Federal Savings Association Charter Flexibility Act of 2015
Latest action · Dec 12, 2016 Placed on the Union Calendar, Calendar No. 683.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedMar 26, 2015
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)
Federal Savings Association Charter Flexibility Act of 2015
(Sec. 2) This bill amends the Home Owners' Loan Act to permit a federal savings association to elect to operate subject to supervision by the Comptroller of the Currency with the rights and duties of a national bank.
Cosponsors 14
Members who signed on, in the order they did. Signatures ran from Mar 26, 2015 to Mar 17, 2016; 1 is an original cosponsor, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-CT | James A. Himes | Original | Mar 26, 2015 |
| R-KY | Andy Barr | Apr 16, 2015 | |
| R-MO | Blaine Luetkemeyer | Apr 16, 2015 | |
| R-ND | Kevin Cramer | Apr 16, 2015 | |
| R-OH | Steve Stivers | Apr 16, 2015 | |
| R-CO | Scott R. Tipton | Apr 29, 2015 | |
| R-KS | Lynn Jenkins | Jun 2, 2015 | |
| R-WI | Reid J. Ribble | Jun 2, 2015 | |
| R-NJ | Thomas MacArthur | Jun 3, 2015 | |
| R-IN | Todd Young | Jun 8, 2015 | |
| D-MN | Timothy J. Walz | Sep 28, 2015 | |
| R-VA | E. Scott Rigell | Oct 1, 2015 | |
| R-OH | Robert E. Latta | Mar 1, 2016 | |
| D-NE | Brad Ashford | Mar 17, 2016 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Financial Services Committee | Referred Mar 26, 2015Markup Nov 3, 2015Reported Dec 12, 2016 |
| Consumer Protection and Financial Institutions Subcommittee | Hearings Jun 11, 2015 |
Actions 7
Everything that happened, newest first.
- Dec 12, 2016Reported by the Committee on Financial Services. H. Rept. 114-873.
- Dec 12, 2016Placed on the Union Calendar, Calendar No. 683.
- Nov 3, 2015Committee Consideration and Mark-up Session Held.
- Nov 3, 2015Ordered to be Reported by Voice Vote.
- Jun 11, 2015Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Referral.
- Mar 26, 2015Introduced in House
- Mar 26, 2015Referred to the House Committee on Financial Services.
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Committee report
Congressional Budget Office cost estimate
- Jan 14, 2016H.R. 1660, Federal Savings Association Charter Flexibility Act of 2015As ordered reported by the House Committee on Financial Services on November 3, 2015
Constitutional authority
The sponsor’s statement, as printed in the Congressional Record, vol. 161, no. 51, March 26, 2015, page H2112.
Printed hearings 3
Hearings whose printed record names this bill, newest first: hearings on it, and wider hearings where it came up.
| Number | Hearing | Committee | Held |
|---|---|---|---|
| Serial No. 114-55 | EXAMINING LEGISLATIVE PROPOSALS TO REDUCE REGULATORY BURDENS ON MAIN STREET JOB CREATORS79 pages | Financial Services Committee | Oct 21, 2015 |
| Serial No. 114-31 | EXAMINING LEGISLATIVE PROPOSALS TO PRESERVE CONSUMER CHOICE AND FINANCIAL INDEPENDENCE132 pages | Financial Services Committee | Jun 11, 2015 |
| Serial No. 114-16 | EXAMINING REGULATORY. BURDENS--REGULATOR. PERSPECTIVE214 pages | Financial Services Committee | Apr 23, 2015 |
CRS reports 1
Congressional Research Service work that CRS links to this bill or the law it became, newest first.
Cite it 1
Products on other subjects that cite it, usually among other measures.
| Product | Title | Kind | Published |
|---|---|---|---|
| R44035 | “Regulatory Relief” for Banking: Selected Legislation in the 114th Congress Archived | Report | Nov 23, 2016 |
Related bills 2
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 1426 | Federal Savings Association Charter Flexibility Act of 2017 | Reintroduced Bill | Jan 30, 2018 |
| S 2722 | Federal Savings Association Charter Flexibility Act of 2016 | Related bill | Mar 17, 2016 |
Titles 3
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To amend the Home Owners' Loan Act to allow Federal savings associations to elect to operate as national banks, and for other purposes.
- Short Titles as Introduced
- Federal Savings Association Charter Flexibility Act of 2015
- Short Titles as Reported to House
- Federal Savings Association Charter Flexibility Act of 2015
Subjects
Assigned by the Library of Congress. Policy area: Finance and Financial Sector.
Text 2
Each version as it was printed, newest first.
- Dec 12, 2016Reported in House
- Mar 26, 2015Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
