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S. 2155: Economic Growth, Regulatory Relief, and Consumer Protection Act

About the bill

Even some Democrats believe that the 2010 law passed in response to the Great Recession went too far and may have inadvertently punished smaller loaning and lending institutions.

The Economic Growth, Regulatory Relief, and Consumer Protection Actwould pare some of those rules back — and many red state and rural Democrats are on board.

Context

After the financial crash and Great Recession of 2008–09, a Democratically-controlled Congress passed the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. The bill tightened regulations on the financial institutions which most ...

Sponsor and status

Michael Crapo

Sponsor. Senior Senator for Idaho. Republican.

Read Text »
Last Updated: May 24, 2018
Length: 73 pages
Introduced:

Nov 16, 2017
115th Congress, 2017–2019

Status:

Enacted — Signed by the President on May 24, 2018

This bill was enacted after being signed by the President on May 24, 2018.

Law:

Pub.L. 115-174

What stakeholders are saying

Institute for Spending Reform: SpendingTracker.org estimates S. 2155 will spend $438 million through 2027.

Incorporated legislation

This bill incorporates provisions from:

S. 1344: Family Self-Sufficiency Act

Introduced on Jun 13, 2017. 98% incorporated. (compare text)

H.R. 4258: Family Self-Sufficiency Act

Passed House (Senate next) on Jan 17, 2018. 99% incorporated. (compare text)

H.R. 2255: HOME Act

Passed House (Senate next) on Jan 29, 2018. 89% incorporated. (compare text)

H.R. 3758: Senior Safe Act of 2017

Ordered Reported on Oct 12, 2017. 94% incorporated. (compare text)

S. 223: Senior$afe Act of 2017

Introduced on Jan 24, 2017. 92% incorporated. (compare text)

H.R. 5192: Protecting Children from Identity Theft Act

Passed House (Senate next) on Apr 17, 2018. 90% incorporated. (compare text)

S. 2304: Protecting Veterans from Predatory Lending Act of 2018

Introduced on Jan 11, 2018. 96% incorporated. (compare text)

S. 1685: Credit Score Competition Act of 2017

Introduced on Aug 1, 2017. 72% incorporated. (compare text)

S. 2498: Protecting Children From Identity Theft Act

Introduced on Mar 5, 2018. 94% incorporated. (compare text)

H.R. 3978: TRID Improvement Act of 2017

Passed House (Senate next) on Feb 14, 2018. 41% incorporated. (compare text)

H.R. 898: Credit Score Competition Act of 2017

Introduced on Feb 7, 2017. 59% incorporated. (compare text)

H.R. 2948: To amend the S.A.F.E. Mortgage Licensing Act of 2008 to provide a temporary license for loan originators transitioning between employers, and for other purposes.

Ordered Reported on Dec 13, 2017. 84% incorporated. (compare text)

S. 1753: SAFE Transitional License Act

Introduced on Aug 3, 2017. 86% incorporated. (compare text)

H.R. 2148: Clarifying Commercial Real Estate Loans

Passed House (Senate next) on Nov 7, 2017. 92% incorporated. (compare text)

S. 2405: Clarifying Commercial Real Estate Loans

Introduced on Feb 8, 2018. 92% incorporated. (compare text)

H.R. 1457: MOBILE Act of 2017

Passed House (Senate next) on Jan 29, 2018. 85% incorporated. (compare text)

S. 1500: Keeping Capital Local for Underserved Communities Act of 2017

Introduced on Jun 29, 2017. 95% incorporated. (compare text)

H.R. 2403: Keeping Capital Local for Underserved Communities Act of 2017

Introduced on May 8, 2017. 86% incorporated. (compare text)

H.R. 1426: Federal Savings Association Charter Flexibility Act of 2017

Passed House (Senate next) on Jan 29, 2018. 87% incorporated. (compare text)

S. 567: Federal Savings Association Charter Flexibility Act of 2017

Introduced on Mar 8, 2017. 88% incorporated. (compare text)

H.R. 4279: Expanding Investment Opportunities Act

Passed House (Senate next) on Jan 17, 2018. 90% incorporated. (compare text)

S. 828: A bill to amend the Federal Deposit Insurance Act to require the appropriate Federal banking agencies to treat certain municipal obligations as level 2B liquid assets, and for other purposes.

Introduced on Apr 5, 2017. 99% incorporated. (compare text)

S. 1284: Community Bank Relief Act

Introduced on May 25, 2017. 79% incorporated. (compare text)

H.R. 1257: Securities and Exchange Commission Overpayment Credit Act

Ordered Reported on Mar 9, 2017. 99% incorporated. (compare text)

S. 462: Securities and Exchange Commission Overpayment Credit Act

Passed Senate (House next) on Sep 11, 2017. 99% incorporated. (compare text)

H.R. 5277: Financial Literacy College Education Act

Introduced on Mar 14, 2018. 89% incorporated. (compare text)

H.R. 3093: Investor Clarity and Bank Parity Act

Passed House (Senate next) on Dec 11, 2017. 97% incorporated. (compare text)

H.R. 1366: U.S. Territories Investor Protection Act of 2017

Passed House (Senate next) on May 1, 2017. 88% incorporated. (compare text)

H.R. 5659: Volcker Rule Relief Act of 2018

Introduced on Apr 27, 2018. 95% incorporated. (compare text)

S. 484: U.S. Territories Investor Protection Act of 2017

Passed Senate (House next) on Sep 11, 2017. 99% incorporated. (compare text)

History

Nov 16, 2017
 
Introduced

Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.

Dec 5, 2017
 
Ordered Reported

A committee has voted to issue a report to the full chamber recommending that the bill be considered further. Only about 1 in 4 bills are reported out of committee.

Mar 14, 2018
 
Passed Senate (House next)

The bill was passed in a vote in the Senate. It goes to the House next.

May 17, 2018
 
On House Schedule

The House indicated that this bill would be considered in the week ahead.

May 22, 2018
 
Passed House

The bill was passed by both chambers in identical form. It goes to the President next who may sign or veto the bill.

May 24, 2018
 
Enacted — Signed by the President

The President signed the bill and it became law.

S. 2155 is a bill in the United States Congress.

A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.

How to cite this information.

We recommend the following MLA-formatted citation when using the information you see here in academic work:

“S. 2155 — 115th Congress: Economic Growth, Regulatory Relief, and Consumer Protection Act.” www.GovTrack.us. 2017. July 17, 2018 <https://www.govtrack.us/congress/bills/115/s2155>

Where is this information from?

GovTrack automatically collects legislative information from a variety of governmental and non-governmental sources. This page is sourced primarily from Congress.gov, the official portal of the United States Congress. Congress.gov is generally updated one day after events occur, and so legislative activity shown here may be one day behind. Data via the congress project.