H.R.4296: To place requirements on operational risk capital requirements for banking organizations established by an appropriate Federal banking agency.

About This Bill

  • Introduced Nov. 8, 2017
  • Latest Major Action Feb. 28, 2018

Bill Cosponsors

2 (1 Democrat, 1 Republican)

Bill Versions

Bill Summary

(Sec. 1) This bill specifies that a federal banking agency may not establish an operational-risk capital requirement for banking organizations unless the requirement: (1) is based on, and is appropriately sensitive to, current risks; (2) is determined under a forward-looking assessment of potential losses; and (3) allows certain adjustments. (Sec. 2) The bill amends the Federal Reserve Act to lower the maximum allowable amount of surplus...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There are 9 statements associated with H.R.4296.

Congressional Budget Office Estimate

The Congressional Budget Office has produced a cost estimate for H.R.4296.

Bill Actions

Date Description
Feb. 28, 2018
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Feb. 27, 2018

On passage Passed by the Yeas and Nays: 245 - 169 (Roll no. 89).

Feb. 27, 2018
Ms. Waters, Maxine moved to recommit with instructions to the Committee on Financial Services.
Feb. 27, 2018
Considered under the provisions of rule H. Res. 747.
Feb. 27, 2018

On passage Passed by the Yeas and Nays: 245 - 169 (Roll no. 89). (text of amendment in the nature of a substitute: CR H1308)

Feb. 27, 2018
Ms. Waters, Maxine moved to recommit with instructions to the Committee on Financial Services. (text: CR H1314-1315)
Feb. 27, 2018
Considered under the provisions of rule H. Res. 747. (consideration: CR H1308-1317)
Feb. 27, 2018
Motion to reconsider laid on the table Agreed to without objection.
Feb. 27, 2018

On motion to recommit with instructions Failed by the Yeas and Nays: 185 - 228 (Roll no. 88).

Feb. 27, 2018
The previous question on the motion to recommit with instructions was ordered without objection.
Feb. 27, 2018
DEBATE - The House proceeded with 10 minutes of debate on the Waters(CA) 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 global systematically important bank holding company or subsidiary that has engaged in a pattern or practice of unsafe or unsound banking practices related to consumer harm.
Feb. 27, 2018
The previous question was ordered pursuant to the rule.
Feb. 27, 2018
DEBATE - The House proceeded with one hour of debate on H.R. 4296.
Feb. 27, 2018
Rule provides for consideration of H.R. 4296 and H.R. 4607. Rule provides for consideration of H.R. 4296 and H.R. 4607 under closed rules with one hour of debate equally divided and controlled by the Chair and Ranking Member of the Committee on Financial Services for each measure.
Feb. 26, 2018
Rules Committee Resolution H. Res. 747 Reported to House. Rule provides for consideration of H.R. 4296 and H.R. 4607. Rule provides for consideration of H.R. 4296 and H.R. 4607 under closed rules with one hour of debate equally divided and controlled by the Chair and Ranking Member of the Committee on Financial Services for each measure.
Feb. 23, 2018
Placed on the Union Calendar, Calendar No. 434.
Feb. 23, 2018
Reported (Amended) by the Committee on Financial Services. H. Rept. 115-574.
Nov. 15, 2017
Ordered to be Reported by the Yeas and Nays: 43 - 17.
Nov. 15, 2017
Committee Consideration and Mark-up Session Held.
Nov. 8, 2017
Referred to the House Committee on Financial Services.
Nov. 8, 2017

Introduced in the House by Blaine Luetkemeyer (R-Mo.)

Close Comment Creative Commons Donate Email Facebook Mobile Phone Podcast Print Google News logo Google_NewsInitiative_Lockup_FullColor RSS Search Search Twitter WhatsApp Resolving differences Check Building Arrow right Info circle Oops OOPS Pencil File text Bars Search Close Cogs Filter Compare Revolving Door Info card Activity Member menu Globe Document External link Quote News Calendar No Vote
Current site Current page