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Bill115th CongressFiled Dec 6, 2017Finance and Financial Sector
H.R. 4566

Alleviating Stress Test Burdens to Help Investors Act

Bill journey · stage 2 of 5

Under committee review

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What it doesSummary reported to house with amendment(s) (Mar 15, 2018)

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.

What just happenedMar 21, 2018

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Who’s behind it

Rep. Poliquin, Bruce [R-ME-2](R-ME)Sponsor
Read on Congress.gov
2committees20actions2amendments3related bills7subjects
  1. Mar 21, 2018IntroReferral

    Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    Banking, Housing, and Urban Affairs Committee
  2. Mar 20, 2018FloorH38310

    Motion to reconsider laid on the table Agreed to without objection.

  3. Mar 20, 2018FloorH37100

    On passage Passed by the Yeas and Nays: 395 - 19 (Roll no. 119). (text: CR H1712)

  4. Mar 20, 2018Floor8000

    Passed/agreed to in House: On passage Passed by the Yeas and Nays: 395 - 19 (Roll no. 119).(text: CR H1712)

  5. Mar 20, 2018FloorH35000

    The previous question was ordered pursuant to the rule.

  6. Mar 20, 2018FloorH8D000

    DEBATE - Pursuant to the order of the House on March 20, 2018, the House proceeded with 10 minutes of debate on the Maxine Waters amendment No. 1, as modified.

  7. Mar 20, 2018FloorH8D000

    DEBATE - The House proceeded with one hour of debate on H.R. 4566.

  8. Mar 20, 2018FloorH8D000

    The resolution provides for one hour of debate on each bill. The resolution makes in order only the further amendment to H.R. 4566 printed in the report. No further amendments on either bill are made in order. Section 3 of the resolution makes it in order to consider any resolution reported from the Rules Committee on the day it is reported through the legislative day of March 23, 2018. Section 4 grants suspension authority on the legislative days of March 22, 2018 and March 23, 2018. Section 5 of the resolution amends section 3(a) of H.Res. 5 by striking "the first session of".

  9. Mar 20, 2018FloorH30000

    Considered under the provisions of rule H. Res. 787. (consideration: CR H1712-1718)

  10. Mar 20, 2018FloorH8D000

    ORDER OF BUSINESS - Ms. Waters of California asked unanimous consent to modify amendment No. 1 printed in House Report 115-613. Agreed to without objection.

  11. Mar 19, 2018FloorH1L210

    Rules Committee Resolution H. Res. 787 Reported to House. The resolution provides for one hour of debate on each bill. The resolution makes in order only the further amendment to H.R. 4566 printed in the report. No further amendments on either bill are made in order. Section 3 of the resolution makes it in order to consider any resolution reported from the Rules Committee on the day it is reported through the legislative day of March 23, 2018. Section 4 grants suspension authority on the legislative days of March 22, 2018 and March 23, 2018. Section 5 of the resolution amends section 3(a) of H. Res. 5.

  12. Mar 15, 2018CalendarsH12410

    Placed on the Union Calendar, Calendar No. 457.

  13. Mar 15, 2018CommitteeH12200

    Reported (Amended) by the Committee on Financial Services. H. Rept. 115-601.

    Financial Services Committee
  14. Mar 15, 2018Committee5000

    Reported (Amended) by the Committee on Financial Services. H. Rept. 115-601.

    Financial Services Committee
  15. Jan 18, 2018Committee

    Ordered to be Reported (Amended) by the Yeas and Nays: 47 - 8.

    Financial Services Committee
  16. Jan 18, 2018Committee

    Committee Consideration and Mark-up Session Held.

    Financial Services Committee
  17. Jan 17, 2018Committee

    Committee Consideration and Mark-up Session Held.

    Financial Services Committee
  18. Dec 6, 2017IntroReferralH11100

    Referred to the House Committee on Financial Services.

    Financial Services Committee
  19. Dec 6, 2017IntroReferralIntro-H

    Introduced in House

  20. Dec 6, 2017IntroReferral1000

    Introduced in House

Reported to House with amendment(s)Mar 15, 201817

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.

Introduced in HouseDec 6, 2017

Alleviating Stress Test Burdens to Help Investors Act

This bill amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to: (1) exempt certain nonbank financial companies from requirements to conduct stress tests, and (2) eliminate the Federal Reserve Board's authority to conduct stress tests of nonbank financial companies more than once annually.

Alleviating Stress Test Burdens to Help Investors Act — Informed