H.R. 1116 — 115th Congress
TAILOR Act of 2017
Sponsor
More bills from this sponsor
115th Congress| Measure | Title |
|---|---|
| H.R. 4545 · Finance and Financial Sector | Financial Institutions Examination Fairness and Reform Act |
| H.R. 2768 · Public Lands and Natural Resources | Fowler and Boskoff Peaks Designation Act |
| H.R. 1457 · Finance and Financial Sector | MOBILE Act of 2017 |
Latest action
Mar 15, 2018Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
CRS summary
As of Mar 14, 2018Passed House amended
Taking Account of Institutions with Low Operation Risk Act of 2017 or the TAILOR Act of 2017
(Sec. 2) This bill requires federal financial regulatory agencies to: (1) tailor any regulatory actions so as to limit burdens on the institutions involved, with consideration of the risk profiles and business models of those institutions; and (2) report to Congress on specific actions taken to do so, as well as on other related issues. The bill's tailoring requirement applies not only to future regulatory actions but also to regulations adopted within the last seven years.
(Sec. 3) The bill amends the Federal Reserve Act to lower the maximum allowable amount of surplus funds of the Federal Reserve banks.
Congressional Research Service, via api.congress.gov (public domain)
Roll-call votes
2 on recordMar 14, 2018 · On Passage
Full roll callYea — 247: 229 R · 16 D · 1 I · 1 L
Nay — 169: 167 D · 1 I · 1 R
Not Voting — 14: 9 D · 5 R
Mar 14, 2018 · On Motion to Recommit with Instructions
Full roll callYea — 182: 180 D · 1 I · 1 R
Nay — 232: 230 R · 1 I · 1 L
Not Voting — 16: 12 D · 4 R
Member pages currently show roll-call votes from the 119th Congress only. The “Member pages” column marks votes from that congress.