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United States · Bill · HR

H.R. 4292 (115th)

Financial Institution Living Will Improvement Act of 2017

referredUnited States· United States Congress· EN

Introduced

7 November 2017

Last action

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Status

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

Sponsors

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Subjects

Discovery layer

Source updated

5 December 2025

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Summary

Financial Institution Living Will Improvement Act of 2017 This bill amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to limit the frequency with which certain nonbank financial companies and bank holding companies shall be required to submit a "living will" (i.e., the company's plan for rapid and orderly resolution in the event of financial distress or failure) to the Federal Reserve Board (FRB), the Financial Stability Oversight Council, and the Federal Deposit Insurance Corporation (FDIC). Specifically, such companies shall be required to do so no more than once every two years.  The FRB and the FDIC must provide feedback to a company regarding such a plan within six months.

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Documents

11 official files

Referred in Senate (text)

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