HR-4296 : Still Just a Bill

This bill specifies that a federal banking agency may not establish an operational-risk capital requirement for banking organizations unless the requirement: (1) is based on, and is appropriately sensitive to, current risks; (2) is determined under a forward-looking assessment of potential losses; and (3) allows certain adjustments.

Action Timeline

Action DateTypeTextSource
2018-02-28IntroReferralReceived in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.Senate
2018-02-27FloorMotion to reconsider laid on the table Agreed to without objection.House floor actions
2018-02-27VoteOn passage Passed by the Yeas and Nays: 245 - 169 (Roll no. 89). (text of amendment in the nature of a substitute: CR H1308)House floor actions
2018-02-27VoteOn motion to recommit with instructions Failed by the Yeas and Nays: 185 - 228 (Roll no. 88).House floor actions
2018-02-27FloorThe previous question on the motion to recommit with instructions was ordered without objection.House floor actions
2018-02-27FloorDEBATE - The House proceeded with 10 minutes of debate on the Waters(CA) 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 add an exemption to the underlying bill for any global systematically important bank holding company or subsidiary that has engaged in a pattern or practice of unsafe or unsound banking practices related to consumer harm.House floor actions
2018-02-27FloorMs. Waters, Maxine moved to recommit with instructions to the Committee on Financial Services. (text: CR H1314-1315)House floor actions
2018-02-27FloorThe previous question was ordered pursuant to the rule.House floor actions
2018-02-27FloorDEBATE - The House proceeded with one hour of debate on H.R. 4296.House floor actions
2018-02-27FloorRule provides for consideration of H.R. 4296 and H.R. 4607. Rule provides for consideration of H.R. 4296 and H.R. 4607 under closed rules with one hour of debate equally divided and controlled by the Chair and Ranking Member of the Committee on Financial Services for each measure.House floor actions
2018-02-27FloorConsidered under the provisions of rule H. Res. 747. (consideration: CR H1308-1317)House floor actions
2018-02-26FloorRules Committee Resolution H. Res. 747 Reported to House. Rule provides for consideration of H.R. 4296 and H.R. 4607. Rule provides for consideration of H.R. 4296 and H.R. 4607 under closed rules with one hour of debate equally divided and controlled by the Chair and Ranking Member of the Committee on Financial Services for each measure.House floor actions
2018-02-23CalendarsPlaced on the Union Calendar, Calendar No. 434.House floor actions
2018-02-23CommitteeReported (Amended) by the Committee on Financial Services. H. Rept. 115-574.House floor actions
2017-11-15CommitteeOrdered to be Reported by the Yeas and Nays: 43 - 17.House committee actions
2017-11-15CommitteeCommittee Consideration and Mark-up Session Held.House committee actions
2017-11-08IntroReferralReferred to the House Committee on Financial Services.House floor actions
2017-11-08IntroReferralIntroduced in HouseLibrary of Congress

Policy Area :

Finance and Financial Sector
See Subjects
  • Bank accounts, deposits, capital
  • Federal Reserve System

Related Bills

See Related Bills