will" (i.e., the company's plan for rapid and orderly resolution in the event of financial distress or failure) to the Federal Reserve Board (FRB), the Financial Stability Oversight Council, and the Federal Deposit Insurance Corporation (FDIC). Specifically, such companies shall be required to do so once every two years. (Current regulations generally require annual submission of plans.)
The FRB and the FDIC must provide feedback to a company regarding such a plan within six months.
- 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. 4292: Financial Institution Living Will Improvement Act of 2017. 115th Congress. Open America. https://openamerica.io/bill/115-HR-4292/
"H.R. 4292: Financial Institution Living Will Improvement Act of 2017." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-HR-4292/.
H.R. 4292, 115th Cong. (2026), https://openamerica.io/bill/115-HR-4292/.
[H.R. 4292: Financial Institution Living Will Improvement Act of 2017](https://openamerica.io/bill/115-HR-4292/)