Federal RuleAug 21
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DOL Rewrites Disability Rules for 'Merit-Based Opportunity' Push
RuleLabor DepartmentFederal Contract Compliance Programs OfficeSignificant Wallet
115-hr-4292115th Congress
Financial Institution Living Will Improvement Act of 2017
Sponsored By: Representative Zeldin, Lee M. [R-NY-1]
Unknown
Summary
Financial Institution Living Will Improvement Act of 2017 This bill amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to limit the frequency with which certain nonbank financial companies and bank holding companies shall be required to submit a "living will" (i.e., the company's plan for rapid and orderly resolution in the event of financial distress or failure) to the Federal Reserve Board (FRB), the Financial Stability Oversight Council, and the Federal Deposit Insurance Corporation (FDIC). Specifically, such companies shall be required to do so no more than once every two years. The FRB and the FDIC must provide feedback to a company regarding such a plan within six months.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & CoSponsors
Sponsor
Zeldin, Lee M. [R-NY-1]
NY • R
Cosponsors
Rep. Maloney, Carolyn B. [D-NY-12]
NY • D
Sponsored 11/7/2017
ED ROYCE
CA • R
Sponsored 11/14/2017
Rep. Sinema, Kyrsten [D-AZ-9]
AZ • D
Sponsored 11/14/2017
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov