Bills
H.R.6392

H.R.6392: Systemic Risk Designation Improvement Act of 2016

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About This Bill

Introduced Nov. 22, 2016
Latest Major Action Dec. 5, 2016
See the three similar bills introduced in other congresses.

Bill Sponsor

Blaine Luetkemeyer (R-Mo.)

Bill Cosponsors

9 (4 Democrats, 5 Republicans)

Bill Summary

Systemic Risk Designation Improvement Act of 2016 (Sec. 3) This bill amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to authorize the Financial Stability Oversight Council (FSOC) to subject a bank holding company to enhanced supervision and prudential standards by the Board of Governors of the Federal Reserve System if FSOC makes a final determination that material financial distress at the bank holding company, or the...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There are 14 statements associated with H.R.6392.

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Bill Actions

Date	Description
Dec. 5, 2016	Received in the Senate.
Dec. 1, 2016	Motion to reconsider laid on the table Agreed to without objection.
Dec. 1, 2016	Vote in the House On passage Passed by the Yeas and Nays: 254 - 161 (Roll no. 599). (text: CR H7074-7075)
Dec. 1, 2016	Vote in the House On motion to recommit with instructions Failed by the Yeas and Nays: 178 - 236 (Roll no. 598).
Dec. 1, 2016	Considered as unfinished business. (consideration: CR H7098-7100)
Dec. 1, 2016	POSTPONED PROCEEDINGS - At the conclusion of debate on the motion to recommit with instructions, the Chair put the question on adopting the motion and by voice vote, announced that the ayes had prevailed. Ms. Waters (CA) demanded the yeas and nays, and pursuant to a previous order of the House, the Chair postponed further proceedings on the motion to recommit with instructions until a time to be announced.
Dec. 1, 2016	The previous question on the motion to recommit with instructions was ordered without objection. (consideration: CR H7086)
Dec. 1, 2016	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 to add an exemption to the underlying bill for any bank holding company over $50 billion that has any pending litigation or enforcement matters with an agency of the U.S. government, pending the reservation of a point of order. Subsequently, the point of order was withdrawn.
Dec. 1, 2016	Ms. Waters, Maxine moved to recommit with instructions to the Committee on Financial Services. (consideration: CR H7084; text: CR H7084)
Dec. 1, 2016	DEBATE - Pursuant to the provisions of H.Res. 934, the House proceeded with 10 minutes of debate on the Davidson amendment.
Dec. 1, 2016	DEBATE - The House proceeded with one hour of debate on H.R. 6392.
Dec. 1, 2016	Rule provides for consideration of H.R. 34 and H.R. 6392. Providing for consideration for the Senate amendment to H.R. 34 and for consideration of H.R. 6392.
Dec. 1, 2016	Considered under the provisions of rule H. Res. 934. (consideration: CR H7074-7086)
Dec. 1, 2016	ORDER OF PROCEDURE - Mr. Hensarling asked unanimous consent that the question of adopting a motion to recommit on H.R. 6392 be subject to postponement as though under Clause 8 of Rule 20. Agreed to without objection.
Nov. 30, 2016	Rule H. Res. 934 passed House.
Nov. 29, 2016	Rules Committee Resolution H. Res. 934 Reported to House. Rule provides for consideration of H.R. 34 and H.R. 6392. Providing for consideration for the Senate amendment to H.R. 34 and for consideration of H.R. 6392.
Nov. 22, 2016	Referred to the House Committee on Financial Services.
Nov. 22, 2016	Introduced in the House by Blaine Luetkemeyer (R-Mo.)

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