TAILOR Act
Summary
Taking Account of Institutions with Low Operation Risk Act or the TAILOR Act 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 regulatory actions but also to regulations adopted within the last seven years.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2021
Committee Review
Floor Vote
President
Introduced Feb 3, 2021
Last action Feb 3, 2021
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Feb 3, 2021
Committee
Referred to the House Committee on Financial Services.
lower
Feb 3, 2021
Introduced
Introduced in House
lower
1 primary · 12 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Barry Loudermilk
RRepublican
Co
Andy Barr
RRepublican
Co
Ann Wagner
RRepublican
Co
Bill Posey
RRepublican
Co
Bryan Steil
RRepublican
Co
David Kustoff
RRepublican
Co
J. French Hill
RRepublican
Co
John W. Rose
RRepublican
Co
Lee M. Zeldin
RRepublican
Co
Pete Sessions
RRepublican
Co
Roger Williams
RRepublican
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