United States · Bill · HR
H.R. 4061 (115th)
Financial Stability Oversight Council Improvement Act of 2017
Introduced
12 October 2017
Last action
12 April 2018 · Introduced
Status
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sponsors
Rep. Ross, Dennis A. [R-FL-15], Rep. Delaney, John K. [D-MD-6], Rep. Luetkemeyer, Blaine [R-MO-3], Sen. Sinema, Kyrsten [I-AZ], Rep. McHenry, Patrick T. [R-NC-10], Rep. Meeks, Gregory W. [D-NY-5], Rep. Huizenga, Bill [R-MI-4], David Scott, Rep. Duffy, Sean P. [R-WI-7], Rep. Foster, Bill [D-IL-11], Rep. Barr, Andy [R-KY-6], Rep. Sherman, Brad [D-CA-32], Rep. Wagner, Ann [R-MO-2], Rep. Perlmutter, Ed [D-CO-7], Rep. Royce, Edward R. [R-CA-39], Rep. Himes, James A. [D-CT-4], Rep. Lucas, Frank D. [R-OK-3], Rep. Gottheimer, Josh [D-NJ-5], Rep. Stivers, Steve [R-OH-15], Rep. Kihuen, Ruben J. [D-NV-4], Rep. Pittenger, Robert [R-NC-9], Rep. Beatty, Joyce [D-OH-3], Rep. Messer, Luke [R-IN-6], Rep. Sewell, Terri A. [D-AL-7], Rep. Tipton, Scott R. [R-CO-3], Rep. Kilmer, Derek [D-WA-6], Rep. Williams, Roger [R-TX-25], Rep. Peters, Scott H. [D-CA-50], Rep. Poliquin, Bruce [R-ME-2], Rep. Kind, Ron [D-WI-3], Rep. Love, Mia B. [R-UT-4], Rep. DelBene, Suzan K. [D-WA-1], Rep. Hill, J. French [R-AR-2], Rep. Cárdenas, Tony [D-CA-29], Rep. Emmer, Tom [R-MN-6], Rep. Quigley, Mike [D-IL-5], Rep. Mooney, Alexander X. [R-WV-2], Rep. Costa, Jim [D-CA-21], Rep. MacArthur, Thomas [R-NJ-3], Rep. Boyle, Brendan F. [D-PA-2], Rep. Costello, Ryan A. [R-PA-6], Rep. Thompson, Mike [D-CA-4], James Renacci, Rep. Rice, Kathleen M. [D-NY-4], Rep. Schweikert, David [R-AZ-1], Rep. Moulton, Seth [D-MA-6], Rep. Sessions, Pete [R-TX-17], Rep. Norcross, Donald [D-NJ-1]
Subjects
Discovery layer
Source updated
7 April 2025
Summary
Financial Stability Oversight Council Improvement Act of 2017 This bill amends the Financial Stability Act of 2010 to require the Financial Stability Oversight Council, in determining whether a nonbank financial company shall be designated as systemically important and consequently be supervised by the Federal Reserve Board and subject to prudential standards, to consider the appropriateness of imposing such standards as opposed to other forms of regulation to mitigate identified risks to U.S. financial stability. Every five years, the council must, upon request by a nonbank financial company, reevaluate such a determination and hold a vote on whether to rescind it. The bill revises procedural requirements related to council determinations.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
12 October 2017
Introduced
Referred to the House Committee on Financial Services.
Source: IntroReferral
12 October 2017
Introduced
Introduced in House
Source: IntroReferral
12 October 2017
Introduced
Introduced in House
Source: IntroReferral
17 January 2018
Committee
Committee Consideration and Mark-up Session Held.
Source: Committee
18 January 2018
Vote
Ordered to be Reported by the Yeas and Nays: 45 - 10.
Source: Committee
18 January 2018
Committee
Committee Consideration and Mark-up Session Held.
Source: Committee
9 March 2018
Calendars
Placed on the Union Calendar, Calendar No. 450.
Source: Calendars
9 March 2018
Reported
Reported by the Committee on Financial Services. H. Rept. 115-592.
Source: Committee
9 March 2018
Reported
Reported by the Committee on Financial Services. H. Rept. 115-592.
Source: Committee
14 March 2018
Reported
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.
Source: Floor
11 April 2018
Passed
Motion to reconsider laid on the table Agreed to without objection.
Source: Floor
11 April 2018
Vote
On passage Passed by the Yeas and Nays: 297 - 121 (Roll no. 135). (text: CR H3119-3121)
Source: Floor
11 April 2018
Vote
Passed/agreed to in House: On passage Passed by the Yeas and Nays: 297 - 121 (Roll no. 135).(text: CR H3119-3121)
Source: Floor
11 April 2018
Floor
The previous question was ordered pursuant to the rule.
Source: Floor
11 April 2018
Floor
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.
Source: Floor
11 April 2018
Floor
Considered under the provisions of rule H. Res. 780. (consideration: CR H3119-3128)
Source: Floor
12 April 2018
Introduced
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Source: IntroReferral
Votes
11 April 2018 · passed · On Passage · Passed · Official source
Yes 297 · No 121 · Abstain — · Absent/not voting 10
- Rep. Ferguson, A. Drew, IV [R-GA-3]Yea
- Rep. McEachin, A. Donald [D-VA-4]Yea
- Rep. Hastings, Alcee L. [D-FL-20]Nay
- Rep. Kinzinger, Adam [R-IL-16]Yea
Showing the first 4 recorded positions. Vote totals above are complete.
Versions
- Referred in Senate · 12 April 2018 · Download file
- Engrossed in House · 11 April 2018 · Download file
- Reported in House · 9 March 2018 · Download file
- Introduced in House · 12 October 2017 · Download file
Documents
11 official files
Referred in Senate (text)
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Referred in Senate (text)
Referred in Senate · EN · 12 April 2018
Referred in Senate (PDF)
Referred in Senate · EN · 12 April 2018
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Engrossed in House (text)
Engrossed in House · EN · 11 April 2018
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Engrossed in House (PDF)
Engrossed in House · EN · 11 April 2018
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Passed House amended
summary · EN · 11 April 2018
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Reported in House (text)
Reported in House · EN · 9 March 2018
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Reported in House (PDF)
Reported in House · EN · 9 March 2018
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Reported to House without amendment
summary · EN · 9 March 2018
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Introduced in House (text)
Introduced in House · EN · 12 October 2017
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Introduced in House (PDF)
Introduced in House · EN · 12 October 2017
ViewDownloadOpen at official source
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Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Introduced in House
summary · EN · 12 October 2017
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Sponsors
- Rep. Ross, Dennis A. [R-FL-15] · R · Sponsor
- Rep. Delaney, John K. [D-MD-6] · D · Sponsor
- Rep. Luetkemeyer, Blaine [R-MO-3] · R · Sponsor
- Sen. Sinema, Kyrsten [I-AZ] · D · Sponsor
- Rep. McHenry, Patrick T. [R-NC-10] · R · Sponsor
- Rep. Meeks, Gregory W. [D-NY-5] · D · Sponsor
- Rep. Huizenga, Bill [R-MI-4] · R · Sponsor
- David Scott · D · Sponsor
- Rep. Duffy, Sean P. [R-WI-7] · R · Sponsor
- Rep. Foster, Bill [D-IL-11] · D · Sponsor
- Rep. Barr, Andy [R-KY-6] · R · Sponsor
- Rep. Sherman, Brad [D-CA-32] · D · Sponsor
- Rep. Wagner, Ann [R-MO-2] · R · Sponsor
- Rep. Perlmutter, Ed [D-CO-7] · D · Sponsor
- Rep. Royce, Edward R. [R-CA-39] · R · Sponsor
- Rep. Himes, James A. [D-CT-4] · D · Sponsor
- Rep. Lucas, Frank D. [R-OK-3] · R · Sponsor
- Rep. Gottheimer, Josh [D-NJ-5] · D · Sponsor
- Rep. Stivers, Steve [R-OH-15] · R · Sponsor
- Rep. Kihuen, Ruben J. [D-NV-4] · D · Sponsor
- Rep. Pittenger, Robert [R-NC-9] · R · Sponsor
- Rep. Beatty, Joyce [D-OH-3] · D · Sponsor
- Rep. Messer, Luke [R-IN-6] · R · Sponsor
- Rep. Sewell, Terri A. [D-AL-7] · D · Sponsor
- Rep. Tipton, Scott R. [R-CO-3] · R · Sponsor
- Rep. Kilmer, Derek [D-WA-6] · D · Sponsor
- Rep. Williams, Roger [R-TX-25] · R · Sponsor
- Rep. Peters, Scott H. [D-CA-50] · D · Sponsor
- Rep. Poliquin, Bruce [R-ME-2] · R · Sponsor
- Rep. Kind, Ron [D-WI-3] · D · Sponsor
- Rep. Love, Mia B. [R-UT-4] · R · Sponsor
- Rep. DelBene, Suzan K. [D-WA-1] · D · Sponsor
- Rep. Hill, J. French [R-AR-2] · R · Sponsor
- Rep. Cárdenas, Tony [D-CA-29] · D · Sponsor
- Rep. Emmer, Tom [R-MN-6] · R · Sponsor
- Rep. Quigley, Mike [D-IL-5] · D · Sponsor
- Rep. Mooney, Alexander X. [R-WV-2] · R · Sponsor
- Rep. Costa, Jim [D-CA-21] · D · Sponsor
- Rep. MacArthur, Thomas [R-NJ-3] · R · Sponsor
- Rep. Boyle, Brendan F. [D-PA-2] · D · Sponsor
- Rep. Costello, Ryan A. [R-PA-6] · R · Sponsor
- Rep. Thompson, Mike [D-CA-4] · D · Sponsor
- James Renacci · R · Sponsor
- Rep. Rice, Kathleen M. [D-NY-4] · D · Sponsor
- Rep. Schweikert, David [R-AZ-1] · R · Sponsor
- Rep. Moulton, Seth [D-MA-6] · D · Sponsor
- Rep. Sessions, Pete [R-TX-17] · R · Sponsor
- Rep. Norcross, Donald [D-NJ-1] · D · Sponsor
Showing 48 of 60 sponsors and actors.
Related records
- related to ← Providing for consideration of the bill (H.R. 4061) to amend the Financial Stability Act of 2010 to improve the transparency of the Financial Stability Oversight Council, to improve the SIFI designation process, and for other purposes, and providing for consideration of the bill (H.R. 4293) to reform the Comprehensive Capital Analysis and Review process, the Dodd-Frank Act Stress Test process, and for other purposes.
- related to ← Interior, Environment, Financial Services and General Government, Agriculture, Rural Development, Food and Drug Administration, and Transportation, Housing and Urban Development Appropriations Act, 2019
- related to ← Financial Stability Oversight Council Improvement Act of 2015
- amends ← Pursuant to the provisions of H.Res. 780, the amendment in the nature of a substitute consisting of the text of Rules Committee Print 115-64, modified by the amendment printed in part A of House Report 115-600 is considered adopted.
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/115th-congress/house-bill/4061
- Open data entity: https://api.congress.gov/v3/bill/115/hr/4061
- us · 115-hr-4061 · source updated 7 April 2025