United States · Bill · HR
H.R. 4659 (115th)
To require the appropriate Federal banking agencies to recognize the exposure-reducing nature of client margin for cleared derivatives.
Introduced
14 December 2017
Last action
3 August 2018 · Reported
Status
Placed on the Union Calendar, Calendar No. 680.
Sponsors
Rep. Luetkemeyer, Blaine [R-MO-3], Rep. Lucas, Frank D. [R-OK-3], Rep. Vela, Filemon [D-TX-34], Rep. O'Halleran, Tom [D-AZ-1], David Scott, Rep. Sessions, Pete [R-TX-17], Rep. Hultgren, Randy [R-IL-14], Rep. Emmer, Tom [R-MN-6], Rep. Davis, Rodney [R-IL-13], Rep. Conaway, K. Michael [R-TX-11], Rep. Peterson, Collin C. [D-MN-7], Rep. Arrington, Jodey C. [R-TX-19], Rep. Gonzalez, Vicente [D-TX-34], Rep. Kustoff, David [R-TN-8], Rep. Scott, Austin [R-GA-8], Rep. Hill, J. French [R-AR-2], Rep. Messer, Luke [R-IN-6], Rep. Gottheimer, Josh [D-NJ-5]
Subjects
Discovery layer
Source updated
5 December 2025
Summary
This bill amends the Federal Deposit Insurance Act, the Bank Holding Company Act of 1956, and the Home Owners' Loan Act to exclude initial client margin funds (i.e., funds lent to a client by a broker to facilitate a derivatives contract) from leverage-exposure calculations for purposes of determining whether an insured depository institution, a bank holding company, or a savings and loan holding company is in compliance with federal leverage-based capital standards.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
14 December 2017
Introduced
Referred to the House Committee on Financial Services.
Source: IntroReferral
14 December 2017
Introduced
Introduced in House
Source: IntroReferral
14 December 2017
Introduced
Introduced in House
Source: IntroReferral
14 February 2018
Committee
Hearings Held by the Subcommittee on Capital Markets Prior to Referral.
Source: Committee
21 March 2018
Vote
Ordered to be Reported by the Yeas and Nays: 44 - 16.
Source: Committee
21 March 2018
Committee
Committee Consideration and Mark-up Session Held.
Source: Committee
3 August 2018
Calendars
Placed on the Union Calendar, Calendar No. 680.
Source: Calendars
3 August 2018
Reported
Reported by the Committee on Financial Services. H. Rept. 115-882.
Source: Committee
3 August 2018
Reported
Reported by the Committee on Financial Services. H. Rept. 115-882.
Source: Committee
Votes
No vote records are attached yet.
Versions
- Reported in House · 3 August 2018 · Download file
- Introduced in House · 14 December 2017 · Download file
Documents
6 official files
Reported in House (text)
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Reported in House (text)
Reported in House · EN · 3 August 2018
Reported in House (PDF)
Reported in House · EN · 3 August 2018
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Reported to House without amendment
summary · EN · 3 August 2018
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Introduced in House (text)
Introduced in House · EN · 14 December 2017
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Introduced in House (PDF)
Introduced in House · EN · 14 December 2017
ViewDownloadOpen at official source
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Introduced in House
summary · EN · 14 December 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. Luetkemeyer, Blaine [R-MO-3] · R · Sponsor
- Rep. Lucas, Frank D. [R-OK-3] · R · Sponsor
- Rep. Vela, Filemon [D-TX-34] · D · Sponsor
- Rep. O'Halleran, Tom [D-AZ-1] · D · Sponsor
- David Scott · D · Sponsor
- Rep. Sessions, Pete [R-TX-17] · R · Cosponsor
- Rep. Hultgren, Randy [R-IL-14] · R · Cosponsor
- Rep. Emmer, Tom [R-MN-6] · R · Cosponsor
- Rep. Davis, Rodney [R-IL-13] · R · Cosponsor
- Rep. Conaway, K. Michael [R-TX-11] · R · Cosponsor
- Rep. Peterson, Collin C. [D-MN-7] · D · Cosponsor
- Rep. Arrington, Jodey C. [R-TX-19] · R · Cosponsor
- Rep. Gonzalez, Vicente [D-TX-34] · D · Cosponsor
- Rep. Kustoff, David [R-TN-8] · R · Cosponsor
- Rep. Scott, Austin [R-GA-8] · R · Cosponsor
- Rep. Hill, J. French [R-AR-2] · R · Cosponsor
- Rep. Messer, Luke [R-IN-6] · R · Cosponsor
- Rep. Gottheimer, Josh [D-NJ-5] · D · Cosponsor
- · hsba00 · Standing
Related records
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/115th-congress/house-bill/4659
- Open data entity: https://api.congress.gov/v3/bill/115/hr/4659
- us · 115-hr-4659 · source updated 5 December 2025