PlainBillCongress, translated.Legislation. Context. Public interest.Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Congressional Research Service
Version 36 · Passed House amended · Apr 11, 2018
Stress Test Improvement Act of 2017
(Sec. 2) This bill amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to modify testing requirements applicable to bank holding companies and certain nonbank financial companies, including by: (1) establishing limitations on Comprehensive Capital Analysis and Review by the Federal Reserve Board, (2) reducing the frequency of stress testing from semiannual to annual, and (3) otherwise revising provisions related to stress testing.
(Sec. 4) The bill amends the Federal Reserve Act to lower the maximum allowable amount of surplus funds of the Federal Reserve banks.
People & committees
Rep. Zeldin, Lee M. [R-NY-1] · R–NY
Legislative record
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Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Motion to reconsider laid on the table Agreed to without objection.
On passage Passed by the Yeas and Nays: 245 - 174 (Roll no. 137). (text: CR H3112)
House roll call 137 · Individual votesPassed/agreed to in House: On passage Passed by the Yeas and Nays: 245 - 174 (Roll no. 137).(text: CR H3112)
House roll call 137 · Individual votesOn motion to recommit with instructions Failed by the Yeas and Nays: 188 - 231 (Roll no. 136).
House roll call 136 · Individual votesConsidered as unfinished business. (consideration: CR H3128-3129)
POSTPONED PROCEEDINGS - At the conclusion of debate on the Maxine Waters motion to recommit with instructions, the Chair put the question on the motion to recommit and by voice vote announced that the ayes had prevailed. Ms. Maxine Waters demanded the yeas and nays, and the Chair postponed further proceedings on the motion to recommit until later in the legislative day.
The previous question on the motion to recommit with instructions was ordered without objection.
DEBATE - The House proceeded with 10 minutes of debate on the Maxine Waters motion to recommit with instructions. The instructions contained in the motion seek to report the same back to the House forthwith with an amendment to require stronger semi-annual stress tests for any global systemically important bank holding company or subsidiary that has engaged in a pattern of unsafe banking practices or any other violations related to consumer harm.
Ms. Waters, Maxine moved to recommit with instructions to the Committee on Financial Services. (text: CR H3118)
The previous question was ordered pursuant to the rule.
DEBATE - The House proceeded with one hour of debate on H.R. 4293.
The resolution provides for one hour of debate on each measure. The rule provides for H.R. 4061 and H.R. 4293 to be considered under closed rules.
Considered under the provisions of rule H. Res. 780. (consideration: CR H3112-3119)
Rule H. Res. 780 passed House.
Rules Committee Resolution H. Res. 780 Reported to House. The resolution provides for one hour of debate on each measure. The rule provides for H.R. 4061 and H.R. 4293 to be considered under closed rules.
Placed on the Union Calendar, Calendar No. 451.
Reported (Amended) by the Committee on Financial Services. H. Rept. 115-593.
Reported (Amended) by the Committee on Financial Services. H. Rept. 115-593.
Ordered to be Reported (Amended) by the Yeas and Nays: 38 - 21.
Committee Consideration and Mark-up Session Held.
Referred to the House Committee on Financial Services.
Introduced in House
Introduced in House
Primary sources
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Source last updated: Apr 7, 2025. Consult Congress.gov for the current record.
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