US Congress House Bill 2706 (Prior Session Legislation)

---

Spectrum: Partisan Bill (Republican 20-0)
Status: Engrossed on December 12 2017 - 50% progression, died in committee
Action: 2017-12-12 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Engrossed) [PDF]

Financial Institution Customer Protection Act of 2017 (Sec. 2) This bill specifies that a federal banking agency may not request or order a depository institution to terminate a customer account unless: (1) the agency has a valid reason for doing so, and (2) that reason is not based solely on reputation risk. Valid reasons for terminating an account include threats to national security and involvement in terrorist financing, including state sponsorship of terrorism. A federal banking agency requesting a termination must provide the depository institution with notification and justification.

Financial Institution Customer Protection Act of 2017

Rep. Blaine Luetkemeyer [R-MO]	Rep. Keith Rothfus [R-PA]	Rep. Pete Sessions [R-TX]	Sen. Ted Budd [R-NC]
Rep. Steve Stivers [R-OH]	Rep. Robert Pittenger [R-NC]	Rep. Scott Tipton [R-CO]	Rep. Roger Williams [R-TX]
Rep. Frank Lucas [R-OK]	Rep. Trey Hollingsworth [R-IN]	Rep. Randy Hultgren [R-IL]	Rep. Thomas MacArthur [R-NJ]
Rep. Claudia Tenney [R-NY]	Rep. Rodney Davis [R-IL]	Rep. Dennis Ross [R-FL]	Rep. Barry Loudermilk [R-GA]
Rep. Tom Emmer [R-MN]	Rep. Sam Graves [R-MO]	Rep. Robert Latta [R-OH]	Rep. John Faso [R-NY]

2017-12-11 - House - On motion to suspend the rules and pass the bill, as amended RC# 672 (Y: 395 N: 2 NV: 34 Abs: 0) [PASS]

Date	Chamber	Action
2017-12-12	Senate	Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
2017-12-11	House	Motion to reconsider laid on the table Agreed to without objection.
2017-12-11	House	On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 395 - 2 (Roll no. 672). (text: CR H9770-9771)
2017-12-11	House	Considered as unfinished business. (consideration: CR H9777-9778)
2017-12-11	House	At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
2017-12-11	House	DEBATE - The House proceeded with forty minutes of debate on H.R. 2706.
2017-12-11	House	Considered under suspension of the rules. (consideration: CR H9770-9773)
2017-12-11	House	Mr. Luetkemeyer moved to suspend the rules and pass the bill, as amended.
2017-11-16	House	Placed on the Union Calendar, Calendar No. 306.
2017-11-16	House	Reported (Amended) by the Committee on Financial Services. H. Rept. 115-414.
2017-10-12	House	Ordered to be Reported (Amended) by the Yeas and Nays: 59 - 1.
2017-10-12	House	Committee Consideration and Mark-up Session Held.
2017-10-11	House	Committee Consideration and Mark-up Session Held.
2017-05-25	House	Referred to the House Committee on Financial Services.
2017-05-25	House	Introduced in House

HB10 (Related) 2017-07-13 - Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-108.
HB2133 (Related) 2017-07-12 - Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Referral.
HB3280 (Related) 2017-07-26 - Committee on Appropriations Senate Subcommittee on Financial Services and General Government. Hearings held on the subject prior to measure being received from the House. Hearings printed: S. Hrg. 115-191.
HB3354 (Related) 2017-09-27 - Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 230.
HB6147 (Related) 2018-09-07 - Message on Senate action sent to the House.

Type	Source
Summary	https://www.congress.gov/bill/115th-congress/house-bill/2706/all-info
Text	https://www.congress.gov/115/bills/hr2706/BILLS-115hr2706ih.pdf
Text	https://www.congress.gov/115/bills/hr2706/BILLS-115hr2706rh.pdf
Text	https://www.congress.gov/115/bills/hr2706/BILLS-115hr2706eh.pdf
Roll Call	https://clerk.house.gov/Votes/2017672