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Financial Institution Living Will Improvement Act of 2017
(Sec. 2) This bill amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to establish 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 once every two years. (Current regulations generally require annual submission of plans.)
The FRB and the FDIC must provide feedback to a company regarding such a plan within six months.
Written by the nonpartisan Congressional Research Service, describing H.R. 4292 as passed House amended on Jan 30, 2018. It is not the text of the measure; a later amendment may have changed what it does.
House Jan 30, 2018
Financial Institution Living Will Improvement Act
Passed · Two-thirds required
414 Yea 0 Nay 16 not voting
Crossed both parties No voting member broke with their own party.
DemocratsRepublicansFilled: YeaRing: NayGrey: not voting or present
430 members on this roll call, from the official House record. Party majorities need at least five voting members, so an independent never counts as breaking with a party.
Signing on is not a vote: a member can cosponsor H.R. 4292 and vote against it. 1 signed when it was filed.
Organizations that named H.R. 4292 in a lobbying disclosure. Only those that cited the bill by number appear, so this is a floor, not a full list.
40 disclosures name this measure. Retrieved from LDA.gov on 2026-10-05. Senate Office of Public Records cannot vouch for the data or analyses derived from these data after the data have been retrieved from LDA.gov.