HR 4293
115th Congress
House
Finance and Financial Sector
Bank accounts, deposits, capital
Banking and financial institutions regulation
Federal Reserve System
Financial crises and stabilization
Stress Test Improvement Act of 2017
Introduced: November 7, 2017
See on congress.gov
Everywhere this bill has been
22 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
Motion to reconsider laid on the table Agreed to without objection.
Apr 11, 2018
On passage Passed by the Yeas and Nays: 245 - 174 (Roll no. 137). (text: CR H3112)
Apr 11, 2018
Passed/agreed to in House: On passage Passed by the Yeas and Nays: 245 - 174 (Roll no. 137).(text: CR H3112)
Apr 11, 2018
On motion to recommit with instructions Failed by the Yeas and Nays: 188 - 231 (Roll no. 136).
Apr 11, 2018
Considered as unfinished business. (consideration: CR H3128-3129)
Apr 11, 2018
POSTPONED PROCEEDINGS - At the conclusion of debate on the Maxine Waters motion to recommit with instructions, the Chair put the question on the motion to recommit and by voice vote announced that the ayes had prevailed. Ms. Maxine Waters demanded the yeas and nays, and the Chair postponed further proceedings on the motion to recommit until later in the legislative day.
Apr 11, 2018
The previous question on the motion to recommit with instructions was ordered without objection.
Apr 11, 2018
DEBATE - The House proceeded with 10 minutes of debate on the Maxine Waters motion to recommit with instructions. The instructions contained in the motion seek to report the same back to the House forthwith with an amendment to require stronger semi-annual stress tests for any global systemically important bank holding company or subsidiary that has engaged in a pattern of unsafe banking practices or any other violations related to consumer harm.
Apr 11, 2018
Ms. Waters, Maxine moved to recommit with instructions to the Committee on Financial Services. (text: CR H3118)
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. 4293.
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
Considered under the provisions of rule H. Res. 780. (consideration: CR H3112-3119)
Mar 15, 2018
Rule H. Res. 780 passed House.
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 13, 2018
Placed on the Union Calendar, Calendar No. 451.
Mar 13, 2018
Reported (Amended) by the Committee on Financial Services. H. Rept. 115-593.
Nov 15, 2017
Ordered to be Reported (Amended) by the Yeas and Nays: 38 - 21.
Nov 15, 2017
Committee Consideration and Mark-up Session Held.
Nov 7, 2017
Referred to the House Committee on Financial Services.
Nov 7, 2017
Introduced in House
Votes taken on this bill
2
| Date | Chamber | What was voted on | Result | Yes–No | |
|---|---|---|---|---|---|
| Apr 11, 2018 | House · vote #137 | On Passage | Passed | 245–174 | See who voted → |
| Apr 11, 2018 | House · vote #136 | On Motion to Recommit with Instructions | Failed | 188–231 | See who voted → |
Plain-English summary
Stress Test Improvement Act of 2017
(Sec. 2) This bill amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to modify testing requirements applicable to bank holding companies and certain nonbank financial companies, including by: (1) establishing limitations on Comprehensive Capital Analysis and Review by the Federal Reserve Board, (2) reducing the frequency of stress testing from semiannual to annual, and (3) otherwise revising provisions related to stress testing.
(Sec. 4) The bill amends the Federal Reserve Act to lower the maximum allowable amount of surplus funds of the Federal Reserve banks.
What's happening now
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Committees of jurisdiction
2
Cosponsors
1