Skip to main content
H.R. 4607 115th Congress House

Comprehensive Regulatory Review Act

Official title: To amend the Economic Growth and Regulatory Paperwork Reduction Act of 1996 to ensure that Federal financial regulators perform a comprehensive review of regul… Show full official titleShow less

Official title: To amend the Economic Growth and Regulatory Paperwork Reduction Act of 1996 to ensure that Federal financial regulators perform a comprehensive review of regulations to identify outdated or otherwise unnecessary regulatory requirements imposed on covered persons, and for other purposes.

Introduced: December 11, 2017 Introduced by: Barry Loudermilk Republican · Georgia See on congress.gov
Finance and Financial Sector Administrative law and regulatory proceduresBanking and financial institutions regulationConsumer Financial Protection BureauConsumer credit
More subjectsShow fewer subjects
Department of the TreasuryFederal Deposit Insurance Corporation (FDIC)Federal Reserve SystemNational Credit Union Administration
Sign in to write a letter Sign in to watch
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 22 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 7, 2018
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Mar 6, 2018
POSTPONED PROCEEDINGS - At the conclusion of debate on the Clark (MA) motion to recommit, the Chair put the question on adoption of the motion and by voice vote, announced the noes had prevailed. Ms. Clark (MA) demanded the yeas and nays and the Chair postponed further proceedings on the motion to recommit until later in the legislative day.
Mar 6, 2018
The previous question on the motion to recommit with instructions was ordered without objection.
Mar 6, 2018
DEBATE - The House proceeded with 10 minutes of debate on the Clark (MA) motion to recommit with instructions pending a reservation of a point of order. The instructions contained in the motion seek to require the bill to be reported back to the House with an amendment to strike on Page 3, line 21 the language "otherwise determined" and insert "such action is at the request of and for the personal gain of the President, his or her immediate family members, or senior Executive Branch officials who are required to file annual financial disclosure forms or is other determined inappropriate". Subsequently, the point of order was withdrawn.
Mar 6, 2018
Motion to reconsider laid on the table Agreed to without objection.
Mar 6, 2018
On passage Passed by the Yeas and Nays: 264 - 143 (Roll no. 95). (text: CR H1382-1383)
Mar 6, 2018
On motion to recommit with instructions Failed by the Yeas and Nays: 182 - 228 (Roll no. 94).
Mar 6, 2018
Considered as unfinished business. (consideration: CR H1420-1421)
Mar 6, 2018
Ms. Clark (MA) moved to recommit with instructions to the Committee on Financial Services. (text: CR H1389)
Mar 6, 2018
The previous question was ordered pursuant to the rule.
Mar 6, 2018
DEBATE - The House proceeded with one hour of debate on H.R. 4607.
Mar 6, 2018
Rule provides for consideration of H.R. 4296 and H.R. 4607. Rule provides for consideration of H.R. 4296 and H.R. 4607 under closed rules with one hour of debate equally divided and controlled by the Chair and Ranking Member of the Committee on Financial Services for each measure.
Mar 6, 2018
Considered under the provisions of rule H. Res. 747. (consideration: CR H1382-1389)
Feb 27, 2018
Rule H. Res. 747 passed House.
Feb 26, 2018
Rules Committee Resolution H. Res. 747 Reported to House. Rule provides for consideration of H.R. 4296 and H.R. 4607. Rule provides for consideration of H.R. 4296 and H.R. 4607 under closed rules with one hour of debate equally divided and controlled by the Chair and Ranking Member of the Committee on Financial Services for each measure.
Feb 23, 2018
Placed on the Union Calendar, Calendar No. 433.
Feb 23, 2018
Reported by the Committee on Financial Services. H. Rept. 115-573.
Jan 18, 2018
Ordered to be Reported by the Yeas and Nays: 38 - 17.
Jan 18, 2018
Committee Consideration and Mark-up Session Held.
Jan 17, 2018
Committee Consideration and Mark-up Session Held.
Dec 11, 2017
Referred to the House Committee on Financial Services.
Dec 11, 2017
Introduced in House
 Votes taken on this bill 2
DateChamberWhat was voted onResultYes–No
Mar 6, 2018 House · vote #95 On Passage Passed 264–143 See who voted →
Mar 6, 2018 House · vote #94 On Motion to Recommit with Instructions Failed 182–228 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 529 – Pursuant to the provisions of H.Res. 747 the amendment in the nature of a substitute consisting of the text o… No recorded outcome –
 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.

 Latest action March 7, 2018

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

 Plain-English summary Congressional Research Service

Comprehensive Regulatory Review Act

(Sec. 2) This bill amends the Economic Growth and Regulatory Paperwork Reduction Act of 1996 to expand the required comprehensive review of financial regulatory requirements. Specifically, the review must be completed by the Consumer Financial Protection Bureau (CFPB) and the National Credit Union Administration, in addition to (as required under current law) the Federal Financial Institutions Examination Council, the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, and the Federal Reserve Board.

(Sec. 3) The review must be performed at least every 7, rather than 10, years.

(Sec. 4) After performing the review, a regulator must consider tailoring regulations to limit specified burdens.

(Sec. 5) The bill specifies information and criteria the CFPB must use when conducting its review.

(Sec. 6) The bill amends the Federal Reserve Act to lower the maximum allowable amount of surplus funds of the Federal Reserve banks.

 Related & companion bills 3
  • HRES 747 Procedurally related Providing for consideration of the bill (H.R. 4296) to place requirements on operational risk capital requirements for …
  • HR 3198 Reintroduced Bill Comprehensive Regulatory Review Act
  • S 2155 Economic Growth, Regulatory Relief, and Consumer Protection Act
 Bill text 4 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 9
All 9 Democratic 1 Republican 2
Pittenger, Robert
· Jan 18, 2018
Ross, Dennis
· Jan 18, 2018
Stivers, Steve
· Jan 18, 2018
 R
Tenney, Claudia
New York · Jan 18, 2018
Sinema, Kyrsten
· Jan 16, 2018
Tipton, Scott
· Jan 9, 2018
 R
Williams, Roger
Texas · Jan 9, 2018
Duffy, Sean
· Dec 11, 2017
 D
Gottheimer, Josh
New Jersey · Dec 11, 2017
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 4607: Comprehensive Regulatory Review Act. 115th Congress. Open America. https://openamerica.io/bill/115-HR-4607/
MLA
"H.R. 4607: Comprehensive Regulatory Review Act." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-HR-4607/.
Bluebook (legal)
H.R. 4607, 115th Cong. (2026), https://openamerica.io/bill/115-HR-4607/.
Markdown link
[H.R. 4607: Comprehensive Regulatory Review Act](https://openamerica.io/bill/115-HR-4607/)
Report a problem