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- H.R.1116
H.R.1116: TAILOR Act of 2017
About This Bill
- Introduced Feb. 16, 2017
- Latest Major Action March 15, 2018
- See the three similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
85 (5 Democrats, 80 Republicans)
Bill Versions
- Referred in Senate - March 15, 2018
- Engrossed in House - March 14, 2018
- Reported in House - March 6, 2018
- Introduced in House - Feb. 16, 2017
Bill Summary
Taking Account of Institutions with Low Operation Risk Act of 2017 or the TAILOR Act of 2017 (Sec. 2) This bill requires federal financial regulatory agencies to: (1) tailor any regulatory actions so as to limit burdens on the institutions involved, with consideration of the risk profiles and business models of those institutions; and (2) report to Congress on specific actions taken to do so, as well as on other related issues. The...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Congressional Budget Office Estimate
Bill Actions
| Date | Description |
|---|---|
| March 15, 2018 |
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
|
| March 14, 2018 |
Vote in the HouseOn passage Passed by the Yeas and Nays: 247 - 169 (Roll no. 108). |
| March 14, 2018 |
Mr. Connolly moved to recommit with instructions to the Committee on Financial Services.
|
| March 14, 2018 |
Considered under the provisions of rule H. Res. 773.
|
| March 14, 2018 |
Motion to reconsider laid on the table Agreed to without objection.
|
| March 14, 2018 |
Vote in the HouseOn motion to recommit with instructions Failed by the Yeas and Nays: 182 - 232 (Roll no. 107). |
| March 14, 2018 |
The previous question on the motion to recommit with instructions was ordered without objection.
|
| March 14, 2018 |
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 insert on page 3, line 22 ", unless such tailoring is done 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 otherwise determined inappropriate by the appropriate Federal financial regulator" before the period at the end.
|
| March 14, 2018 |
The previous question was ordered pursuant to the rule.
|
| March 14, 2018 |
DEBATE - The House proceeded with one hour of debate on H.R. 1116.
|
| March 14, 2018 |
Rule provides for consideration of H.R. 4545, H.R. 1116 and H.R. 4263. Rule provides for consideration of H.R. 4545 under a structured rule, and makes in order amendments printed in the report, with one motion to recommit with or without instructions. Rule also provides for consideration of H.R. 1116 and H.R. 4263 under closed rules. The rule provides for one hour of debate equally divided and controlled by the Chair and Ranking Minority Member of the Committee on Financial Services for each measure, and one motion to recommit with or without instructions for each measure.
|
| March 14, 2018 |
Vote in the HouseOn passage Passed by the Yeas and Nays: 247 - 169 (Roll no. 108). (text: CR H1576) |
| March 14, 2018 |
Mr. Connolly moved to recommit with instructions to the Committee on Financial Services. (text: CR H1583)
|
| March 14, 2018 |
Considered under the provisions of rule H. Res. 773. (consideration: CR H1576-1585)
|
| March 13, 2018 |
Rules Committee Resolution H. Res. 773 Reported to House. Rule provides for consideration of H.R. 4545, H.R. 1116 and H.R. 4263. Rule provides for consideration of H.R. 4545 under a structured rule, and makes in order amendments printed in the report, with one motion to recommit with or without instructions. Rule also provides for consideration of H.R. 1116 and H.R. 4263 under closed rules. The rule provides for one hour of debate equally divided and controlled by the Chair and Ranking Minority Member of the Committee on Financial Services for each measure, and one motion to recommit with or without instructions for each measure.
|
| March 6, 2018 |
Placed on the Union Calendar, Calendar No. 446.
|
| March 6, 2018 |
Reported by the Committee on Financial Services. H. Rept. 115-588.
|
| Oct. 12, 2017 |
Ordered to be Reported by the Yeas and Nays: 39 - 21.
|
| Oct. 12, 2017 |
Committee Consideration and Mark-up Session Held.
|
| Oct. 11, 2017 |
Committee Consideration and Mark-up Session Held.
|
| Feb. 16, 2017 |
Referred to the House Committee on Financial Services.
|
| Feb. 16, 2017 |
Introduced in the House by Scott Tipton (R-Colo.) |