US HR4566

Bill

Alleviating Stress Test Burdens to Help Investors Act

Introduced
12/06/2017

In Committee
01/18/2018

Crossed Over
03/21/2018

Passed

Dead
12/31/2018

Introduced Session

115th Congress

Bill Summary

Alleviating Stress Test Burdens to Help Investors Act This bill amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to: (1) eliminate the Federal Reserve Board's authority to conduct stress tests of nonbank financial companies more than once annually, and (2) exempt certain financial companies not primarily regulated by either a federal banking agency or the Federal Housing Finance Agency from requirements to conduct stress tests. The Securities and Exchange Commission and the Commodity Futures Trading Commission may issue separate regulations requiring specified financial companies with more than $10 billion in total consolidated assets to conduct financial-condition analyses.

AI Summary

This bill amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to eliminate the Federal Reserve Board's authority to conduct stress tests of nonbank financial companies more than once annually, and exempt certain financial companies not primarily regulated by a federal banking agency or the Federal Housing Finance Agency from requirements to conduct stress tests. The Securities and Exchange Commission and the Commodity Futures Trading Commission may issue regulations requiring specified financial companies with more than $10 billion in total consolidated assets to conduct financial-condition analyses.

Committee Categories

Business and Industry, Housing and Urban Affairs

Sponsors (1)

Bruce Poliquin (R)*,

Last Action

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (on 03/21/2018)

Official Document

https://www.congress.gov/bill/115th-congress/house-bill/4566/all-info

(3 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://www.congress.gov/bill/115th-congress/house-bill/4566/all-info
BillText	https://www.congress.gov/115/bills/hr4566/BILLS-115hr4566eh.pdf
Bill	https://www.congress.gov/115/bills/hr4566/BILLS-115hr4566eh.pdf.pdf
BillText	https://www.congress.gov/115/bills/hr4566/BILLS-115hr4566rh.pdf
Bill	https://www.congress.gov/115/bills/hr4566/BILLS-115hr4566rh.pdf.pdf
BillText	https://www.congress.gov/115/bills/hr4566/BILLS-115hr4566ih.pdf
Bill	https://www.congress.gov/115/bills/hr4566/BILLS-115hr4566ih.pdf.pdf

Bill	Bill Name	Last Action	Type
HRes787	Providing for consideration of the bill (H.B. 4566) to amend the Dodd-Frank Wall Street Reform and Consumer Protection Act to provide relief to nonbanks from certain stress test requirements under such Act; providing for consideration of the bill (H.B. 5247) to authorize the use of eligible investigational drugs by eligible patients who have been diagnosed with a stage of a disease or condition in which there is reasonable likelihood that death will occur within a matter of months, or with anoth	Motion to reconsider laid on the table Agreed to without objection.	Related
S3574	Alleviating Stress Test Burdens to Help Investors Act	Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.	Related
S488	JOBS and Investor Confidence Act of 2018	Message on House action received in Senate and at desk: House amendments to Senate bill.	Related

Bill > HR4566

US HR4566

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (1)

Last Action

Official Document

bill text

bill summary

bill summary

bill summary