US Congress House Bill 4293 (Prior Session Legislation)

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Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: Engrossed on April 12 2018 - 50% progression, died in committee
Action: 2018-04-12 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Engrossed) [PDF]

Stress Test Improvement Act of 2017 (Sec. 2) This bill amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to modify testing requirements applicable to bank holding companies and certain nonbank financial companies, including by: (1) establishing limitations on Comprehensive Capital Analysis and Review by the Federal Reserve Board, (2) reducing the frequency of stress testing from semiannual to annual, and (3) otherwise revising provisions related to stress testing. (Sec. 4) The bill amends the Federal Reserve Act to lower the maximum allowable amount of surplus funds of the Federal Reserve banks.

Stress Test Improvement Act of 2017

Rep. Lee Zeldin [R-NY]

Rep. David Scott [D-GA]

Rep. Josh Gottheimer [D-NJ]

2018-04-11 - House - On motion to recommit with instructions RC# 136 (Y: 188 N: 231 NV: 9 Abs: 0) [FAIL]
2018-04-11 - House - On passage RC# 137 (Y: 245 N: 174 NV: 9 Abs: 0) [PASS]

Date	Chamber	Action
2018-04-12	Senate	Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
2018-04-11	House	Motion to reconsider laid on the table Agreed to without objection.
2018-04-11	House	On passage Passed by the Yeas and Nays: 245 - 174 (Roll no. 137). (text: CR H3112)
2018-04-11	House	On motion to recommit with instructions Failed by the Yeas and Nays: 188 - 231 (Roll no. 136).
2018-04-11	House	Considered as unfinished business. (consideration: CR H3128-3129)
2018-04-11	House	POSTPONED PROCEEDINGS - At the conclusion of debate on the Maxine Waters motion to recommit with instructions, the Chair put the question on the motion to recommit and by voice vote announced that the ayes had prevailed. Ms. Maxine Waters demanded the yeas and nays, and the Chair postponed further proceedings on the motion to recommit until later in the legislative day.
2018-04-11	House	The previous question on the motion to recommit with instructions was ordered without objection.
2018-04-11	House	DEBATE - The House proceeded with 10 minutes of debate on the Maxine Waters motion to recommit with instructions. The instructions contained in the motion seek to report the same back to the House forthwith with an amendment to require stronger semi-annual stress tests for any global systemically important bank holding company or subsidiary that has engaged in a pattern of unsafe banking practices or any other violations related to consumer harm.
2018-04-11	House	Ms. Waters, Maxine moved to recommit with instructions to the Committee on Financial Services. (text: CR H3118)
2018-04-11	House	The previous question was ordered pursuant to the rule.
2018-04-11	House	DEBATE - The House proceeded with one hour of debate on H.R. 4293.
2018-04-11	House	The resolution provides for one hour of debate on each measure. The rule provides for H.R. 4061 and H.R. 4293 to be considered under closed rules.
2018-04-11	House	Considered under the provisions of rule H. Res. 780. (consideration: CR H3112-3119)
2018-03-15	House	Rule H. Res. 780 passed House.
2018-03-14	House	Rules Committee Resolution H. Res. 780 Reported to House. The resolution provides for one hour of debate on each measure. The rule provides for H.R. 4061 and H.R. 4293 to be considered under closed rules.
2018-03-13	House	Placed on the Union Calendar, Calendar No. 451.
2018-03-13	House	Reported (Amended) by the Committee on Financial Services. H. Rept. 115-593.
2017-11-15	House	Ordered to be Reported (Amended) by the Yeas and Nays: 38 - 21.
2017-11-15	House	Committee Consideration and Mark-up Session Held.
2017-11-07	House	Referred to the House Committee on Financial Services.
2017-11-07	House	Introduced in House

HR780 (Related) 2018-03-15 - Motion to reconsider laid on the table Agreed to without objection.

Type	Source
Summary	https://www.congress.gov/bill/115th-congress/house-bill/4293/all-info
Text	https://www.congress.gov/115/bills/hr4293/BILLS-115hr4293ih.pdf
Text	https://www.congress.gov/115/bills/hr4293/BILLS-115hr4293rh.pdf
Text	https://www.congress.gov/115/bills/hr4293/BILLS-115hr4293eh.pdf
Roll Call	https://clerk.house.gov/Votes/2018137
Roll Call	https://clerk.house.gov/Votes/2018136