H.R. 4296 · 115th Congress
To place requirements on operational risk capital requirements for banking organizations established by an…
Full title
To place requirements on operational risk capital requirements for banking organizations established by an appropriate Federal banking agency.
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2 cosponsors · 1 D, 1 R
1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
- House Introduced Nov 8, 2017
- House Passed Feb 27, 2018 245–169
What it does: CRS summary · Passed House amended · Feb 27, 2018
(Sec. 1) 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.
(Sec. 2) The bill amends the Federal Reserve Act to lower the maximum allowable amount of surplus funds of the Federal Reserve banks.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
Votes to become law
About this bill and sources
Official title: To place requirements on operational risk capital requirements for banking organizations established by an appropriate Federal banking agency.
Latest action (Feb 28, 2018): Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Nov 8, 2017
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML) · Embed in your story
- House Introduced Nov 8, 2017
- House Passed Feb 27, 2018 245–169
Final vote · House · Feb 27, 2018
Passage — Passed. Vote details
Speaker of the House: Paul D. Ryan
Table of every position
All recorded votes (2)
- Passage Passed
House · Feb 27, 2018 · “On Passage” · Speaker: Paul D. Ryan - Sending back to committee (motion to recommit) Failed
House · Feb 27, 2018 · “On Motion to Recommit with Instructions” · Speaker: Paul D. Ryan