H.R. 1116: TAILOR Act of 2017

CBO Score

$59 million

Date of Report

Tue December 12th, 2017

CBO Report Details

Legislation Details

115th Congress

To require the Federal financial institutions regulatory agencies to take risk profiles and business models of institutions into account when taking regulatory actions, and for other purposes.

Sponsor: Rep. Scott Tipton — R — CO

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 regul...

View the full vote history of this bill on GovTrack.us.

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