H.R.4292: Financial Institution Living Will Improvement Act of 2017

About This Bill

  • Introduced Nov. 7, 2017
  • Latest Major Action Feb. 5, 2018

Bill Sponsor

Bill Versions

Bill Summary

Financial Institution Living Will Improvement Act of 2017 (Sec. 2) This bill amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to establish the frequency with which certain nonbank financial companies and bank holding companies shall be required to submit a "living will" (i.e., the company's plan for rapid and orderly resolution in the event of financial distress or failure) to the Federal Reserve Board (FRB), the Financial...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There are 6 statements associated with H.R.4292.

Congressional Budget Office Estimate

The Congressional Budget Office has produced a cost estimate for H.R.4292.

Bill Actions

Date Description
Feb. 5, 2018
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jan. 30, 2018
Considered as unfinished business.
Jan. 30, 2018
Motion to reconsider laid on the table Agreed to without objection.
Jan. 30, 2018

On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 414 - 0 (Roll no. 50).

Jan. 30, 2018
Considered as unfinished business. (consideration: CR H725)
Jan. 29, 2018
Considered under suspension of the rules.
Jan. 29, 2018
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
Jan. 29, 2018
DEBATE - The House proceeded with forty minutes of debate on H.R. 4292.
Jan. 29, 2018
Mr. Tipton moved to suspend the rules and pass the bill, as amended.
Jan. 29, 2018
Considered under suspension of the rules. (consideration: CR H650-652; text: CR H650-651)
Dec. 14, 2017
Placed on the Union Calendar, Calendar No. 345.
Dec. 14, 2017
Reported (Amended) by the Committee on Financial Services. H. Rept. 115-465.
Nov. 15, 2017
Ordered to be Reported (Amended) by the Yeas and Nays: 60 - 0.
Nov. 15, 2017
Committee Consideration and Mark-up Session Held.
Nov. 7, 2017
Referred to the House Committee on Financial Services.
Nov. 7, 2017

Introduced in the House by Lee Zeldin (R-N.Y.)

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