TAILOR Act of 2017

Summary

Taking Account of Institutions with Low Operation Risk Act of 2017 or the TAILOR Act of 2017 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.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 16 February 2017

   Introduced

   Introduced in House

   Source: IntroReferral

2. 16 February 2017

   Introduced

   Referred to the House Committee on Financial Services.

   Source: IntroReferral

3. 16 February 2017

   Introduced

   Introduced in House

   Source: IntroReferral

4. 11 October 2017

   Committee

   Committee Consideration and Mark-up Session Held.

   Source: Committee

5. 12 October 2017

   Vote

   Ordered to be Reported by the Yeas and Nays: 39 - 21.

   Source: Committee

6. 12 October 2017

   Committee

   Committee Consideration and Mark-up Session Held.

   Source: Committee

7. 6 March 2018

   Calendars

   Placed on the Union Calendar, Calendar No. 446.

   Source: Calendars

8. 6 March 2018

   Reported

   Reported by the Committee on Financial Services. H. Rept. 115-588.

   Source: Committee

9. 6 March 2018

   Reported

   Reported by the Committee on Financial Services. H. Rept. 115-588.

   Source: Committee

10. 13 March 2018

    Reported

    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.

    Source: Floor

11. 14 March 2018

    Passed

    Motion to reconsider laid on the table Agreed to without objection.

    Source: Floor

12. 14 March 2018

    Vote

    On passage Passed by the Yeas and Nays: 247 - 169 (Roll no. 108). (text: CR H1576)

    Source: Floor

13. 14 March 2018

    Vote

    Passed/agreed to in House: On passage Passed by the Yeas and Nays: 247 - 169 (Roll no. 108).(text: CR H1576)

    Source: Floor

14. 14 March 2018

    Vote

    On motion to recommit with instructions Failed by the Yeas and Nays: 182 - 232 (Roll no. 107).

    Source: Floor

15. 14 March 2018

    Floor

    The previous question on the motion to recommit with instructions was ordered without objection.

    Source: Floor

16. 14 March 2018

    Floor

    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.

    Source: Floor

17. 14 March 2018

    Floor

    Mr. Connolly moved to recommit with instructions to the Committee on Financial Services. (text: CR H1583)

    Source: Floor

18. 14 March 2018

    Floor

    The previous question was ordered pursuant to the rule.

    Source: Floor

19. 14 March 2018

    Floor

    Considered under the provisions of rule H. Res. 773. (consideration: CR H1576-1585)

    Source: Floor

20. 15 March 2018

    Introduced

    Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    Source: IntroReferral

Votes

Versions

• Referred in Senate · 15 March 2018 · Official file
• Engrossed in House · 14 March 2018 · Official file
• Reported in House · 6 March 2018 · Official file
• Introduced in House · 16 February 2017 · Official file

Documents

11 official files

• Referred in Senate (text)

  Referred in Senate · EN · 15 March 2018

  ViewDownloadOpen at official source

• Referred in Senate (PDF)

  Referred in Senate · EN · 15 March 2018

  ViewDownloadOpen at official source

• Engrossed in House (text)

  Engrossed in House · EN · 14 March 2018

  ViewDownloadOpen at official source

• Engrossed in House (PDF)

  Engrossed in House · EN · 14 March 2018

  ViewDownloadOpen at official source

• Passed House amended

  summary · EN · 14 March 2018

  Open at official source

• Reported in House (text)

  Reported in House · EN · 6 March 2018

  ViewDownloadOpen at official source

• Reported in House (PDF)

  Reported in House · EN · 6 March 2018

  ViewDownloadOpen at official source

• Reported to House without amendment

  summary · EN · 6 March 2018

  Open at official source

• Introduced in House (text)

  Introduced in House · EN · 16 February 2017

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 16 February 2017

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 16 February 2017

  Open at official source

Sponsors

• Scott Tipton · R · Sponsor
• Robert Pittenger · R · Sponsor
• ED ROYCE · R · Sponsor
• Bill Posey · R · Sponsor
• Rep. Williams, Roger [R-TX-25] · R · Sponsor
• Mia Love · R · Sponsor
• Barry Loudermilk · R · Sponsor
• David Trott · R · Sponsor
• Andy Barr · R · Sponsor
• Steve King · R · Cosponsor
• Dennis Ross · R · Cosponsor
• Rep. Tenney, Claudia [R-NY-24] · R · Cosponsor
• Robert Latta · R · Cosponsor
• Bruce Poliquin · R · Cosponsor
• Frank Lucas · R · Cosponsor
• Mark Sanford · R · Cosponsor
• Randy Hultgren · R · Cosponsor
• Gregg Harper · R · Cosponsor
• Trent Kelly · R · Cosponsor
• Evan Jenkins · R · Cosponsor
• COLLIN PETERSON · D · Cosponsor
• Roger Marshall · R · Cosponsor
• David McKinley · R · Cosponsor
• Kevin Cramer · R · Cosponsor
• James Renacci · R · Cosponsor
• Rob Bishop · R · Cosponsor
• Don Bacon · R · Cosponsor
• Tom Emmer · R · Cosponsor
• Jason Lewis · R · Cosponsor
• PETER KING · R · Cosponsor
• Rep. Arrington, Jodey C. [R-TX-19] · R · Cosponsor
• Ron DeSantis · R · Cosponsor
• Robert Wittman · R · Cosponsor
• Timothy Walz · D · Cosponsor
• Mike Coffman · R · Cosponsor
• David Young · R · Cosponsor
• Kristi Noem · R · Cosponsor
• Bill Johnson · R · Cosponsor
• Erik Paulsen · R · Cosponsor
• Filemon Vela · D · Cosponsor
• STEVE CHABOT · R · Cosponsor
• Mike Gallagher · R · Cosponsor
• Brian Babin · R · Cosponsor
• Jim Bridenstine · R · Cosponsor
• Mike Bost · R · Cosponsor
• Ken Buck · R · Cosponsor
• Ann Wagner · R · Cosponsor
• Keith Rothfus · R · Cosponsor

Showing 48 of 88 sponsors and actors.

Related records

• related to → Financial CHOICE Act of 2017
• related to → TAILOR Act of 2019
• related to ← Financial Services and General Government Appropriations Act, 2018
• related to ← Make America Secure and Prosperous Appropriations Act, 2018
• related to ← 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.