H.R. 1116
Referred to CommitteeTAILOR Act of 2017
Latest Action
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
3/15/2018 • Senate
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 bill's tailoring requirement applies not only to future regulatory actions but also to regulations adopted within the last seven years.
(Sec. 3) The bill amends the Federal Reserve Act to lower the maximum allowable amount of surplus funds of the Federal Reserve banks.
Passed House amended • 3/14/2018
Topics & Subjects
CBO Cost Estimates (1)
Amendments (1)
This bill has 1 amendment proposed or adopted.
View all amendments on Congress.govCongressional Votes (2)
On Passage
March 14, 2018
On Motion to Recommit with Instructions
March 14, 2018
Related Federal Spending
Sponsor & Cosponsors (86)
Party Breakdown
Sponsor
Cosponsors (85)
Bill Journey
Originated in the House
Introduced
February 16, 2017
Committee Review
October 11, 2017
Floor Debate
March 14, 2018
Passed Chamber
March 14, 2018
Other Chamber
President
Failed
March 14, 2018
Text Versions (4)
Committee Reports (1)
Related Bills (5)
H.Res. 773
Providing for consideration of the bill (H.R. 4545) to amend the Federal Financial Institutions Examination Council Act of 1978 to improve the examination of depository institutions, and for other purposes; providing for consideration of the bill (H.R. 1116) to require the Federal financial institutions regulatory agencies to take risk profiles and business models of institutions into account when taking regulatory actions, and for other purposes; and providing for consideration of the bill (H.R. 4263) to amend the Securities Act of 1933 with respect to small company capital formation, and for other purposes.
H.R. 10
Financial CHOICE Act of 2017
H.R. 3354
Make America Secure and Prosperous Appropriations Act, 2018
H.R. 3280
Financial Services and General Government Appropriations Act, 2018
H.R. 741
TAILOR Act of 2019