H.R.3189: Fed Oversight Reform and Modernization Act of 2015

About This Bill

  • Introduced July 23, 2015
  • Latest Major Action Dec. 17, 2015

Bill Summary

Fed Oversight Reform and Modernization Act of 2015 or the FORM Act of 2015 (Sec. 1) This bill amends the Federal Reserve Act to require the Chairman of the Federal Open Market Committee (FOMC), within 48 hours after the end of a FOMC meeting, to submit to the appropriate congressional committees and the Government Accountability Office (GAO) a Directive Policy Rule, meeting specified criteria, accompanied by a statement identifying the FOMC...

(Source: Congressional Research Service)

What Lawmakers Are Saying About This Bill

There are 15 statements associated with H.R.3189.

Bill Actions

Date Description
Dec. 17, 2015
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Nov. 30, 2015
Received in the Senate.
Nov. 19, 2015
Motion to reconsider laid on the table Agreed to without objection.
Nov. 19, 2015

On passage Passed by recorded vote: 241 - 185 (Roll no. 641).

Nov. 19, 2015

On motion to recommit with instructions Failed by recorded vote: 182 - 242 (Roll no. 640).

Nov. 19, 2015
The previous question on the motion to recommit with instructions was ordered without objection. (consideration: CR H8379)
Nov. 19, 2015
DEBATE - The House proceeded with 10 minutes of debate on the motion to recommit with instructions. The instructions contained in the motion seek to require the bill to be reported back to the House with an amendment adding new language outlining further considerations the Board shall take when determining which companies would be eligible to participate in the program.
Nov. 19, 2015
Ms. Matsui moved to recommit with instructions to the Committee on Financial Services. (consideration: CR H8378-8380; text: CR H8379)
Nov. 19, 2015
Considered as unfinished business. (consideration: CR H8378-8381)
Nov. 18, 2015
POSTPONED PROCEEDINGS - Pursuant to clause 1(c) of Rule 19, the Speaker postponed further proceedings on H.R. 3189.
Nov. 18, 2015
The House adopted the amendment as agreed to by the Committee of the Whole House on the state of the Union.
Nov. 18, 2015
The previous question was ordered pursuant to the rule. (consideration: CR H8342)
Nov. 18, 2015
The House rose from the Committee of the Whole House on the state of the Union to report H.R. 3189.
Nov. 18, 2015
DEBATE - Pursuant to the provisions of H.Res. 529, the Committee of the Whole proceeded with 10 minutes of debate on the King (IA) amendment No. 6.
Nov. 18, 2015
DEBATE - Pursuant to the provisions of H.Res. 529, the Committee of the Whole proceeded with 10 minutes of debate on the Grayson amendment No. 5.
Nov. 18, 2015
DEBATE - Pursuant to the provisions of H.Res. 529, the Committee of the Whole proceeded with 10 minutes of debate on the Grayson amendment No. 3.
Nov. 18, 2015
DEBATE - Pursuant to the provisions of H.Res. 529, the Committee of the Whole proceeded with 10 minutes of debate on the Heck (WA) amendment No. 2.
Nov. 18, 2015
DEBATE - Pursuant to the provisions of H.Res. 529, the Committee of the Whole proceeded with 10 minutes of debate on the Heck (WA) amendment No. 1.
Nov. 18, 2015
GENERAL DEBATE - The Committee of the Whole proceeded with one hour of general debate on H.R. 3189.
Nov. 18, 2015
The Speaker designated the Honorable Kevin Yoder to act as Chairman of the Committee.
Nov. 18, 2015
House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 529 and Rule XVIII.
Nov. 18, 2015
Rule provides for consideration of H.R. 1210 and H.R. 3189. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. Rule provides that H.R. 1210 shall be amended by the text of Rules Committee Print 114-34 and that the amendment printed in part A of the report from the Committee on Rules shall be separately debatable for 10 minutes. H.R. 3189 shall be amended by the text of Rules Committee Print 114-35 and modified by the amendment printed in Part B of the report. No further amendments other than those printed in Part C of the report shall be in order for H.R. 3189.
Nov. 18, 2015
Considered under the provisions of rule H. Res. 529. (consideration: CR H8323-8342; text of measure as reported in House: CR H8331-8337)
Nov. 18, 2015
ORDER OF PROCEDURE - Mr. Hensarling asked unanimous consent that the question of adopting a motion to recommit on H.R. 3189 may be subject to postponement as though under clause 8 of rule 20. Agreed to without objection.
Nov. 18, 2015
Rule H. Res. 529 passed House.
Nov. 17, 2015
Rules Committee Resolution H. Res. 529 Reported to House. Rule provides for consideration of H.R. 1210 and H.R. 3189. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. Rule provides that H.R. 1210 shall be amended by the text of Rules Committee Print 114-34 and that the amendment printed in part A of the report from the Committee on Rules shall be separately debatable for 10 minutes. H.R. 3189 shall be amended by the text of Rules Committee Print 114-35 and modified by the amendment printed in Part B of the report. No further amendments other than those printed in Part C of the report shall be in order for H.R. 3189.
Nov. 16, 2015
Placed on the Union Calendar, Calendar No. 253.
Nov. 16, 2015

Committee on Oversight and Government discharged.

Nov. 16, 2015
Reported (Amended) by the Committee on Financial Services. H. Rept. 114-332, Part I.
July 29, 2015
Ordered to be Reported (Amended) by the Yeas and Nays: 33 - 25.
July 29, 2015
Committee Consideration and Mark-up Session Held.
July 23, 2015
Referred to House Oversight and Government Reform
July 23, 2015
Referred to House Financial Services
July 22, 2015
Hearings Held by the Subcommittee on Monetary Policy and Trade Prior to Referral.
July 23, 2015

Introduced in the House by Bill Huizenga (R-Mich.)

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