United States · Bill · S
S. 1002 (115th)
CLEAR Relief Act of 2017
Introduced
2 May 2017
Last action
15 June 2017 · Committee
Status
Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-106.
Sponsors
Sen. Moran, Jerry [R-KS], Sen. Tester, Jon [D-MT], Sen. Heitkamp, Heidi [D-ND], Sen. Tillis, Thomas [R-NC], Sen. Manchin, Joe, III [D-WV], Sen. Donnelly, Joe [D-IN], Sen. Klobuchar, Amy [D-MN], Sen. Scott, Tim [R-SC], Sen. Daines, Steve [R-MT], Sen. Perdue, David [R-GA], Sen. Blunt, Roy [R-MO], Sen. Inhofe, James M. [R-OK], Sen. Grassley, Chuck [R-IA], Sen. Rubio, Marco [R-FL], Sen. Barrasso, John [R-WY], Sen. Fischer, Deb [R-NE], Sen. Enzi, Michael B. [R-WY], Sen. Bennet, Michael F. [D-CO], Sen. Heller, Dean [R-NV], Sen. Ernst, Joni [R-IA], Sen. Rounds, Mike [R-SD], Sen. Heinrich, Martin [D-NM], Sen. Kennedy, John [R-LA], Sen. King, Angus S., Jr. [I-ME], Sen. Flake, Jeff [R-AZ], Sen. Udall, Tom [D-NM], Sen. Toomey, Patrick [R-PA], Sen. Capito, Shelley Moore [R-WV], Sen. Shaheen, Jeanne [D-NH], Sen. Portman, Rob [R-OH], Sen. Hoeven, John [R-ND], Sen. Risch, James E. [R-ID], Sen. Lankford, James [R-OK], Sen. Warner, Mark R. [D-VA], Sen. Cotton, Tom [R-AR], Sen. Kaine, Tim [D-VA]
Subjects
Discovery layer
Source updated
11 August 2025
Summary
Community Lending Enhancement and Regulatory Relief Act of 2017 or the CLEAR Relief Act of 2017 This bill amends the Sarbanes-Oxley Act of 2002 to exempt from specified reporting and attestation requirements a community bank with assets of $1 billion or less. The bill amends the Truth in Lending Act to exempt from certain escrow requirements and residential mortgage loan standards a residential mortgage loan held by a depository institution with assets of $10 billion or less. The bill further amends that Act, as well as the Consumer Protection Act of 2010, to exempt certain creditors from specified disclosure requirements. In addition, the bill amends the Bank Holding Company Act of 1956 to exempt from the Volcker Rule a depository institution with assets of $10 billion or less. (The Volcker Rule prohibits banking agencies from engaging in proprietary trading or entering into certain relationships with hedge funds and private-equity funds.)
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
2 May 2017
Introduced
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Source: IntroReferral
2 May 2017
Introduced
Introduced in Senate
Source: IntroReferral
18 May 2017
Committee
Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-57.
Source: Committee
8 June 2017
Committee
Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-81.
Source: Committee
15 June 2017
Committee
Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-106.
Source: Committee
Votes
No vote records are attached yet.
Versions
- Introduced in Senate · 2 May 2017 · Download file
Documents
3 official files
Introduced in Senate (text)
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Introduced in Senate (text)
Introduced in Senate · EN · 2 May 2017
Introduced in Senate (PDF)
Introduced in Senate · EN · 2 May 2017
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Introduced in Senate
summary · EN · 2 May 2017
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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
- Sen. Moran, Jerry [R-KS] · R · Sponsor
- Sen. Tester, Jon [D-MT] · D · Sponsor
- Sen. Heitkamp, Heidi [D-ND] · D · Sponsor
- Sen. Tillis, Thomas [R-NC] · R · Sponsor
- Sen. Manchin, Joe, III [D-WV] · D · Cosponsor
- Sen. Donnelly, Joe [D-IN] · D · Cosponsor
- Sen. Klobuchar, Amy [D-MN] · D · Cosponsor
- Sen. Scott, Tim [R-SC] · R · Cosponsor
- Sen. Daines, Steve [R-MT] · R · Cosponsor
- Sen. Perdue, David [R-GA] · R · Cosponsor
- Sen. Blunt, Roy [R-MO] · R · Cosponsor
- Sen. Inhofe, James M. [R-OK] · R · Cosponsor
- Sen. Grassley, Chuck [R-IA] · R · Cosponsor
- Sen. Rubio, Marco [R-FL] · R · Cosponsor
- Sen. Barrasso, John [R-WY] · R · Cosponsor
- Sen. Fischer, Deb [R-NE] · R · Cosponsor
- Sen. Enzi, Michael B. [R-WY] · R · Cosponsor
- Sen. Bennet, Michael F. [D-CO] · D · Cosponsor
- Sen. Heller, Dean [R-NV] · R · Cosponsor
- Sen. Ernst, Joni [R-IA] · R · Cosponsor
- Sen. Rounds, Mike [R-SD] · R · Cosponsor
- Sen. Heinrich, Martin [D-NM] · D · Cosponsor
- Sen. Kennedy, John [R-LA] · R · Cosponsor
- Sen. King, Angus S., Jr. [I-ME] · I · Cosponsor
- Sen. Flake, Jeff [R-AZ] · R · Cosponsor
- Sen. Udall, Tom [D-NM] · D · Cosponsor
- Sen. Toomey, Patrick [R-PA] · R · Cosponsor
- Sen. Capito, Shelley Moore [R-WV] · R · Cosponsor
- Sen. Shaheen, Jeanne [D-NH] · D · Cosponsor
- Sen. Portman, Rob [R-OH] · R · Cosponsor
- Sen. Hoeven, John [R-ND] · R · Cosponsor
- Sen. Risch, James E. [R-ID] · R · Cosponsor
- Sen. Lankford, James [R-OK] · R · Cosponsor
- Sen. Warner, Mark R. [D-VA] · D · Cosponsor
- Sen. Cotton, Tom [R-AR] · R · Cosponsor
- Sen. Kaine, Tim [D-VA] · D · Cosponsor
- · ssbk00 · 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/senate-bill/1002
- Open data entity: https://api.congress.gov/v3/bill/115/s/1002
- us · 115-s-1002 · source updated 11 August 2025