H.R. 766 · 117th Congress
TAILOR Act
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Never voted on. It didn't reach a floor vote before the 117th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
12 cosponsors · 12 R
11 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Taking Account of Institutions with Low Operation Risk Act or the TAILOR Act
What it does: CRS summary · Introduced in House · Feb 3, 2021
Taking Account of Institutions with Low Operation Risk Act or the TAILOR Act
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.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: TAILOR Act
Also known as: Taking Account of Institutions with Low Operation Risk Act
Latest action (Feb 3, 2021): Referred to the House Committee on Financial Services.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Feb 3, 2021
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.