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HR 3812 118th Congress House Finance and Financial Sector Congressional oversight Financial crises and stabilization Financial services and investments

Financial Stability Oversight Council Improvement Act of 2023

Introduced: June 5, 2023 Introduced by: Foster, Bill Democratic · Illinois See on congress.gov
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This bill died when the 118th Congress ended
It never became law before the 118th Congress (2023–2024) 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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 5, 2023
Referred to the House Committee on Financial Services.
Jun 5, 2023
Introduced in House
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 Plain-English summary Congressional Research Service

Financial Stability Oversight Council Improvement Act of 2023

The bill requires the Financial Stability Oversight Council, prior to determining that a U.S. nonbank financial company shall be supervised by the Federal Reserve Board and therefore subject to certain prudential standards, to first determine that certain alternative actions would not mitigate the threat the company may pose to U.S. financial stability.

What's happening now June 5, 2023

Referred to the House Committee on Financial Services.

 Related & companion bills 1
  • S 3601 Related bill Financial Stability Oversight Council Improvement Act of 2024
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 2
All 2 Democratic 1 Republican 1
D
Gottheimer, Josh
New Jersey · Dec 5, 2023
 R
Huizenga, Bill
Michigan · Jun 5, 2023
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 3812: Financial Stability Oversight Council Improvement Act of 2023. 118th Congress. Open America. https://openamerica.io/bill/118-HR-3812/
MLA
"H.R. 3812: Financial Stability Oversight Council Improvement Act of 2023." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-HR-3812/.
Bluebook (legal)
H.R. 3812, 118th Cong. (2026), https://openamerica.io/bill/118-HR-3812/.
Markdown link
[H.R. 3812: Financial Stability Oversight Council Improvement Act of 2023](https://openamerica.io/bill/118-HR-3812/)
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