Financial Institutions Due Process Act of 2017
Bill journey · stage 1 of 5
Just introduced
What it doesSummary introduced in house (Feb 7, 2017)
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.
What just happenedJul 12, 2017
Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Referral.
Who’s behind it
- Introduced in HouseFeb 7, 2017
- Jul 12, 2017Committee
Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Referral.
Consumer Protection and Financial Institutions Subcommittee - Feb 7, 2017IntroReferralH11100
Referred to the House Committee on Financial Services.
Financial Services Committee - Feb 7, 2017IntroReferralIntro-H
Introduced in House
- Feb 7, 2017IntroReferral1000
Introduced in House