Financial Institutions Due Process Act of 2017

Summary

Financial Institutions Due Process Act of 2017 This bill amends the Federal Financial Institutions Examination Council Act of 1978 to establish an Independent Examination Review Panel. The panel shall have exclusive jurisdiction of an appeal of a final material supervisory determination of a federal financial institutions regulatory agency. A financial institution may request from a federal financial institutions regulatory agency a written determination of the agency's: (1) permission to take an action, and (2) interpretation of a law or regulation. An agency must respond to such a request within a specified timeframe. The bill also establishes timeframes within which a federal financial institutions regulatory agency must: (1) conduct an exit interview with respect to the examination of a financial institution, and (2) provide a final examination report.

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

Timeline

1. 7 February 2017

   Introduced

   Introduced in House

   Source: IntroReferral

2. 7 February 2017

   Introduced

   Introduced in House

   Source: IntroReferral

3. 7 February 2017

   Introduced

   Referred to the House Committee on Financial Services.

   Source: IntroReferral

4. 12 July 2017

   Committee

   Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Referral.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · 7 February 2017 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 7 February 2017

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 7 February 2017

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 7 February 2017

  Open at official source

Sponsors

• Keith Rothfus · R · Sponsor
• Blaine Luetkemeyer · R · Cosponsor
• · hsba00 · Standing

Related records

• related to ← Financial Institution Examination Responsiveness Act