H.R. 741: TAILOR Act of 2019
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H.R. 741: TAILOR Act of 2019
116th Congress · introduced 2019-01-24 · Finance and Financial Sector · Latest: Referred to the House Committee on Financial Services.
federal
Follow this bill, step by step
- Where it came from: introduced 2019-01-24 · official record
- Who proposed it: Rep. Tipton, Scott R. [R-CO-3] · what a sponsor is
- What happened next: no floor votes in our records yet. Why?
- Where it stands now: Referred to the House Committee on Financial Services. Not final yet: this can still change. We check for updates every day.
- If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.
Official title
TAILOR Act of 2019
Plain summary
Taking Account of Institutions with Low Operation Risk Act of 2019 or the TAILOR Act of 2019 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.
Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.
What a vote does
A “Yea” vote
If it passes both chambers and is signed, it becomes law.
A “Nay” vote
If it is not passed, current law stays as it is.
PSI Sci description of the legislative step (not an opinion).
What does this mean? (plain words)
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The strongest published arguments
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Alternatives
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How did my representative vote? · This bill's floor votes
Officials and money
Sponsor: Rep. Tipton, Scott R. [R-CO-3] · 32 cosponsors
Cost estimate: No cost estimate published yet.
Cosponsors on this site
Ted Budd (R-NC), Roger Marshall (R-KS), Steve Womack (R-AR), Frank D. Lucas (R-OK), Andy Barr (R-KY), Barry Loudermilk (R-GA), Robert E. Latta (R-OH), Tom Cole (R-OK), Warren Davidson (R-OH), J. French Hill (R-AR), David Kustoff (R-TN), Mike Bost (R-IL), John W. Rose (R-TN), Bryan Steil (R-WI), Robert J. Wittman (R-VA), Paul A. Gosar (R-AZ), Ann Wagner (R-MO)
No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.
Words on this page, explained (2)
- Bill
- A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).
- Rulemaking
- The process agencies use to write regulations that carry out laws passed by Congress or a legislature. Usually an agency publishes a proposed rule, takes public comments, then publishes a final rule.
Plain meanings written from linked sources. All words.
Sources
- Congressional Research Service summary (Introduced in House)
- Congress.gov
- Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-116hr741.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/116/hr>
Record fed-us-cong116-hr741 · catalog fed-us-congress-bills-cong116 · updated 2026-11-15 by psicol fed-bills-cong116