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Bill > HRes773


US HRes773

US HRes773
Providing for consideration of the bill (H.B. 4545) to amend the Federal Financial Institutions Examination Council Act of 1978 to improve the examination of depository institutions, and for other purposes; providing for consideration of the bill (H.B. 1116) to require the Federal financial institutions regulatory agencies to take risk profiles and business models of institutions into account when taking regulatory actions, and for other purposes; and providing for consideration of the bill (H.B


summary

Introduced
03/13/2018
In Committee
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

115th Congress

Bill Summary

Providing for consideration of the bill (H.B. 4545) to amend the Federal Financial Institutions Examination Council Act of 1978 to improve the examination of depository institutions, and for other purposes; providing for consideration of the bill (H.B. 1116) to require the Federal financial institutions regulatory agencies to take risk profiles and business models of institutions into account when taking regulatory actions, and for other purposes; and providing for consideration of the bill (H.B. 4263) to amend the Securities Act of 1933 with respect to small company capital formation, and for other purposes. Sets forth the rule for consideration of the bill (H.B. 4545) to amend the Federal Financial Institutions Examination Council Act of 1978 to improve the examination of depository institutions, and for other purposes; providing for consideration of the bill (H.B. 1116) to require the Federal financial institutions regulatory agencies to take risk profiles and business models of institutions into account when taking regulatory actions, and for other purposes; and providing for consideration of the bill (H.B. 4263) to amend the Securities Act of 1933 with respect to small company capital formation.

AI Summary

This Resolution sets forth the rules for considering three different bills in the House of Representatives, essentially streamlining the legislative process for them. For H.R. 4545, it aims to improve how depository institutions (like banks) are examined by amending the Federal Financial Institutions Examination Council Act of 1978. For H.R. 1116, it requires federal financial institutions regulatory agencies (the government bodies that oversee banks and other financial firms) to consider the specific risk profiles and business models of these institutions when making regulatory decisions, meaning they should tailor their rules to the unique nature of each institution. Lastly, for H.R. 4263, it seeks to amend the Securities Act of 1933 to make it easier for small companies to raise capital. In all three cases, the Resolution waives certain procedural objections that could delay or block consideration of the bills, allows for specific amendments to be considered adopted, limits debate, and permits only one motion to send the bill back for further review.

Sponsors (1)

Last Action

Motion to reconsider laid on the table Agreed to without objection. (on 03/14/2018)

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