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HR 4659 115th Congress House

To require the appropriate Federal banking agencies to recognize the exposure-reducing nature of client margin for cleared derivatives.

Introduced: March 19, 2018 See on congress.gov
Finance and Financial Sector Bank accounts, deposits, capitalBanking and financial institutions regulation
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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 7 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Aug 3, 2018
Placed on the Union Calendar, Calendar No. 680.
Aug 3, 2018
Reported by the Committee on Financial Services. H. Rept. 115-882.
Mar 21, 2018
Ordered to be Reported by the Yeas and Nays: 44 - 16.
Mar 21, 2018
Committee Consideration and Mark-up Session Held.
Feb 14, 2018
Hearings Held by the Subcommittee on Capital Markets Prior to Referral.
Dec 14, 2017
Referred to the House Committee on Financial Services.
Dec 14, 2017
Introduced in House
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 Latest action August 3, 2018

Placed on the Union Calendar, Calendar No. 680.

 Plain-English summary Congressional Research Service

This bill amends the Federal Deposit Insurance Act, the Bank Holding Company Act of 1956, and the Home Owners' Loan Act to exclude initial client margin funds (i.e., funds lent to a client by a broker to facilitate a derivatives contract) from leverage-exposure calculations for purposes of determining whether an insured depository institution, a bank holding company, or a savings and loan holding company is in compliance with federal leverage-based capital standards.

 Related & companion bills 1
  • S 3682 Identical bill A bill to require the appropriate Federal banking agencies to recognize the exposure-reducing nature of client margin f…
 Bill text 2 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 12
All 12 Democratic 2 Republican 7
D
Gottheimer, Josh
New Jersey · Mar 22, 2018
 R
Hill, J. French
Arkansas · Mar 21, 2018
Messer, Luke
· Mar 21, 2018
 R
Kustoff, David
Tennessee · Mar 20, 2018
 R
Scott, Austin
Georgia · Mar 20, 2018
 D
Gonzalez, Vicente
Texas · Mar 19, 2018
 R
Arrington, Jodey C.
Texas · Mar 14, 2018
Conaway, K.
· Mar 6, 2018
 R
Emmer, Tom
Minnesota · Feb 15, 2018
Hultgren, Randy
· Feb 8, 2018
 R
Sessions, Pete
Texas · Feb 8, 2018
 R
Lucas, Frank D.
Oklahoma · Dec 14, 2017
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 4659: To require the appropriate Federal banking agencies to recognize the exposure-reducing nature of client margin for cleared derivatives.. 115th Congress. Open America. https://openamerica.io/bill/115-HR-4659/
MLA
"H.R. 4659: To require the appropriate Federal banking agencies to recognize the exposure-reducing nature of client margin for cleared derivatives.." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-HR-4659/.
Bluebook (legal)
H.R. 4659, 115th Cong. (2026), https://openamerica.io/bill/115-HR-4659/.
Markdown link
[H.R. 4659: To require the appropriate Federal banking agencies to recognize the exposure-reducing nature of client margin for cleared derivatives.](https://openamerica.io/bill/115-HR-4659/)
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