H.R. 3978 - TRID Improvement Act of 2017

Bill Text

    Rules Committee Print 115-59 PDF XML

    Showing the text of H.R. 3978, H.R. 1645, and H.R. 4546 as reported and H.R. 3948, H.R. 2948, and H.R. 4061 as ordered reported; all by the Committee on Financial Services.
            ::  Comparative Print of RCP 115-59 to H.R. 3978 as reported (pursuant to clause 12 of rule XXI) (Updated Tuesday, February 13, 2018 at 7:27PM to reflect the amendment to H.R. 3978 in Part B of H. Rept. 115-559 proposed to be considered as adopted)    PDF        
            ::  Please refer to H. Rept. 115-524 for a Ramseyer of H.R. 3978, H. Rept. 115-425 for a Ramseyer of H.R. 1645, and H. Rept. 115-525 for a Ramseyer of 4546, H. Rept. 115-549 for a Ramseyer for H.R. 3948, and H. Rept. 115-552 for a Ramseyer for H.R. 2948, as reported (pursuant to clause 12 of rule XXI) (The amendment to H.R. 3978 in Part B of H. Rept. 115-559 proposed to be considered as adopted makes no changes in existing law)

    Text of H.R. 3978 PDF XML

    TRID Improvement Act of 2017 (as reported)

    H. Rept. 115-524 PDF

    Report from the Committee on Financial Services to accompany H.R. 3978

    H. Rept. 115-425 PDF

    Report from the Committee on Financial Services to accompany H.R. 1645

    H. Rept. 115-525 PDF

    Report from the Committee on Financial Services to accompany H.R. 4546

    H. Rept. 115-549 PDF

    Report from the Committee on Financial Services to accompany H.R. 3948

    H. Rept. 115-552 PDF

    Report from the Committee on Financial Services to accompany H.R. 2948

Rule Information

COMMITTEE ACTION:
REPORTED BY RECORD VOTE of 7-4 on Tuesday, February 13, 2018.

FLOOR ACTION ON H. RES. 736: 
Agreed to by record vote of 227-187, after agreeing to the previous questions by record vote of 228-187 on Wednesday, February 14, 2018.

MANAGERS: Collins/Polis

1. Structured rule for H.R. 620.

2. Provides one hour of general debate equally divided and controlled by the chair and ranking minority member of the Committee on the Judiciary.

3. Waives all points of order against consideration of the bill.

4. Provides that the bill shall be considered as read.

5. Waives all points of order against provisions in the bill.

6. Makes in order only those amendments printed in part A of the Rules Committee report. Each such amendment may be offered only in the order printed in the report, may be offered only by a Member designated in the report, shall be considered as read, shall be debatable for the time specified in the report equally divided and controlled by the proponent and an opponent, shall not be subject to amendment, and shall not be subject to a demand for division of the question.

7. Waives all points of order against the amendments printed in part A of the report.

8. Provides one motion to recommit with or without instructions.

9. Closed rule for H.R. 3299.

10. Provides one hour of debate equally divided and controlled by the chair and ranking minority member of the Committee on Financial Services.

11. Waives all points of order against consideration of the bill.

12. Provides that the bill shall be considered as read.

13. Waives all points of order against provisions in the bill.

14. Provides one motion to recommit.

15. Structured rule for H.R. 3978.

16. Provides one hour of debate equally divided and controlled by the chair and ranking minority member of the Committee on Financial Services.

17. Waives all points of order against consideration of the bill.

18. Provides that an amendment in the nature of a substitute consisting of the text of Rules Committee Print 115-59, modified by the amendment printed in part B of the Rules Committee report, shall be considered as adopted and the bill, as amended, shall be considered as read.

19. Waives all points of order against provisions in the bill, as amended.

20. Makes in order only the further amendment printed in part C of the Rules Committee report, if offered by the Member designated in the report, which shall be considered as read, shall be debatable for the time specified in the report equally divided and controlled by the proponent and an opponent, shall not be subject to amendment, and shall not be subject to a demand for division of the question.

21. Waives all points of order against the amendment printed in part C of the report.

22. Provides one motion to recommit with or without instructions.

23. Section 4 provides that on any legislative day during the period from February 16, 2018, through February 23, 2018: the Journal of the proceedings of the previous day shall be considered as approved; and the Chair may at any time declare the House adjourned to meet at a date and time to be announced by the Chair in declaring the adjournment.

24. Section 5 provides that the Speaker may appoint Members to perform the duties of the Chair for the duration of the period addressed by section 4.

Amendments (click headers to sort)

#Version #Sponsor(s)PartySummaryStatus
1Version 1Hill (AR)RepublicanReduces the amount of money that the SEC can deposit in its "Reserve Fund" to a maximum of $48 million for the current fiscal year (FY 18), and direct any amounts that exceed that limitation from the SEC to the Treasury General Fund, and strike Title VI.Considered as Adopted
2Version 1Foster (IL), Scott, David (GA)DemocratClarifies that the requirement applies only to proprietary source code related to algorithmic trading, which contains prescriptive information.Made In Order

Committee Votes

Rules Committee Record Vote No. 192

Motion by Mr. Cole to report the rule. Adopted: 7-4

Majority Member
Vote
Mr. Cole
Yea
Mr. Woodall
Yea
Mr. Burgess
Yea
Mr. Collins
Yea
Mr. Byrne
No Vote
Mr. Newhouse
Yea
Mr. Buck
Yea
Ms. Cheney
Yea
Mr. Sessions, Chairman
No Vote
Minority Member
Vote
Ms. Slaughter
Nay
Mr. McGovern
Nay
Mr. Hastings
Nay
Mr. Polis
Nay