Taking Account of Institutions with Low Operation Risk Act of 2017 or the TAILOR Act of 2017
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.
| Action Date | Type | Text | Source |
|---|---|---|---|
| 2018-03-15 | IntroReferral | Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. | Senate |
| 2018-03-14 | Floor | Motion to reconsider laid on the table Agreed to without objection. | House floor actions |
| 2018-03-14 | Vote | On passage Passed by the Yeas and Nays: 247 - 169 (Roll no. 108). (text: CR H1576) | House floor actions |
| 2018-03-14 | Vote | On motion to recommit with instructions Failed by the Yeas and Nays: 182 - 232 (Roll no. 107). | House floor actions |
| 2018-03-14 | Floor | The previous question on the motion to recommit with instructions was ordered without objection. | House floor actions |
| 2018-03-14 | Floor | DEBATE - The House proceeded with 10 minutes of debate on the motion to recommit with instructions. The instructions contained in the motion seek to require the bill to be reported back to the House with an amendment to insert on page 3, line 22 ", unless such tailoring is done at the request of and for the personal gain of the President, his or her immediate family members, or senior Executive Branch officials who are required to file annual financial disclosure forms, or is otherwise determined inappropriate by the appropriate Federal financial regulator" before the period at the end. | House floor actions |
| 2018-03-14 | Floor | Mr. Connolly moved to recommit with instructions to the Committee on Financial Services. (text: CR H1583) | House floor actions |
| 2018-03-14 | Floor | The previous question was ordered pursuant to the rule. | House floor actions |
| 2018-03-14 | Floor | DEBATE - The House proceeded with one hour of debate on H.R. 1116. | House floor actions |
| 2018-03-14 | Floor | Rule provides for consideration of H.R. 4545, H.R. 1116 and H.R. 4263. Rule provides for consideration of H.R. 4545 under a structured rule, and makes in order amendments printed in the report, with one motion to recommit with or without instructions. Rule also provides for consideration of H.R. 1116 and H.R. 4263 under closed rules. The rule provides for one hour of debate equally divided and controlled by the Chair and Ranking Minority Member of the Committee on Financial Services for each measure, and one motion to recommit with or without instructions for each measure. | House floor actions |
| 2018-03-14 | Floor | Considered under the provisions of rule H. Res. 773. (consideration: CR H1576-1585) | House floor actions |
| 2018-03-13 | Floor | Rules Committee Resolution H. Res. 773 Reported to House. Rule provides for consideration of H.R. 4545, H.R. 1116 and H.R. 4263. Rule provides for consideration of H.R. 4545 under a structured rule, and makes in order amendments printed in the report, with one motion to recommit with or without instructions. Rule also provides for consideration of H.R. 1116 and H.R. 4263 under closed rules. The rule provides for one hour of debate equally divided and controlled by the Chair and Ranking Minority Member of the Committee on Financial Services for each measure, and one motion to recommit with or without instructions for each measure. | House floor actions |
| 2018-03-06 | Calendars | Placed on the Union Calendar, Calendar No. 446. | House floor actions |
| 2018-03-06 | Committee | Reported by the Committee on Financial Services. H. Rept. 115-588. | House floor actions |
| 2017-10-12 | Committee | Ordered to be Reported by the Yeas and Nays: 39 - 21. | House committee actions |
| 2017-10-12 | Committee | Committee Consideration and Mark-up Session Held. | House committee actions |
| 2017-10-11 | Committee | Committee Consideration and Mark-up Session Held. | House committee actions |
| 2017-02-16 | IntroReferral | Referred to the House Committee on Financial Services. | House floor actions |
| 2017-02-16 | IntroReferral | Introduced in House | Library of Congress |